i am also fairly new to trade but i would say that if you put a bid for a lower price you would be behind all the bids that were already there but you would be before all the bids placed after the market opens and i think if you put a higher bid you would be before the ones that were already there but then you run the risk that it may be sold to you at that bid price. i have used e trade and there you can see the bids and also at extra cost you can see the position of the bid an example using the iress trading platform im not sure that it would be worth the money. bell direct is one of the cheapest at $15 per trade they also have live prices and position of your at extra cost commsec are $20 per trade up to $10,000 trade 29.95 above $10,000 and then 59.95 above $30,000 then a percentage after that iress trading platform extra e trade are slightly more expensive
