posted
I have real time L2`s and I often see buys or sells go through at the top or bottom of the spread, the trick is to buy or sell INTO the spread. example: stock is offered on the bid at 10 and 15 on the ask, if you want it try placing a buy at 11 or 12 NOT at the 15 ask. with alot of these stocks a tick can be worth a hundred bucks! do not throw away your money! trade into the spread!. real time L2`s are ESSENTIAL when trading pinks. B/A can change fast! delayed quotes WILL cause you to LOSE MONEY! trade smart!!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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posted
Great point. I think it's funny how many people actually pay more than the ask. It won't matter what you try to tell people, there will still be those that pay way too much when they don't have to. Especially on the pennies. If they were a little more patient, they would wait for the dip that comes with just about every one every day.
Posts: 2132 | Registered: Sep 2004
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