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In stocks market, how can I Exploit the bid ask spread ? Basically what kind of information these 2 give you?

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and how they effect the price ? Is that true that for a market order, the price you pay is greater than the ask price you see now ? By the way how fast are those data updated on yahoo finance ?
As you see this question is mixed of several questions; you are welcome to answer a part or the entire thing. And thanks for taking time in advance.

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Comment by bob shark
2009-06-01 18:35:23

I don't see how you can exploit bid/ask spread.
only the sell price matters and there is no way of telling what that is until it happens. also bid/ask is usually close together, and you pay a commission on buying and on selling, so there is no room for profit here

I would think yahoo data is delayed, you have to subscribe to pay services to get real time info,
Without real time info, and day trading is doomed to fail

Market order, you pay whatever price is asked for when the order is executed…you don't control your cost by naming a price

 
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