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TOPIC: Buying and Selling on the Ask

Buying and Selling on the Ask 4 years 7 months ago #10779

  • Coxpeter
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Thanks. What courses do you offer online?
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Buying and Selling on the Ask 8 years 7 months ago #2

  • rysky007
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Trading on the Ask:

How many times have you purchased a stock and it fell on you? how many times have you seen a stock turn red and you lost money?

This happens when traders sell via market orders and sell on the bid causing the stock to pull back.

Yes its an easy way to sell a stock but not efficient. If every penny trader purchase and sold on the ask 87% of all pennies every day would go higher and stay green longer.

If you cannot sell your stock on the ask then it was a bad trade to begin with. As soon as you purchase a stock you should know what price you will sell at, set that price and make sure its still in the run up so you get filled as the volume is still bullish.

Why this works:

Trading is not a single man sport, its a relay, each trader passes the profits from one
to the next, if ever one does that, more traders will
make money vs loose it.

Come to our classes and well teach you how.
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