DOM

[bloomberg1]

also, in continuation of what we discussed yesterday.... running the stops doesn't mean the stops need to be concentrated in certain areas with 'known levels and sizes'..

if my pro boys sense that there are a lot of short term speculators on the rally train, such as indicated by the sentiment indicators I mentioned, they can simply just knock it down a few %, and knowing how most retail accounts trade, that will certainly run a lot of stops.... and knock down by how many % has the maximum stop-run effect while allowing minimum flats/shorts to buy in? refer to the discussion yesterday lol.

In the sp500 fut's. ...? Or you talking smaller market..

 

[dozu888]

In the sp500 fut's. ...? Or you talking smaller market..

the theory should be universal.. but it's easier to measure sentiment on the sp500.

 

[Turveyd]

As Dozu says, Pro's aren't stupid, they know where Retail will place there SL's, they know how to take retails money on mass, that's where they make there money, not off each other, but by taking a slice of retail pie.

Why do you think, market often reverses right after your SL's been hit and sometimes thats a trap aswell, it's going back up, back in and back down again SL hit again.

We are playing against a highly trained and very clever opponent, there working together, we are all alone, guessing at best.

No shame in being beaten by the best thankfully

 

[bloomberg1]

As Dozu says, Pro's aren't stupid, they know where Retail will place there SL's, they know how to take retails money on mass, that's where they make there money, not off each other, but by taking a slice of retail pie.

Why do you think, market often reverses right after your SL's been hit and sometimes thats a trap aswell, it's going back up, back in and back down again SL hit again.

We are playing against a highly trained and very clever opponent, there working together, we are all alone, guessing at best.

No shame in being beaten by the best thankfully

Pls provide examples in the sp500 fits day session.thnx

 

[jeb9999]

I don't look at ladder but do know anyone can see market depth.

The market depth size on either side does not include stops correct?

More important the DOM does not show iceberg orders.

 

[jeb9999]

My understanding is that in the "old days", the stops came in over the phone to the trading floor. So everyone knew where the stops were - I think they were called "stacks" as they were literally stacks of paper orders
Nowadays, as @dozu888 said, it's pretty obvious where stops are and a single trade of 100 shares (or sometimes even dropped bid) will start the domino effect.

Floor brokers had a "deck" of orders not a "stack".

 

[Overnight]

lol my pro boys know where the stops are.... too obvious, everybody is doing the same thing, 1 tick below support blah blah, bull shit technical analysis 101 book has washed everyone's brain lol.

Really? Everyone is doing it? Everyone has the same levels of support and resistance?

And to the same exact tick! Hmm!

 

[dozu888]

Really? Everyone is doing it? Everyone has the same levels of support and resistance?

And to the same exact tick! Hmm!

Imagine. If there were no Technical Analysis for Dummies. Nothing at all. And all the newbies are just given a naked chart to use.

I bet the success rate would be at least 200% higher.

 

[Real Money]

The pro's are using the PREM and also they will size into a spread that will move the index at the most convenient times...too easy really. Retail is clueless.

 

[qlai]

The pro's are using the PREM and also they will size into a spread that will move the index at the most convenient times.

How is this related to DOM?