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Re: BeenThere-BeenBurnt post# 49024

Tuesday, 11/25/2014 10:52:41 PM

Tuesday, November 25, 2014 10:52:41 PM

Post# of 111925
Not sure what last trades you see. But I normally don't answer these questions, but you strike me as a true newbie.

First google L2 (level 2) trading. Sorry if I'm short on this best you google it if you don't know what it means.

A form T trade is a buy or sell for what the avg. is generally for the trading day. It is done mainly for two reasons 1. out of country (time zone trading difficulty) or 2. you feel (or know) something may work in your favor, so it would be best not to affect the price up or down for whatever reason (I'm sure there are more reasons ;) Odd days of all days for 50% of all the buys are on a T trade on a day it goes down 20 % don't ya think?

For the record ......I collected on the bid in the 72 area and smacked the 80 for over 400k. I created my own support and smacked the ask for my own selfish reasons. And my core position is always averaged down. I have one losing position all year which is CWI! And that is minimum because of certain things I always do.

When the market rains don't grab a thimble grab a bucket.
buffet.

If you want to see all trade types use your tools on IHUB and look at trades. You can see the last 100 trades at all time. Sells are not always buys and buys are not always sells, but then again they are...educate yourself and keep asking these types of questions.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y