To take prices or to offer them?

The sport of kings.
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Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

What are people's thoughts on whether you take the price that's available (ensuring that you're matched) vs offering a price to the market (beating the spread)?

Jeff
andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

IMO it entirely depends upon the circumstances and the specific trade, sometimes I am happy to offer others I am happy to take a price. Which I do and why is not something that can be written down as it takes account of so many different things and those different things are different every trade. I guess it just comes down to experience to know what to use and when and you won't get it right all the time.
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