Posted On: 03/13/2014 1:49:21 PM
Post# of 36729
Re: AmericanSavage #27976
"Trick #1: Giving Phony Sizes"
How Brokers Can Avoid A Market-Maker's Tricks
By Glenn Curtis on May 11, 2010
"Trick #1: Giving Phony Sizes
Nasdaq market makers routinely take positions in stocks, both long and short, and then turn them around for a profit, or a loss, later in the day. They provide liquidity, but they are also more focused on capitalizing on your lot of stock by buying it for their own trading account and then flipping it to another buyer. In any case, market makers will sometimes post phony sizes in order to lure you into buying or selling a stock. "
http://investorshangout.com/boards/message?id=1135591
About Glenn Curtis
"Glenn Curtis started his career as an equity analyst at Cantone Research, a New Jersey-based regional brokerage firm. He has since worked as an equity analyst and a financial writer at a number of print/web publications and brokerage firms including Registered Representative Magazine, Advanced Trading Magazine, Worldlyinvestor.com, RealMoney.com, TheStreet.com and Prudential Securities. Curtis has also held Series 6, 7, 24 and 63 securities licenses. As a freelance financial writer and analyst, Curtis has also been quoted in a variety of trade publications and venues including Investor's Business Daily, The Washington Times, Forbes and CNN."
How Brokers Can Avoid A Market-Maker's Tricks
By Glenn Curtis on May 11, 2010
"Trick #1: Giving Phony Sizes
Nasdaq market makers routinely take positions in stocks, both long and short, and then turn them around for a profit, or a loss, later in the day. They provide liquidity, but they are also more focused on capitalizing on your lot of stock by buying it for their own trading account and then flipping it to another buyer. In any case, market makers will sometimes post phony sizes in order to lure you into buying or selling a stock. "
http://investorshangout.com/boards/message?id=1135591
About Glenn Curtis
"Glenn Curtis started his career as an equity analyst at Cantone Research, a New Jersey-based regional brokerage firm. He has since worked as an equity analyst and a financial writer at a number of print/web publications and brokerage firms including Registered Representative Magazine, Advanced Trading Magazine, Worldlyinvestor.com, RealMoney.com, TheStreet.com and Prudential Securities. Curtis has also held Series 6, 7, 24 and 63 securities licenses. As a freelance financial writer and analyst, Curtis has also been quoted in a variety of trade publications and venues including Investor's Business Daily, The Washington Times, Forbes and CNN."
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