Discussions specific to trading the stock market.
2 posts • Page 1 of 1
IMO I think it is more a function of the liquidity of the stock and the type of order placed. A larger, market order in a semi liquid stock on the NASDAQ in the hands of wholesaler is a recipe for pain. That same order with a limit, however, must typically be displayed publicly eliminating the any profit potential by the market maker. I think, therefore, that is it better to be familiar with the stock than the exchange.