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Saturday, October 1, 2011

Name your price or else...

Our latest poll brought up the subject of trading etiquette.  Many times traders will say they have something available and refuse to tell you what they want for it.  Sometimes it means they have no idea what its worth.  Sometimes they are playing a game where the person to name the price is either the fool because he/she offered too much OR more likely rejected/ignored because the offer isn't what the seller has in mind.  Our traders think "its annoying" more than "smart trading"...

When someone is selling something and they tell you to "Offer" for it.

Annoying, they should just ask for what they want.
  262 (54%)
Good trading, whoever says a price first is at a disadvantage.
  179 (36%)
It doesn't matter to me
  44 (9%)

Votes so far: 485
Poll closed