ENTRY: Bought a speculative percent gainer premarket on a dip after it broke out. Goal is to sell into another spike premarket or at the open. EXIT: This panicked into the open and tested premarket highs. This wasn't enough of a gain so I kept holding thinking it could make new highs. I kept holding thinking it could come back as it kept panicking and fading. Cut losses once I was down big. LESSON: Don't trade speculative crap. Cut losses quickly.