| Followers | 34 |
| Posts | 5999 |
| Boards Moderated | 0 |
| Alias Born | 03/07/2006 |
Tuesday, September 01, 2020 11:52:51 AM
I think the price that one gets is up to the MMs. The brokers don't have much say. I had a bid in last week for a few days and each day shares were sold under my bid. I called eTrade and they said it's up to the MM and all they can do is to try to route it through another MM. It was a small order so I just increased my bid price.
In the past I found that bidding high gets shares quickly, and I still was able to get a good price. The orders below were all placed at $1 and filled at a much lower price, the same price others were getting. A grid from eTrade.
Right now bid sitting might be a better strategy, at that time high bids worked for me.
If you do this use small bids.
In the past I found that bidding high gets shares quickly, and I still was able to get a good price. The orders below were all placed at $1 and filled at a much lower price, the same price others were getting. A grid from eTrade.
Right now bid sitting might be a better strategy, at that time high bids worked for me.
If you do this use small bids.
JMO - Do your own DD.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
