Trading The Price

[Rams]

Which price: ruling price, open, close, high, low, bid, offer or all of the above

[SimonPB]

ruling surely .. coz that's the truest price being the last price ..

[richardw]

Dude, too analytical. Just click the buttons when you see a price and profit will come.

[richardw]

Permission to disagree, sir.

The last price could have been paid a week ago. The only price you can depend on is whatever the bid or offer is, and even that could disappear in a millisecond. Still, it's better than ruling.

[Terra]

or loss

[richardw]

Yes, I was kidding.

[Terra]

Friday afternoon joke?

[Rams]

prebooked joke?

[#9]

Why would you trade anything if the price has not moved in a week?

[Terra]

I have to agree, current Bid and Offer prices makes more sense..

[richardw]

Wide spread. I once made 10% off the spread.

[SimonPB]

if the last tarde was a week ago, walk away .. this is a way illiquid stock and franly not tardable ..

[Rams]

But is that not just a trading technique where you trading the spread. I think all of the above which is in the last candle or last price bar are used before entering the trade and the ruling price or market price is the final agreed price among all the bulls and all the bears currently in the market

[Mar-11]

have to agree with simon...its abviously the ruling price....ie the price at which a trade actually took place....bids & offers are merely a form of noise....(i have see a number of times were a bid for 100 + contracts 15 points below current price vanish on ALsi...moments before the price,uhm "ruling price" gets there)....just cause there is a big bid or offer doesnt mean there is actually a buyer or seller.....as no trade tacken place,....its further my conclusion that some market participants never had intention to buy or sell when placing there bids/offers but rather to induce smaller players to bid above his huge order(thinking its possible support) just for him(the origanal big bidder)just to sell into the new smaller bidder.....