Pending orders and why they may be a better option

in #stockphotos3 years ago (edited)

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For people like me that would really like to make perfection a must pending orders my be better for entry levels and changing your mind on executions that I may rather not be to sure on. Yes there are possibilities that trades can take off to the moon without your order being filled in the long run it teaches me discipline as because now I have to wait even longer to be triggered in. Knowledge of the perfect risk can always be helpful. These are a few examples of the trade I took today on the M5 time frame. Volatility index 10 with deriv.

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When I opened the chart price was sky rocketing and I even had thoughts to rather sell but I realized I may just be rushing things.

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Update

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Unfortunately they took us out for a loss of+-$1

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