chapter 5
What happens once you have decided to trade?
There is tide in the affairs of men which, taken at the flood, leads on to fortune; omitted, all the voyage of life is bound in shallows and in miseries.
J. Caesar, W. Shakespeare
You have now reached the exciting stage: after setting up an account with a broker and figuring out which shares you want to buy, you can now actually go into the market place to obtain them.
When you’ve contacted your broker they will give you not one price, but two. The first is the price at which you can sell the shares, the other is the price at which you can buy. To understand what is going on we need to step back and learn about the mechanisms at play in the stock market and how the broker interacts ...
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