how do you tell why someone bought or sell?

[mjstyle]

Hi doc I believe you mention this before but i kinda forgot so i decided to make a new topic in case any other people wants to know.. so on a chart if it's green does that mean someone bought at the sell price and if it's red does it mean sell. I'm confused again could u explain to us again. Thank you for your time

[scott]

Not to speak for the doc, but generally green indicates a buy at the ask price and red indicates a sell at the bid price.

I might have to investigate a different streamer as the Ameritrade one doesn't really show this that well. Tha or I haven't figured it out yet.

[Dr PennyStock]

The explanation from Scott is correct, but, a more complete explanation is, every trade at the bid is a sell and every trade at the ask is a buy, I know, I know, many of you are saying that is not correct because for every sale, someone is buying and vice-versa, yes, that's truth, but, the bid and ask price we see, are the market makers buy and sell prices, not private investors or traders, so, when we see a trade at the ask, this is a buy because that is someone like us that is buying from a market maker, the same appeals to a trade at the bid, that is a sell because that is someone like us that is selling to a market maker.

So, trade at the bid = red = sell.

Trade at the ask = green = buy.

Hope this helps.

[mjstyle]

thank you so much doc!