Trader Brian Jones on Twitter: "@R0cky_T0p It was moving between bids and asks so fast. Any trailing 10% stop or near any stop would have instantly been taken out. It actually did hit $2.40 after If I only had a sell order there. Just a mistake on my part. I just got caught by surprise and wasn't prepared." / Twitter

So what should I have done? 1) Put a sell order in right then and take the profit. 2) Put a sell order in at $2.40? 3) Hope that it was still higher when I got back 5 minutes later?

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Trader Brian Jones

@MasterBJones

Mar 27

Last week I was in a small cap day trade. It wasn't doing much. I bought it for $1.90 and it was trading around $2.04. Then it started moving higher. It was very volatile as it was hit with an algo. I thought it could go to $2.40? It was in the $2.20's when I HAD TO LEAVE.

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and

why not just put a stop in at $2.20 or $2.18

Trader Brian Jones

@MasterBJones

Replying to

@R0cky_T0p

It was moving between bids and asks so fast. Any trailing 10% stop or near any stop would have instantly been taken out. It actually did hit $2.40 after If I only had a sell order there. Just a mistake on my part. I just got caught by surprise and wasn't prepared.

2:55 PM · Mar 27, 2022Twitter Web App

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