This post is so accurate!
It's a trading rule for me. When you want in, buy the ask and get in not passed by. When you want out, sell the bid, and get out not passed by.
Actually in a fast moving play; I usually place my buy order above ask, to become first in the trade queue. And sell order below the bid. I don't need every penny I can get, to feel like a winner. Any gain is a winner.
And when I make a decision, executing it quick becomes a trade priority to me. 1st in, first out. I act on my decisions. Waiting for cheaper or more is not part of my trading style. I'm a TA & charting trader. And step in and out of all plays I'm involved with. Expected the flag. Have the flag. Want the flag to end and continue it's next step up. So I posted how to stop the retrace.
Right now the retrace is between 38 & 50% FIBs retrace levels. A good place for a bounce tomorrow. Hoping