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Re: AJH92 post# 70773

Friday, 03/26/2021 10:26:01 AM

Friday, March 26, 2021 10:26:01 AM

Post# of 95937
Of course there's a thing as "Buy vs Sells"!!

There is no such thing as Buys vs Sells - for every sell offered on the ask or made by whacking the bid, someone is buying it.


And that is why they are shown on the "Trades" link and are never the same numbers. Yes, for every SELL there is a BUY but they aren't shown as the same because a trade is either done at the BID price or at the ASK price. And, imo, they are important to watch.

https://www.thebalance.com/day-trading-based-on-buying-volume-and-selling-volume-1031209

Pay attention to days that have higher-than-usual volume. Such days usually have volatility and large price moves either up or down. If most of the volume takes place at the bid price, then the price will move lower and the increased volume shows that sellers are motivated to get rid of the stock.

If most of the volume has taken place at the ask price, then the stock price will move higher (due to demand and price availability). The increased volume shows buyers believe the stock is moving, and want to purchase the stock.


Thus "SELLS" are trades at the BID ("Bid Whacks" / "Bearish") and "BUYS" are trades at the ASK ("Ask Slaps" / "Bullish"). And that is how they are different.

glty

P.S. Oh, and NOBODY shorts a SUB-PENNY ticker! Blame something else. wink

$SKDI


My posts are just my OPINION(S) and MUSINGS at the time of posting them and are subject to change.

Remember, you don't profit until you sell!