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Last post 03-27-2008, 3:07 PM by Uncle Billy. 1 replies.
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  •  03-27-2008, 1:31 PM 25826

    I thought it was first come first serve on buy/sell orders

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    Im new to all this im having a hard time understanding this
    I put in a order to sell at .0018 and then notice that the bid is .0017 so i change my ask to that and boom i sell  only however many they had in to buy at .0017 and since i had more  then they wanted the ask now goes to .0017 and whatever the next person inline had their bid for...
    unless someone comes along and changes their bid  or a market order I don't get any more sells
    but then  someone else put there ask to .0017 and      they get put in front of me next time a sell comes along  how is this I thought i was in first of the line
    I noticed  3 times today someone else got in front of me   when i had my ask their first

  •  03-27-2008, 3:07 PM 25832 in reply to 25826

    Re: I thought it was first come first serve on buy/sell orders

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    I imagine we are talking about some sub-penny scam stock on the Pinks here.  Your assumption that there is a line is incorrect.  While there may be a line for the MM where your order is sitting, there is no reason why someone else can't trade the same price you are bidding or offering.  This is a dealer market.  The rules are a lot friendlier to paper than they used to be, but you must bear in mind that your purpose in this grand scheme is to supply promoters and market makers with income.
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