Reverse book

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aengusz
Posts: 5
Joined: Wed Feb 24, 2010 9:18 pm

Hi, Just wondering does "reversing the book" when trading offer you an advantage and why?
Thanks,

Aengus
grigsy12
Posts: 27
Joined: Thu Jan 28, 2010 10:12 pm

Purely a cosmetic thing that comes down to personal preference. I like it on the ladder screen, as I think it better reflects what you are doing, but I find reversal confusing on the one-click screen.
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Bet Angel
Posts: 4031
Joined: Tue Apr 14, 2009 3:47 pm

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.
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