Hi, Just wondering does "reversing the book" when trading offer you an advantage and why?
Thanks,
Aengus
Reverse book
The essense to reversing a book is that you are asking for a price than taking it. If you ask for a price you put yourself in a much better position to scratch if you are doing a shorter term trade. If you are looking for a trend you probably don't want to ask for a price or you may miss it so in this situation you may be better not reversing the book.