Buy and Sell terms - may be helpful.
Posted by: learner1156 Date: Friday, October 30, 2009 3:52:19 PM
In reply to: jfburk who wrote msg# 71664 Post # of 71671
Sell and Buy are probably the worst terms that could have been coined for categorizing trades. It would have been better if people said "trades at the bid" vs "trades at the ask". Call them "bid trades" and "ask trades" maybe LOL. Then it would be obvious what is happening, and that "bid trades" and "ask trades" would not have to be equal.
But yes, buys and sells in the NORMAL connotation of the words ALWAYS have to be equal. It is just in the fantasy world of whoever coined the Sell and Buy "abbreviations" meaning something totally different that they usually do, didn't help things at all.
