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Strategies & Market Trends : From the Trading Desk

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To: snoman who wrote (2903)	4/21/1998 7:56:00 PM
From: steve goldman	Read Replies (1) of 4969

RE: "Also, I notice when I enter an order to trade (I use Ameritrade BTW), a bid price and an ask price are shown. I have two options when placing an order: market or limit. The market costs a little less, but I don't know for sure what price I am going to get. It seems with market orders I always pay just above the ask price and receive just below the bid price when buying and selling." Ah, but the trades only cost $9. Sorry, a little sarcastic humor. Go upto www.yamner.com go to Yamner univ and look through the Yamner Library for documents on various exchanges, how market prices are determined etc. Regards, Steve@yamner.com yamner.com

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