Yes but 99/100 times that would have been the correct course of...

Yes but 99/100 times that would have been the correct course of action. Cut your losses short and let your profits run. You hit your entry, saw that the stock was moving against you, and acted quickly to prevent it from becoming a bigger loss. I pulled an order early this morning at .015 after thinking this would run, only to be spooked by that stale mate that ensued (Admitting that I was wrong about the stock and thankful that the market was going to give me my money back for another shot). Was horrified when I checked on it later mind you. Still, you have be happy that you were able to emotionally detach yourself from the stock, and cut it loose without (Or maybe just a little) hesitation. Otherwise you could have ended up like those caught in DUO. All of their big losses started out as small losses!