I played around with the order this morning to see how I could affect the selling prices. It was interesting to see my order amongst the rest and what happened as I changed mine at certain times (this is through my trading software supplied by my broker).
A little morning fun.
I couldn't do this with a stock that is traded on very high volume as my piddly order would mean nothing in the general fray. Other than a little fun it shows me how it is very possible for a larger volume trader to influence the prices during the day.
For me the few cents that the stock moved meant little as I was trading 100 shares so a $0.01 per share move = $1. For someone with a few thousand shares (say 6000) the same $0.01 move could equal $60.
JD.
Questrade, My direct access discount broker.
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