2021Gamble wrote: well, that is certainly one way to do things.... but certainly not the only way
I do agree with keeping dry powder for the unexpected manipulated corrections such as we're seeing here over these last 2 days....
however. I put in below market orders all the time with my dry powder - bttom feeding; stink bids - whatever the current phrase of the week is - I have and get my target price for purchase more often than not, and I don't sit around trying to catch the very bottom - nor do I concern myself with hitting the very top.
as an example, I got 5.25/5.28 over on DXT.t with my stinkbid back in December, and if you look at any chart - well it doesn't even look like it dipped that far...so ya, below market orders work for me
if I can make 10-15 cents here and there on the ups and downs, and slowly increase the number of shares i own with the penny profit i make - so be it -
sometimes that is made in a day, and sometimes a week - sometimes I just ingore the ups and downs and let things ride without loosing sleep
but stop losses on the other hand....ya, don't use those 'cause those the manipulators really can see and deliberately hit...
cheers and have a great weekend folks!!
Frank007 wrote: The market manipulators are doing this to shake you out of your shares ....it's standard practice ...and very hard to control as a small investor .....what you must do is buy in small lot through the day and keep some dry powder for their big push down ....do no ...I repeat do not put in an under the market order ....they can see those ....orders ....up and down so you have to be a vulture like me ....good luck ....