Conversation

Trader Brian Jones

Trading quiz. You see a small stock at the open getting played. It's $2.50 ask. You are looking to get it at $2.36 on a drop. It drops to $2.36 ask for the ask but you hesitate and miss it. Then it takes off and spikes in price and volume. What do you do next?

3:24 PM · Feb 20, 2022Twitter Web App

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Look for another play

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Carmen Berzatto

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Sit on ur hands.

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Let it go. Wait for the next stock.

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Let it go. Never chase.

@folowinesentals

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It spiked in volume and price, so you move on to the next one

@OneEyeDollar27

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Watch for it to come back down or move on

mohd murtuza hussain

@mohdmurtuzahus3

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See how strong the volume is if volume dies stay out and don't chase.

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Chase and set tight stop loss!

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Don’t chase. You hesitated with your plan. Meaning that you aren’t confident and now emotions are involved.

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Keep it on your watchlist. Could dip and rip if momentum is still there. Depends on the float/news