Great video. I'm really liking the detailed explanations. One thing I didn't quite get was how you manage your sell orders on these otc's. I noticed at one point the bid was like .0129 and the ask was .013, but you slapped your sell price in at .0112. Is that similar to selling at the bid?

@AAlmujahid I account for slippage. I typically set my sell orders lower then the bid because I just want out. With OTCs I’m really focused on that because it is so hard to get out sometimes. Also I set lower because I want to give the stock maximum opportunity to hold and if it can’t I’m still able to get out decent without panicking and having to re-enter my order and causing more damages in losses.

Got it. Makes sense.

Thank you!

thank you for all your videos they are very helpful and detailed. also im not sure if you know this but you can open a window under tools called accounts and it will show you your position size, so you dont have to keep switching windows and looking at your phone for how many more shares you have left.

@Coopaloop can’t thank you enough. Now I don’t have to keep logging in and out! Teamwork makes the dream work!

thank you!

Very enlightening video on panic dipbuys and their complexity. Thank you Ellis