It’s designed to aware traders of potential risks involved in the trade(Which is actually good) like if a penny stock has a liquidity issue than it let one know that there’s a liquidity issue involved in the particular stock, so when one sell it in future one do not feel stuck. With all these algorithms order may not get punch directly in the first attempt.
There was one such stock
I was entering it at the bottom with limited capital and limited risk. But after 3rd attempt when my order didn’t get execute I left the trade because it was live market then and thousands of thoughts are running in a trader’s mind while taking a trade. While I was going through my watchlist today I saw it grew by almost 90% so I thought I must share this with you.
As always we would end this thread with a moral and that is to believe in our study and set up. Once if we have already researched and decided to take a trade then it’s our job to execute it no matter what.