January 5, 2008
Limit Orders Rock!
Buy low, sell high. Screw the market price. Throw enough wild offers, and eventually something’s gonna stick. See example below. Bought the stock recently at $1.40. A couple of days ago, it soared to a peak of $1.97, triggered my sale order, and then plunged back to earth I felt like a 6 year old kid who got locked in a candy store.
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