Replies to post #357 on Money 101 (Money)

[DownWithPumpers]

That makes sense especially with a stock that has plenty of volume??? Being patience and waiting for the ask?

I'm I grasping or missing the point?

Most times that I've placed a limit and sat patient for the day and it fills.

Is this kind of the point your are making inpart?

Exactly, that's true for lots of reasons. When you buy a stock at too high of a price, it invariably affects you emotionally if it starts to drop. It's best to find a stock where both the technicals and the fundamentals align. I try (emphasize try) to pick the right stock at the right time. It's also a good idea to gradually build a position over weeks (or months).