Posted On: 06/17/2014 4:37:20 PM
Post# of 96900
Unfortunately I think the MM's are trading questionably
MM's make their money based on the spread of the price of the stock and where they sell at.
Many people have claimed that there buy orders were skipped over!
If you have noticed some days the MM's will Tap a price for about 1000 shares and then sell shares at 10% lower.
This is the best job in the world if you can get it...
They simply just keep the 10% so if they sell a million shares, they are selling someone else's shares, so they have no risk, and just pocket the difference.
Ive seen some days with swings of 20%. That is a lot of MONEY when you are not risking anything and can just keep doing it day in and day out!
MM's make their money based on the spread of the price of the stock and where they sell at.
Many people have claimed that there buy orders were skipped over!
If you have noticed some days the MM's will Tap a price for about 1000 shares and then sell shares at 10% lower.
This is the best job in the world if you can get it...
They simply just keep the 10% so if they sell a million shares, they are selling someone else's shares, so they have no risk, and just pocket the difference.
Ive seen some days with swings of 20%. That is a lot of MONEY when you are not risking anything and can just keep doing it day in and day out!
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