Posts made in March, 2021

How to Reduce AC Costs and Save Energy Bills?

»Posted by on Mar 12, 2021 in Hvac | 0 comments

Have you observed that your air conditioning costs start to increase right after the summer arrives? During this hot season, your air conditioning unit needs to work double-time just to regulate and cool down your home, which can result in costly energy bills. Because of that, we have made a list of helpful tips and tricks about how you can reduce and save bills on AC consumption during the summer season.  

Yearly HVAC Inspection 

It’s vital to set a yearly HVAC inspection and AC unit assessment with your trusted local HVAC technicians. These experts can make sure that your AC unit works well, replace the AC filters, eliminate dirt in hard-to-reach areas, and do some needed repairs if needed.  

Close Shades, Blinds, and Curtains 

Closing your blinds, shades, and curtains can be an easy solution to cool down your house. During the hot summer season, the sunlight starts to beat down on your windows, increasing the heat amount within your home. Meaning, your AC unit will be pushed to work harder to make sure that your home is cooled down, increasing your energy consumptions. For that, it would be best to close the mall of your shades, blinds, and curtains during summer, hot days to enhance the efficiency of your unit and prevent excess heat.  

Utilize fans for air circulation 

You can effectively spread coolness all over your home and cut energy costs at the same time by using fans. Fans can help efficiently disperse cool air, which indicates that your AC unit doesn’t need to work double-time just to make your home cool. You can even increase the temperature by some degrees and you will not even detect a difference once you switch on your fans. But if you’re not using your fans, always keep in mind to switch them off. Otherwise, you can be in danger of wasting electricity.   

Regularly clean air conditioner filters 

Pollutants and dust can easily accumulate over time when your air conditioning units aren’t maintained well. If you have clogged filters, your AC units tend to utilize more power to compensate for the temperature you want, resulting in increased costs and wasted energy. For that, cleaning your AC filters every week is a must to prevent the accumulation of dust and boost efficiency.  

Invest in a programmable thermostat 

Programmable thermostats are one of the things that you should invest for your house since it helps you reduce your AC costs and save energy. Such devices are set to lower the temperature automatically as you sleep, which is a good way to minimize your energy consumption. Because your house has been cooled throughout the night without the extra heat that comes from the sun, the temperature will frequently remain cool even during the morning. Most of the time, turning on your AC unit until the afternoon won’t be necessary. Ultimately, this indicates that by cooling your home overnight, you’re saving energy and money at the same time. 

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Spring Time Care for Your Sensitive Trees

»Posted by on Mar 5, 2021 in Tree Trimming Service | 0 comments

Spring could be a nice season to do a lot of things and house renovation projects. But we should not forget as well that most of the time, we can  do it. The perfect time to do and to set your schedule is to know the basic things about caring for your trees around the house or in your garden. This will give you the best result that you never had in your entire life. You can learn as well some different ways to take care of them and the methods that you can use and innovate as time passes by.  

You can make a list of the things that you want to do. It is nice as well that you would create your ways to improve yourself. This is the time that you should give yourself to your plants. They love to grow and they love to help you as well during the summer season. When you are not so sure about what you really need to do, then you can always seek things on the internet for Bloom tree trimming service. In case that you are scared that you will make a lot of mistakes, then you can look for a responsible one in your city.  

Most of the people stayed at home during the winter season. They don’t like going out since it is cold outside and they can’t do anything useful and helpful when they tried to check the situation outside. If you think that you should have done something in the past. Then, this is the right time to correct your mistakes and the things that you didn’t do for your trees to help them. You need to check and inspect for any damage that the winter has brought to your plants. Of course, if you want to include the roof and the sidings of the house, then that would be a good and nice option.  

It is the time as well that you can see those insects growing and reproducing more. The spring is the time that new leaves will grow and replaced those old ones. Before the leaves grow, you need to get an arborist to check the condition of the tree and they can tell you the things that you need to do. It could be about the chemicals and sprays that you can use to stop those insects from coming there.  

That professional person can help you as well when it comes to the removal of the branches and twigs that are hanging there. They should be removed so that it can’t cause accidents there especially to those kids who are playing under the tree. At the same time, you would notice as well if the tree is becoming dangerous for your property. They can assess so many things that you never money can be private  expected that they can do. If you think that they need fertilizer or mulch, then you can do it now. Trust the professional ones only. This will avoid you from experiencing unpleasant results when it comes to your loveable trees.  

