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Richard Pfeiffer

Bid/Ask Spread: Significance/Use as an indicator

By Richard Pfeiffer, in Day Trading Basics

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Richard Pfeiffer    0

Richard Pfeiffer
Posted

Newbie here, lots to learn, and realize this  is basic.  Not sure where to post this.

Please explain the significance and use of 'spread' as one of the indicators used in selecting a trade.   Also, higher volume on bids vs. higher volume on ask side: what does this tell me? A predictor of possible price/trend change or movement? Thanks much!!

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