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fk4cyl

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fk4cyl

Re: None

Wednesday, 01/30/2008 11:08:43 AM

Wednesday, January 30, 2008 11:08:43 AM

Post# of 17503
Mirror trades question. I added to my position with a buy for 108,000 at .0032 at 10:32:00 this morning. L2 shows simultaneous trade at .0028. I've heard mention of mirror trades before, but what do they actually mean? I buy from an MM at one price and he buys from someone else at lower price simultaneously?...Huh? Where do the shares come from? What is the logic here? Is this an attempt to move price in one direction? Thanks in advance.

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