That is true as OmegaStarScream has already posted about it, but you should know that the transaction would be replaced with a new one with a higher fee and the coin would be sent to an address that belong to you, it also a replace-by-fee transaction just like to pump a transaction with a higher fee.
To be able to do that, you can use wallet like Electrum.
For my general development. What else do wallets exist that have an cancellation option?
I apologise for the off-topic question.