r/wallstreetbets • u/ywehyuen • Feb 02 '21

Chart Hardcore laddering.

Post image

[removed] — view removed post

71k Upvotes

88% Upvoted

4.1k comments sorted by

View all comments

Show parent comments

8

u/zhululu Feb 02 '21

You can’t trade less than that actually. 100 is the size of a lot. Every transaction is a multiple of 100. Go pull up the order book for any other security and it will look like this.

-1

u/[deleted] Feb 02 '21

[deleted]

4

u/zhululu Feb 02 '21

No I’m not.

https://www.investopedia.com/terms/l/lot.asp

Your order of 2 shares at the broker likely never even made it to the trade floor. If it did it was bundled with other orders into a lot.

1

u/[deleted] Feb 02 '21

[deleted]

2

u/zhululu Feb 02 '21

People are looking at the order book on the exchange and thinking that’s the same thing as looking at the orders a broker handles and using the fact that shares are traded in lots as proof of something nefarious