What caused the drop?

[NewTraderAdventure]

volente_00 said:
More sellers than buyers


Not exactly, its more size selling than size buying

1 buyer can take up a stock even with many sellers. And vice versa

Why do I have to point this out to supposed master traders ?

 

[congrats]

volente_00 said:
More sellers than buyers


Not exactly, its more size selling than size buying

1 buyer can take up a stock even with many sellers. And vice versa

Why do I have to point this out to supposed master traders ?

Great point....
Do you know where to look for such data about sell size or so? Any chart on TWS?

 

[NewTraderAdventure]

Great point....
Do you know where to look for such data about sell size or so? Any chart on TWS?

Back in the day, you could have used block trade data. Thats not so reliable now.

Only way I know , is to watch L2 and try to figure out the players. Not easy.

Safe to say, with the markets taking a massive pooper all week, its mostly short covering and market makers taking the other side of the flow.

At ever lower prices

Thats why you need shorts in the market, else who the f... is gonna buy ?

 

[themickey]

....Why do I have to point this out to supposed master traders ?

Because more sellers or more buyers equates quantity, regardless of whether its people or shares.

 

[NewTraderAdventure]

Because more sellers or more buyers equates quantity, regardless of whether its people or shares.

bullshit .

you didnt read what I said.

read it 100 times and let it sink in to the thick skull

 

[themickey]

bullshit .

you didnt read what I said.

read it 100 times and let it sink in to the thick skull

My pleasure

 

[SanMiguel]

volente_00 said:
More sellers than buyers


Not exactly, its more size selling than size buying

1 buyer can take up a stock even with many sellers. And vice versa

Why do I have to point this out to supposed master traders ?

I'm just waiting for someone to say something like "the sellers are in control".

 

[Cuddles]

bullshit .

you didnt read what I said.

read it 100 times and let it sink in to the thick skull