Posted by McFly1985 on 5th of Feb 2019 at 08:55 am
@ RichieD - That's unfortunate, but things like that are fairly
common with those low-priced, low volume stocks. One thing you can
do to set your expectations a bit is to look at past candle
structures. With MTEM, for instance, you see some pretty huge wicks
(mostly up, but sometimes down). That would tell me to expect that
kind of thing in the future. That's also one reason I almost always
trade higher-priced, higher volume stocks.
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@ RichieD - That's unfortunate,
MTEM: Any way to prevent this in future?Bought at $4.20 ...
Posted by McFly1985 on 5th of Feb 2019 at 08:55 am
@ RichieD - That's unfortunate, but things like that are fairly common with those low-priced, low volume stocks. One thing you can do to set your expectations a bit is to look at past candle structures. With MTEM, for instance, you see some pretty huge wicks (mostly up, but sometimes down). That would tell me to expect that kind of thing in the future. That's also one reason I almost always trade higher-priced, higher volume stocks.