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Bid Price Vs Ask Price

»Posted by on Mar 1, 2021 in Forex Tading | 0 comments

The wider the bid-ask spread, the more volatile and less liquid that security is likely to be. Trades may not execute as often when there’s a large spread, and when they do, the price is more likely to jump around quickly compared to more stable stocks that only move a few pennies at a time. That makes it difficult to predict what price you’ll get with a market order, and stop orders are less likely to get the exact stop price you set. There are ways around the bid-ask spread, but most investors are better off sticking with this established system that works well, even if it does take a little ding out of their profit. If you consider branching out, experiment with a paper-trading account before using real money. To understand the difference between the bid price and the ask price of a financial instrument, you must first understand the current price from a trading perspective.

bid vs. ask

The market is responsible for setting bid-ask prices and determining the spread. If there’s a larger contingent of sellers, the bid-ask range will drift lower—sellers need to be more competitive in selling price to attract buyers. Conversely, if there are more buyers, bid-ask favors sellers and climbs.

Types Of Spreads

Overall, bid prices and ask prices are quotes presented by market makers and exchanges that they receive from participants in the market, or buyers and sellers. The bid price is the quote obtained from a participant that wants to purchase a stock, commodity, precious metal, or cryptocurrency, which is essentially the buy order with the highest price. The ask price is a quote in price obtained from a participant that wants to sell their asset and is essentially the lowest current sell order that has yet to be filled.

  • When setting a limit sell order, an individual can define a specific asking price, but if their price is not the lowest, it will not be the first one to be filled.
  • A narrower bid-ask reduces the premium or discount investors have to pay or receive for doing a trade.
  • Basically, “current” price just means the last price people agreed upon; it does not imply that the next share sold will go for the same price.
  • I mean, if there are 1 million people wanting to buy a particular stock, it is much more likely that you will be able to sell it if you need to liquidate your shares.
  • Now working as a professional trader, Fedorov is also the founder of a stock-picking company.

Billy’s order to sell his Dogecoin will be filled at $4.15 per coin and the exchange will turn around and sell those Dogecoins to Greg at $4.20 per coin. The price difference at just $0.05 may not seem like a lot, but it yields the exchange just through this one transaction $345.00 in revenue. Now, imagine millions of Dogecoins exchanging hands every single day. Only you can decide if you want to buy a stock, currency, or asset at the bid or ask price.

Fluctuations to either supply or demand cause the current price to rise and fall respectively. On the New York Stock Exchange , a buyer and seller may be matched by a computer. However, in some instances, a specialist who handles the stock in question will match buyers and sellers on the exchange floor. In the absence of buyers and sellers, this person will also post bids or offers for the stock to maintain an orderly market.

These spreads constantly change based on the movement of the market, so it pays to have real-time information about bid-ask if your trades capitalize on that range. Of the many fundamental chart metrics new investors need to get familiar with, bid-ask spread is near the top of the list. To understand it fully, you need to have a basic grasp on economics—specifically, supply and demand.

Key Differences Between Bid Price Vs Ask Price

This does not mean that the current price is a guarantee on what the next filled order price is going to be. Markets, exchanges and platforms will use different spreads to account for transaction costs, the value of a single asset, and overall liquidity. Spreads can change drastically due to the volatility of the cryptocurrency market. If there are several different traders/investors interested in a seller’s asset, the seller may begin by compromising to a lower price. The bid–ask spread is an accepted measure of liquidity costs in exchange traded securities and commodities. On any standardized exchange, two elements comprise almost all of the transaction cost—brokerage fees and bid–ask spreads.

bid vs. ask

Market makers are the systems of brokers or individuals working and conducting exchanges and transactions which allows buyers and sellers to place and fill their transactions almost instantaneously. The New York bid vs ask Stock Exchange for example is an American stock exchange and therefore a market maker. Individuals and stockbrokers within the NYSE that have a broker’s license can offer quotes for both buy and sell prices.

Prices

Under SEC rules, the NBBO consists of the highest displayed buy and lowest sell prices among the various exchanges trading a security. The trader initiating the transaction is said to demand liquidity, and the other party to the transaction supplies liquidity. Liquidity demanders place market orders and liquidity suppliers place limit orders. For a round trip the liquidity demander pays the spread and the liquidity supplier earns the spread. All limit orders outstanding at a given time (i.e. limit orders that have not been executed) are together called the Limit Order Book.

bid vs. ask

In particular, they are set by the actual buying and selling decisions of the people and institutions who invest in that security. If demand outstrips supply, then the bid and ask prices will gradually shift upwards. The size of the bid-offer spread is a measure of the liquidity of the market for that security, and also indicative of transaction costs. If the spread is zero then it is said to be a frictionless asset. The gap between the lowest asking price and the highest bid price is what is known as the spread of the market.

When there is a large spread between the bid and ask price, it usually means there is a very low volume of transactions happening between buyers and sellers. Since the price difference is large, it is less likely that the buyers and sellers will reach a compromise, and therefore fewer transactions tend to occur. In the equity markets, all available liquidity may not be displayed in the NBBO. Market participants may choose not to display their orders to avoid revealing their trading interest. To accommodate those traders,securities exchangesandATSsallow them to post their orders anonymously and not publicly visible (“dark”), away from the publicly displayed (“lit”) quotes.

