Post by fastwalker on Aug 30, 2004 16:51:31 GMT -5
;D Okay...someone earlier asked for information on the BID / ASK..IQ a memebr of the borad has provided this explanation..while it was part of another thread...the gist of what he said is all we need here..Thanks IQ....
Example:......
Ask – 0.0004 (price MM’s are willing to accept when selling to us.) Thus we can buy at 0.0004
Bid - 0.0002 (best price we are are willing to pay/buy at from the MM’s)
The price that buyers are willing to pay (Bid) and the price that sellers are willing to accept (Ask).
This thread will ..or can be used for any other explanations..all board members are invited to contribute...lets make AZ's life eaiser by putting our posts in...where they can remain for all to see..."Just a thought guys...don't shoot the messenger."
Example:......
Ask – 0.0004 (price MM’s are willing to accept when selling to us.) Thus we can buy at 0.0004
Bid - 0.0002 (best price we are are willing to pay/buy at from the MM’s)
The price that buyers are willing to pay (Bid) and the price that sellers are willing to accept (Ask).
This thread will ..or can be used for any other explanations..all board members are invited to contribute...lets make AZ's life eaiser by putting our posts in...where they can remain for all to see..."Just a thought guys...don't shoot the messenger."
