SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : DAYTRADING Fundamentals
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: KM who wrote (517)6/12/1999 11:16:00 PM
From: Mark Davis  Read Replies (1) of 18137
 
The responses to your buy under the bid post are accurate. I'll add the following. If you watch Level 2 on some of these FAST stocks, you will see this all the time. There is a tremendous amount of volume in these stocks, and the paltry size available at any one level is meaningless.

Since so many daytraders with itchy, nervous, scared fingers are banging away at these, the slightest move in any direction can cause a stampede. It may only last 30 seconds, but if there is 5000 to go and only 200 at the inside, buy or sell, you can be sure there will be trading below or above the nominal inside market.

If you have the testosterone to play this game, and you have a good opinion to go with it, this can be a source of additional profit. Rough game though, and you'd better have a reliable broker.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News