Of course you can , put in a buy limit order that sits on the book of the exchange
If you are the first in the row and get hit, you just bought the bid
Quote from fluttrader: Of course you can , put in a buy limit order that sits on the book of the exchange
If you are the first in the row and get hit, you just bought the bid
If you put in a buy limit at 1300.25 and the market comes down to 1300.25/1300.50 and someone sells when you are the first in the row , you have bought at the bid without the need of the ask coming down to 1300.25
On 98%+of my trades I'm leaning on something. It could be all the liquidity below a certain price, it could be all the liquidity at a certain price, it could be a program that comes and goes, but whatever iti s there is some order, program, or level I'm leaning on. In my eyes, that defines my trading style (scalping).