Why do you use reverse?

[cavoir]

Hi.

Why lot of people use reverse in ladder or one click screen?
Why it better?

Thanck you.

[buyshirts]

people do that so that when they enter or exit a market the don't pay the spead.
Also to make a profitable trade they dont exactly need the market to move in their favour to make a profit, whereas if you take a price the market has to move in your favour

[shakespeare]

people do that so that when they enter or exit a market the don't pay the spead.
Also to make a profitable trade they dont exactly need the market to move in their favour to make a profit, whereas if you take a price the market has to move in your favour

I don't understand. If the spread is 3.1/3.2 and I put in a back order at 3.2 because I am doing reverse pricing, then the market still has to move for me to get the bet matched.

[buyshirts]

Yes but what i should of claified im mean inliquid markets like horses races or say football matched.
If the the market was say a premier league match and the fav was 2-2.02 then you could find larger amounts of money that have to trade through.
So if you were to back the 2 you would already be behind becuase you would need to trade out at 2.02 if you changed your mind about the trade.
Whereas if you reverse the book and work an order rather than taking a price you could exit for nothing.
A lot of it comes down to your style and what type of events you are trading on.