Tuesday, January 17, 2012

Understanding Relative Strength -Sean Seshadri

Novice traders usually will buy at retail, but professionals know how to shave the spread as this can make the difference between winning and losing especially when one is trying to scalp on a trade. Paying up for a trade also will be done if one initiates a trade on a market order. Normally a trader would like to enter a trade on a limit order which states that you only want to pay this price or better. With this type of order a trader will know that they will at least not be paying extra when getting into a position.

Sean Seshadri

No comments:

Post a Comment