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Re: Market depth question?Market depth leaves me with many questions and causes me to scratch my head.For eg I see a sell for $3.00 and a buy for $2.85. Big gap. Why would you want to have a buy order so far from a sell order? You watch the stand off for ages then if a seller breaks and sell for $2.85 the prices heads south quickly triggering all sorts of stop losses, so the person who eventually bought for $2.85 makes an instant loss. Asked for it.Then the other side of the coin, if you want to sell and there is a gap of 15c why not even try to place a sell order in between instead of going to the highest bidder. Even try it for 5 minutes.Anyways back to scratching my head.
Re: Market depth question?
Market depth leaves me with many questions and causes me to scratch my head.
For eg I see a sell for $3.00 and a buy for $2.85. Big gap. Why would you want to have a buy order so far from a sell order? You watch the stand off for ages then if a seller breaks and sell for $2.85 the prices heads south quickly triggering all sorts of stop losses, so the person who eventually bought for $2.85 makes an instant loss. Asked for it.
Then the other side of the coin, if you want to sell and there is a gap of 15c why not even try to place a sell order in between instead of going to the highest bidder. Even try it for 5 minutes.
Anyways back to scratching my head.
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