Just signed up and I'm bidding on a computer I REALLY want.
The bid increment is ten dollars. I put as my maximum bid $1311. Is that the right way to do it? If there's a proxy bid that goes up to $1310, will I out bid it? Or do I have to make my maximum bid $1320, keeping it in-line with the bid increments?
I'm going to do the snipe at five seconds, because it's a Friday night and that's what default was when I signed up.
As I understand it, the AS will bid one bid increment above the highest bid with five seconds left in the auction, unless the highest bid at that point is already above my maximum or the proxy bidder is set to go higher than my maximum. Correct?
Also, my AS account says "ready" next to my auction. Does that mean it's set to go and I don't have to do anything else?
Thanks!!!
John
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