Hello there
I'm fairly new to the world of trading - although I have been paper trading for about a year now and have recently bought some shares which I'm pleased about.
Whilst I'm still evolving my strategies for stock picking etc... I have a few questions that I haven't been able to find answers for and was hoping you could help me out.
- Market Makers - what exactly are these? Are they people, computers - do they own shares, where do they work?
- Share prices - Who or what controls the price of a share? When a share goes up or down, did someone type in a number on a computer to make it change?
- Ask-Bid spread. Why is there a difference in price between buying and selling a share at one point in time. It's not like a car losing value after multiple owners or mileage.
- I read that some of you trade with US stocks. How do you do your research on the companies. I thought it was a good thing trading with UK stocks as you are familiar with the products, shops, public opinion etc...
Hope you can help
Thanks
Simon
I'm fairly new to the world of trading - although I have been paper trading for about a year now and have recently bought some shares which I'm pleased about.
Whilst I'm still evolving my strategies for stock picking etc... I have a few questions that I haven't been able to find answers for and was hoping you could help me out.
- Market Makers - what exactly are these? Are they people, computers - do they own shares, where do they work?
- Share prices - Who or what controls the price of a share? When a share goes up or down, did someone type in a number on a computer to make it change?
- Ask-Bid spread. Why is there a difference in price between buying and selling a share at one point in time. It's not like a car losing value after multiple owners or mileage.
- I read that some of you trade with US stocks. How do you do your research on the companies. I thought it was a good thing trading with UK stocks as you are familiar with the products, shops, public opinion etc...
Hope you can help
Thanks
Simon