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Financestudent
Financestudent May 02, 17 9:55 PM

Thanks for the info, but what does it mean hit the ask and hit the bid mean? and what does stacking mean? is it when for an example if there is a lot of byers on the bid, the bid stacks up (the green color wich shows the highest price gets bigger) or do you see "stacking effect" on the time & sales section?

MetalHat
1
MetalHat May 02, 17 9:59 PM

"Hitting" is simply where the order is placed. If you want to buy right now and not try to do so on the bid, you "hit" the ask buy paying the price on the ask. If you want to sell right now and not wait for a buyer to "hit" the ask, you sell at the price on the bid, "hitting" it. "Stacking" is when the shares are piling up at a given price on either side. It's usually indicative of which side is stronger at the moment but can change VERY rapidly with just one or a few sales and the tide turns.

Financestudent
Financestudent May 03, 17 2:31 PM

Thanks for the support i realy appreciate it

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