An Investor's Take on Trading
Rather than stating about my thoughts, I decided to tell you my experience today. Long story short, the night before this fateful day, I read that MFS Tech was going XD (after a capital reduction) the next day and I was tempted to buy into the stock when the market opens the next morning. A short calculation shows that its value per share is about $0.005 per share. I was prepared to go in at $0.003 or $0.004 per share The next day, when the market opens, this stock when down to $0.005 then up to $0.010. Then the rollar-coaster started. At 0.028, I decided to enter into this rollar coaster ride. Here is what happened to my trades: You must be very confused about what was going through my head when I was keying in my Trades... Am I crazy? There were cancellations of buy and sell orders... what really happen? The main reason was I am unable to put in a price that I was able to justify. During the whole rollar-coastor ride, I was trying to jus...