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 Investors Club V10, Previously known as Traders Kopitiam

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247365
post Jan 23 2020, 11:22 AM

Getting Started
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Junior Member
76 posts

Joined: Jul 2019
hi, planning to invest in stocks. can I know what's is best buy and best sell? can't understand what I found online.
247365
post Jan 23 2020, 11:32 PM

Getting Started
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Junior Member
76 posts

Joined: Jul 2019
QUOTE(Cubalagi @ Jan 23 2020, 03:20 PM)
Best buy is the highest price level that someone puts in to buy the stock, that hasn't been matched.

Best sell is the lowest price someone puts in to sell the stock, that hasn't been matched.

So, if you want buy the stock, you can put the order at the best sell and it will get matched. Trade done.

Or, you can put buy order at lower price. Here, no trade is done yet, you wait for someone to hit you/sell to you. N If your buy order is the highest price, then it will become the best buy price. N you wait.
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thanks bro for the simple and easy to understand explanation.

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