Hello everyone and thank you in advance for any help you can give. I hear many sayings thrown around forums and trading floors/websites but don't understand them. Can you explain what these mean:
1) trader working an order says "I'm gonna walk them up"
2) this stock just went bid
3) additionally how do you tell by looking at the screen that a stock is bid or offered?
If a stock is 10.50 bid and 10.52 offered and I'm buying with a 10.48 limit is it correct that I'd place say 500 shares on the offer at my limit of 10.48 and wait to be lifted ?
Apologies for any poor wording or obvious mistakes I've made