The offers that appear in this table are from partnerships from which Investopedia receives compensation. Investopedia does not include all offers available in the marketplace. Day-to-day trends and market activities affecting the market in easy-to-understand snapshots. AUD, GBP, NZD and EUR are all quoted in European terms against the USD. This means the foreign currency is always the ‘unit currency’ or the first currency in the pair (i.e. AUDUSD, GBPUSD, etc.).

What if you are a buyer but are unwilling to pay the full asking price? Similar to what you do when you purchase a car, you offer a little less than the MSRP. Conversely, if you are looking to sell immediately, you can enter your order in at the bid price. Although price improvement can be a general term that means “getting a price better than the bid/ask spread you see on the screen,” there’s a more formal description as well. Brokers use order routing technology to help ensure best execution, and they monitor the data closely.Learn more about price improvement and execution quality at TD Ameritrade. Advanced strategies are for seasoned investors, and beginners may find themselves in a worse position than they began.

Bid Price Vs Ask Price

The convergence in the bid-ask conundrum is now coming more from the buy side than from the sell side — more from the bid than the ask. The abundance of available capital, both debt and equity, has been the primary reason for this increased buyer activity. Large bid/ask fibonacci sequence spreads make it hard to buy or sell shares in a timely manner. The brokerage will buy or sell that number of shares at the best available prices, meaning the bid/ask prices. This can be dangerous for investors who want to buy or sell shares of that security.

The closer the bid price and the ask price are to one another, the more liquid the security is. Meanwhile, if you set a market order to buy 100 shares of stock in a company, you would pay the ask price in the bid-ask spread. So, if the ask price was $10, your market order would end up costing $1,000. For example, if you wanted to purchase 100 shares of stock in a particular company for no more than $1,000, you would set your bid price at $10. However, in order to make the purchase, somebody would have to set their ask price at $10 per share.

The bid-ask spread is more than a two-way quote—it’s a representation of liquidity, as well as supply and demand. As a general rule of thumb, smaller spreads represent stability, while larger spreads represent riskier investments. The larger the spread, the larger the gap between willing buy and sell prices. The difference, or spread, benefits the market maker, because it represents profit to the firm. Here, an order is entered, say, to buy 2000 shares, but it has a “max floor” of meaning to display at most 200 shares at a time. If I’m sold the 200 shares, the quote will automatically update to buy another 200 at the same price.

How Are Orders Ever Executed If Prices Are Different?

It also means that if you have to sell your shares in an emergency, you’ll have to accept a significant loss. This is most common withsmall companies with infrequently traded stocks. For example, Stocks A and B might both have a bid-ask range of $0.10; however, if the range is $50.10-$50.20 for Stock A and $5.10-$5.20 for Stock B, there’s a major difference in spread percentage. Ask price is the minimum price a seller is willing to part with the security for. Take an example below of Reliance industries where we show top 5 bid price vs ask price. Ross Cameron’s experience with trading is not typical, nor is the experience of students featured in testimonials.

For example, consider a stock that is trading with a bid price of $7 and an ask price of $9. A bid price is the highest price that a buyer is willing to pay for a good. For instance, if Dan placed an all-or-none buy limit order for 10,000 shares at $1.00 and Ali enters the market with 9,999 shares to sell at the bid price, the trade wouldn’t execute. All-or-nothing orders specify that either all of the total number of shares bought or sold gets executed, or none of them do. Liquidity is often thin in wide bid vs spread markets, which means you might miss out on a fill if only a small amount of stock gets traded.

Analyzing the reported trades can tell you a lot about their action and its traders’ state of mind – and its probable influence on the direction of the stock price. Limit orders are used as a way to buy a security at a set price that is better than the current price. For example, if you decide to set a limit order for 100 shares of stock at $5, while the ask price is $5.05, then the order will not be placed until the price of that stock drops to at least $5.

They look at the ask price, the lowest price someone is willing to sell the stock for. The ask price is the price that an investor is willing to Forex dealer sell the security for. To be successful, traders must be willing to take a stand and walk away in the bid-ask process through limit orders.

To put it simply, a bid indicates the demand while ask indicates the supply of stock. For example, a stock quotation has a bid price of $9.10 and an ask price of $9.17. In this case, the buyer is willing to buy it for $9.10, while the seller is willing to sell it for $9.17. At the point, when this spread becomes zero, a transaction between buyer and seller happens. For example, in our case, if the buyer decides to increase the price for the sake of buying this share to $9.17 from $9.10 or vice versa, a transaction will take place between these parties.

Author: Julie Hyman

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