ETF Spreads Widen Substantially from a Year Ago [View article]
I usually split the spread. If I'm selling and the ETF is rising I place my ask under the current ask a little and let it perk for a few minutes.
Then, I choose to either re-ask a little lower to close or leave my ask where it is and check in a few hours. I never sell at the bid. Visa Versa when I'm buying.
This is not rocket science, Mathew.
Why are you advising people to accept the current bid/ask spread as if it were the LAW? You should be sharing (w/ a little more depth) how you go about bidding and asking within the spread, No?
ETF Spreads Widen Substantially from a Year Ago [View article]
Then, I choose to either re-ask a little lower to close or leave my ask where it is and check in a few hours. I never sell at the bid. Visa Versa when I'm buying.
This is not rocket science, Mathew.
Why are you advising people to accept the current bid/ask spread as if it were the LAW? You should be sharing (w/ a little more depth) how you go about bidding and asking within the spread, No?