This Is Why You Should Have A Little More Patience
My answer to foxx011 is:
“Yes, I regret it very much. I should not have canceled it.” Let me
show you what I’m talking about.
10:04:45 (from TradersWire) The clock is
three minutes slow.
|
Action |
Symbol |
Order Type |
Setup |
Stop |
 Target |
Current Price |
Posted By |
|
Buy |
ADTN | buy stop at 25.33 | challenging intraday high |
25.18 | 25.55 | 25.27 |
TK |
10:17:44
Follow up on ADTN
We are canceling buy.
ADTRAN Inc (ADTN) gapped up at the open and began to form a narrow
trading range at the day’s high. Except two bars shortly after 9:45, you could
say the stock was shaping a Slim Jim. Why did I cancel such an excellent
setup? Because, it fell below my stop loss point before taking out my planned
buy price. Anyway, it was a big mistake. I hope some of you took this trade.
If you have questions, feel free to
mail them to me.