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 : A Simple List of General Do's & Dont's of Trading:

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: posthumousone who wrote (491)1/23/1998 10:40:00 AM
From: Arthur Tang  Read Replies (1) of 769
 
This is very simple; if you understand the Nasdaq market rather than the auction market of NYSE or AMEX. You have many traders in the Nasdaq market. The customer who buys and sells. The broker who handles the trade; but who might buy and sells to his customer from his own account. The trading desk in a full service brokerage or clearing house buys or sells to the customer directly, or first to the broker then to the customer. The listed market makers with the Nasdaq exchange buys or sells to the trading desk. Each one of these people has a bid and ask price depending on whether they are the buyer(ask price) or seller(bid price). Bid is a transaction price when some one sells, ask is buy. Volume is ballooned when more than one person trades to get the customer his shares.

Any other explaination requires the knowledge of who and how many traders you are dealing with.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext