QUOTE(guy3288 @ Nov 5 2013, 12:17 AM)
if you key in RM1000 buy and at that point in time only RM500 available, you wasted your chance, the teller tell you no unit available.
your buy "unsuccessful"
If you keyed in RM500 buy and you got it, sure you wanna buy more, thats' why you see the RM500 + 500 +....
Pro and cons for big amount attempt and small amount attempt.
Big amount attempt - less chance to get, for 2 reasons
1)not many people wanna sell what more big amount.
2)Bank teller usually lazy to help you bid repeatedly by reducing your bids again and again. If you start with RM2000, do you think she will try for you 5 x eg failed at RM2000, then try at RM1000, 500, 300, and 100?
the gd thing about it is if you strike, you get to buy a large sum then.
Small amount biddings eg RM100 has better success rate, is easier to get.But if you start at RM2000 bidding,
i doubt the teller actually tries for you at RM100 even though she tells you she had tried.
the bad thing about small amount bidding is even if there is a big amount sell on the other side eg RM20000 , how much can you grab with each attempt at RM100? at most you get to buy 3 or 4 times only, the units would have been all snapped up by then.
Thanks, guy3288, for the overview. You know the system well.
I take it then if 10 people sell RM500 each at 900 am (total RM5000), I will not be successful if I put in RM5000, or RM2000 or RM1000, right?
Also not successful at RM100?
If no to all the above, why? It is as if it is selling from seller A to buyer B (#1) , the amounts must match, and not seller A to ASNB and then ASNB to buyer B (#2).
If it is #2, then ASNB will accumulate the "sellings" and buyers can buy whatever ASNB has accumulated.
#2 can be good and bad. Good for big buyers like you who will sapu whatever ASNB has accumulated and bad for small ants like me with nothing left. Ha.
Cheerio.
Oct 28 2013, 05:32 PM
Quote
0.0271sec
0.56
7 queries
GZIP Disabled