Any Day Traders in here???

Where do you plan on setting up an account? If its is going to be through a broker-dealer than you will have your stock absorbed by that back office before it hits the floor, which is what Doneo said. If your are looking for larger moves than who really cares where you trade from because they will have an inventory of that stock. Everything is spelled out on the "tape" which is a print of all the trades (NYSE) in stocks. If I call my smith barney broker and sell 200 shares of NL that may not hit the floor becasue smith barney has a large clearing firm, or who ever they use (sus,schw,mer,scot,otc). If the specialist doesn't effect the stock why does the electronic market trade more fluidly, also I never said e could move the stock, but he can manipulate it with the inventory he has in front of him.
 

Latest posts

Support Us

Become A Supporting Member Today!

Click Here For Details

Back
Top