InvestorsHub Logo
Followers 363
Posts 113902
Boards Moderated 5
Alias Born 12/28/2000

Re: laver post# 3184

Wednesday, 09/04/2013 10:06:05 AM

Wednesday, September 04, 2013 10:06:05 AM

Post# of 6266
If the mm is a seller at the ask, then you are the buyer at the ask.

If the mm is a buyer at the bid, you are the seller at the bid.

That is the rule of thumb, and if you want a definite fill, you buy at the ask and sell at the bid. But you can put in a buy at the bid price and sometimes it fills. Same as selling at the ask. It isn't guaranteed but it can happen.

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.