$DKNG

Quick rundown on order types, critical for managing execution risk. A market order is instant but price uncertain; you're taking whatever is offered, good for urgent entries/exits but can suffer slippage, especially on illiquid assets or during high volatility. For instance, if you just wanted to exit $DKNG, you'd hit market and take 22.67 or whatever is next. A limit order ensures price certainty but not execution; you set your max buy or min sell price. If you want $USDTHB at exactly 33.745, you place a limit order there and wait. It's safer for managing adverse price movements and reducing execution costs, but your order might not fill if the market doesn't reach your specified price. Always consider your priority: speed or price.

$DKNG is moving hard: -4.28% on the day, now at 22.83.

Day range: 22.32 – 23.81.

What's driving it? Are you positioned? Drop your read below. 👇

Been looking at a few names recently, mostly some mid-caps like $RBLX and $DKNG, that I got into with what I thought was good conviction on a breakout. Problem is, they just haven't moved. Not down enough to hit my stop, but certainly not up either. They've just been range-bound for weeks, effectively tying up capital that could be used elsewhere. I'm hesitant to cut them at a small loss, or even break-even, because I still believe in the setup long-term, but the opportunity cost is starting to weigh on me. At what point do you guys decide to just pull the plug on a position that's not performing, even if it hasn't technically hit your defined stop-loss?