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Posted By: Elliot

I understand wanting to get the snipe in close to the closing time, but to my way of thinking you want to go in with your best bid at a time closest enough to the close time so that nobody else can not react to your bid, but not so close that you run the risk of missing getting your bid in. By this measure, I think 4-5 seconds is ideal. I never try to get as close as 1-2 seconds, I just don't see the advantage. Am I missing something?