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TeachMeFinance.com - explain On a scale historic definition...
On a scale -- A term used in speculative operations in stocks ,
meaning buying or selling, as the case may be, at stated intervals
in prices as prices decline or advance. For instance,
buying at 100, 98, 96, 94 and 92 would be buying on a 2 per
cent declining scale. Reversing the order of prices would be
buying on an ascending scale. The operation of selling on a
scale is conducted in the same fashion.
Also see Pyramiding.
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