I know this is a bit late, but I have to side with the folks that say buy on the ask.
I agree with W.W. Dwyer, on his points. I would add the following.
When you buy at ask, you are saying to the market, I think it is going up. You are creating the situation where the buyer is more agressive than the seller.
When you buy at the bid, the seller is still more aggressive than the buyer, telling the market, this stock has not stopped pulling back.
You can try to buy on bid when the stock is going up, but chances of a fill are reduced significantly.
An ARCA order of 1000 shares can turn the stock, if the trade has been timed correctly,, ie strong stock, a sufficient pull back,, and a pause in the selling.
It is ideal to use exactly the reverse method when going short. Taking out the bid says seller is agressive.
If you are getting shaken out of a trade too often, I would guess that you probably need to evaluate your timing and your overall evaluation of the market.
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