GoFuckYourself.com - Adult Webmaster Forum - View Single Post

MrMaxwell · 03-28-2013, 07:38 PM

From what I see watching LII there goes some prints at well below the ask if the bid is real and a big order

So say the stock is at .049/.051 with an average block of what 5k

Alright so then you'll see a print here and there for 50k, even 100k at maybe .041

Why couldn't it work to make decent size orders below the bid all of the time and turn around and put them back on the ask a little lower than the current low ask?

I can't daytrade yet but it seems like you could make a fortune doing that so long as you don't try to go overboard because of being in an illiquid stock or being too big of an order

03-28-2013, 07:38 PM
MrMaxwell Too lazy to set a custom title Industry Role: Join Date: Jul 2005 Posts: 10,057	Stock gurus.. would this work? From what I see watching LII there goes some prints at well below the ask if the bid is real and a big order So say the stock is at .049/.051 with an average block of what 5k Alright so then you'll see a print here and there for 50k, even 100k at maybe .041 Why couldn't it work to make decent size orders below the bid all of the time and turn around and put them back on the ask a little lower than the current low ask? I can't daytrade yet but it seems like you could make a fortune doing that so long as you don't try to go overboard because of being in an illiquid stock or being too big of an order