Welcome To The Spider Resources HUB On AGORACOM

First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

Free
Message: Why a R/S is not always right answer

not really.

You have to look at the depth of the bid/offer. If you are buying you're definitely not paying $0.20 a share when you can buy it for $0.08. If you are selling at $0.20 there will always by somebody else who offers $0.19...$0.18...$0.17 and so on until it attracts a buyer.

What you may not know is there are market makers and electronic trading systems that will always keep the spread as narrow as possible. If 2 million shares traded today and I can buy let's just say 50,000 shares for argument sake at $0.085 and sell for $0.09, that's a $250 profit less commission (if any) . Now do that for 100 days and it's $25,000 per annum, now do that for 100 stocks and it's $2.5 million. There are thousands of stocks out there that trade millions of shares daily. This is what the stock market has become. Just take the Nasdaq & DJIA last thursday as a classic example.

Unless you have the time and the resources to day trade like the above example, the only way to make good money is the classic buy and hold and pray for Gold.

Search for on Yahoo Finance -

Secretive speed traders in spotlight after crash

Share
New Message
Please login to post a reply