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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: shasta23 who wrote (6628)5/6/1998 2:56:00 AM
From: Paul Viapiano  Respond to of 7396
 
Stefan,

FWIW, I usually stay away from stocks with spreads greater than 1/2 point (depending on the price, of course).

But putting in orders at the bid to buy, or at the ask to sell is a good policy especially with the new rules. I find it usually doesn't take long for the order to go through. I do this on all stocks I buy unless it's something you need to do immediately (a fast mover up or down).

Paul



To: shasta23 who wrote (6628)5/6/1998 3:18:00 PM
From: LzzrdKing  Respond to of 7396
 
that's how i do it. I put bids/offers to become the inside bid/offer 1/16 below/above the best offer/bid.


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