You have to ignore the host. Just listen to the guest.
is it true?
- Thread starter Ironplates
- Start date
insightful
That channel is full of videos from market makers telling about how they rip of people.
There's one about penny stocks that I forgot the link, so I can't post it. It must be still there in the channel. It goes about the lack of liquidity of penny stock markets and how a single market maker can crash markets at their will. Because liquidity is so low in those markets , one marker maker does not need much funds to manipulate it.
The most important bit is that nobody does anything about it. There's no authority on the subject. Essentially market makers can manipulate markets as long as they have enough funds to do it.
Now, going to the original question. It is obvious that they will manipulate a market in favour of a group of people. So there you have the players that can do it.
And now tell me about the bullshit that payment for order flow is to guarantee enough liquidity in markets and make them efficient.
There's one about penny stocks that I forgot the link, so I can't post it. It must be still there in the channel. It goes about the lack of liquidity of penny stock markets and how a single market maker can crash markets at their will. Because liquidity is so low in those markets , one marker maker does not need much funds to manipulate it.
The most important bit is that nobody does anything about it. There's no authority on the subject. Essentially market makers can manipulate markets as long as they have enough funds to do it.
Now, going to the original question. It is obvious that they will manipulate a market in favour of a group of people. So there you have the players that can do it.
And now tell me about the bullshit that payment for order flow is to guarantee enough liquidity in markets and make them efficient.
i find it odd that there is such focus on the actions of the retail trader. is retail really that big to be concerned with? Does Johnny one lot really matter?
seems like a distraction. could it be about something else?
i wonder if the whales are just competing against each other and retail is the guppy food that gets caught in between along the way.
Absolutely not, but it's not about individual Johnny one lot, it's about thousands if not tens of thousands of them and how they all place their stops at obvious levels.
You've just saved yourself a ton of time.
Since the rise of HFTs, 0+ scalping and the Algo Wars, the trend has been sending orders to dark pools vs lit exchange.
https://chartexchange.com/trends/reddit/mentions/cx-all/
Look up any instrument's more>trends>exchange volume and get a relative idea
thanks. could you expand on this please?
I agree with both p0box4 and Sprout's responses to this.
But I also appreciate how you're proceeding in an analytical and objective fashion without being reactive to some of the responses. Most threads like this would've gone off the rails by now. It's refreshing.
You might want to check this site out. Their explanation of what they call the power of 3 gives some insight into what you're asking about. There's plenty of self promotion, but I think it's a pretty good post. It's pretty much how I trade futures, but with my own (a bit twisted but effective) adjustments to risk management and when to take profits. My mean reversion trades in stocks are only a tad different.
https://innercircletrading.website/ict-power-of-three-po3/
Good trading to ya.
thanks. i assume you or someone can help me understand or explain this "tail" and the perfection on the Mid May "wick". View attachment 341645
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