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Major Profits

02/07/19 11:23 PM

#147520 RE: sidedraft #147512

Geeezzzzz, I originally only wanted CLARIFICATION of something. lol

OK, I'm game.

1) Well, of course, someone can sell those .0004 shares. But how quickly would depend on who wanted to bite at that offer. (But, of course, an offer to buy @.0005 would sell quickly.)

2) I'd say it'd show up as a "BUY" because the shares purchased were at a cost higher than the BID.

But do correct me if I'm wrong as I might be.



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integral

02/08/19 5:30 AM

#147527 RE: sidedraft #147512

You know, when I was trading, one random client account got a favorable trade execution. Everything was just numbers and letters to me including account numbers, I never knew any of the retail clients, never met them, never talked to them, so it was truly random. I just picked one, lol don't tell my former COO as she would chew me out.

I traded during fraction days, but if MSFT was quoting 28 1/4 x 28 7/16 and if I could get the stock at a 1/4, I would give it to the client at 1/4 not 7/16.

I guess with today's Buy/Sell tool, the buy would show up as a sell. I did quite a few trades between we traders in the middle, how does that show up on this new tool as daily we held positions over night and usually flattened out the next day or at least by Friday since the trade is between two member firms?

What about the trades that did not compare, such as the above mentioned trade, what if I bot 100 shares and the seller sold 1,000 shares, one of us is either selling 900 shares or buying 900 shares, how does that show up, especially in a moving market?

That is why that tool is totally useless.
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Buckey

02/08/19 8:47 AM

#147535 RE: sidedraft #147512

Here are my thoughts on sells vs. buys. There is a buyer and a seller on every transaction. Some wants in and someone wants out regardless of whether it is a long or short transaction. Buys=Sells every day. I hear people try and validate a down day by saying most were buys. I say NAY NAY. It its going up people are buying more than selling and if its going down the obvious opposite. Maybe I am just too simple