Next time wait until she gets 4-6 nodes high. She still has her cotyledon leaves. (the round ones) Also you want a thick bottom stem because when she grows out 2-4 main branches they will get heavy and there will be little (Trunk)support.
but as far as cutting in the right place, you think i made the right cuts? and how does it grow out of the areas i cut (for some reason i thought the plants bleed and that would seal it up from growing)
Yes the plant will seal itself, but you still have a baby on your hands you should not of fim her so soon. Here's what will happen with a proper fim, if this is what you did (below) it was done correct.
yes you fimed them too early al that will happin now is that it will grow extremely slow for a while but for the other qustion if u cut to low then ur just topping it meaning you will only get 2 less colas instead of 4