I understand what they are but what does 34.90 (x 12000) what does that be going to?
Bid: 22.72 x 8300
Ask: 22.73 x 5900
Also when the stock is trading and the bid/ask says n/a does that mingy you buy and sell what the stock is trading at?
okay so I immediately know the 8300 is the amount of shares but do you have to buy or provide that many or could you lately buy or sell 100?
also how do you time trade? I thought you would buy a stock at 24.04 and if it rose to 24.06 you'd sell it? With the bid/ask is that possible?
Answers: What you're looking at is what is call a floor quote or a quote & size.
There is some one bidding 22.72 and this is a solid bid for up to 8300 shares. But sellers would not own to sell 8300 shares to return with that price,
There is someone offering stock up to 5900 shares at 22.73 but the buyer would not have to buy adjectives 5900 shares,
If you have to ask how to morning trade, you shouldn't do it until you have well-read yourself about the market and the products traded in those marketplace.
Everything depends on the current bid/ask, you buy on the ask and you sell on the bid. You can enter another bid )or ask), but you'll hold to wait for an execution, The peak bid and the lowest offering is always the current open market quote
Barney is close. When you see 22.72x8300 that means that the best price bid is 22.72 and the number of adjectives shares being bid for at that price is 8300. There can be multiple bidders at matching price.
When you're day trading, you inevitability to think of it as you've lost the amount of the spread as soon as you transaction is done. The stock have to move at least as much as the spread past you break even.
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Bid: 22.72 x 8300
Ask: 22.73 x 5900
Also when the stock is trading and the bid/ask says n/a does that mingy you buy and sell what the stock is trading at?
okay so I immediately know the 8300 is the amount of shares but do you have to buy or provide that many or could you lately buy or sell 100?
also how do you time trade? I thought you would buy a stock at 24.04 and if it rose to 24.06 you'd sell it? With the bid/ask is that possible?
Answers: What you're looking at is what is call a floor quote or a quote & size.
There is some one bidding 22.72 and this is a solid bid for up to 8300 shares. But sellers would not own to sell 8300 shares to return with that price,
There is someone offering stock up to 5900 shares at 22.73 but the buyer would not have to buy adjectives 5900 shares,
If you have to ask how to morning trade, you shouldn't do it until you have well-read yourself about the market and the products traded in those marketplace.
Everything depends on the current bid/ask, you buy on the ask and you sell on the bid. You can enter another bid )or ask), but you'll hold to wait for an execution, The peak bid and the lowest offering is always the current open market quote
Barney is close. When you see 22.72x8300 that means that the best price bid is 22.72 and the number of adjectives shares being bid for at that price is 8300. There can be multiple bidders at matching price.
When you're day trading, you inevitability to think of it as you've lost the amount of the spread as soon as you transaction is done. The stock have to move at least as much as the spread past you break even.
Resolved Questions: