GME Trade on Mar 23, 2022 09:31 from rectanglealchemists: Tradervue User Stock Trades.

Error of clicking too close to the last sale price. The spread ($1.00) was bigger than the distance between my entry and my stop calculation price ($0.21), so I was stopped out immediately.

The time and sales was barely turning, so I should never have placed this 1-minute ORB in the first place. The way to combat this is to scroll through several of the stocks in the watchlist in the first minute to see which one has the fastest time and sales.

It would have been preferable to find a 60 minute range premarket to watch for a break, but I didn't identify one. That should be my main concern, as well as not entering slow T&S for an ORB. Obviously clicking close is problematic, but if I stick to lower price stocks with high volume, the spread won't inadvertently punish me. This is something I need to watch out for.

Since I am in the reentry of trading, I need to stick to stocks with clear ranges. Therefore the premarket search is essential. I need to make filters that somehow identify gap ups and downs that are consolidating. Now that I think of it, a gappers scanner works fine.