Bought the morning panic on $MNTR 600 shares at 2.38 only to have to cancel my order because my limit order bid size was 0.02c below the ask. By the time I cancelled the order and was ready to re-enter, I was too late and didn't want to chase.
I lost a 230+ opportunity only to enter and exit $RGSE (my last day trade per pdt) on a bounce for a 0.82c profit. (Yes, you read that right - 0.82c lol). It wasn't doing what I wanted so I got out.
A 230 lesson to make sure you enter your orders properly. :)
Posted Feb 17, 17 9:53 AMbykrs1
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Basics
the only thing i would say is one thing is to study hard and very intense trading with fear another thing is being smart while entering and exit it could break your heart at the end of the day!
@krs1 Classic beautiful, beautiful REVERSAL PATTERN here, that V-Shape Sell-Off, your entry would've been the next Green Candle to make a new high. The important thing here is you recognized the PATTERN.
@GreTa :) Thanks! yep... I'm starting to pay attention a lot to the lod scanner in STT right on open... this is where I'm looking for the morning panics... not all bounce but I find when it drops this fast that quick, it usually does
@krs1 yup.
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