For those that don't understand how to read a L2:
Post# of 1782
Posted On: 07/27/2016 12:36:48 PM
For those that don't understand how to read a L2:
MMs only appear once in each of the Bid and Ask list. For instance, ETRF is currently showing his highest bid at .0106 and could also be at every incremental tick below it as well - you don't get to find out until he moves down from his top bid.
All or Nothing (AON) buy orders - placed by people who don't want a mickey mouse amount like 10K from a paint down or short but want a complete fill of say 100K/200K/500K - don't appear in the bid lists. There were a number of those yesterday, above the highest bid, filled within the bid/ask spread.
It is an "attempt to deceive" and "causes needless anxiety" (ie scaremongering) to state that there is a lack of bid support when there is no way of knowing one way or the other and is hence a contravention of the stringent TOS here. Throw away lines as used by bashers on iHub are not acceptable here.
MMs only appear once in each of the Bid and Ask list. For instance, ETRF is currently showing his highest bid at .0106 and could also be at every incremental tick below it as well - you don't get to find out until he moves down from his top bid.
All or Nothing (AON) buy orders - placed by people who don't want a mickey mouse amount like 10K from a paint down or short but want a complete fill of say 100K/200K/500K - don't appear in the bid lists. There were a number of those yesterday, above the highest bid, filled within the bid/ask spread.
It is an "attempt to deceive" and "causes needless anxiety" (ie scaremongering) to state that there is a lack of bid support when there is no way of knowing one way or the other and is hence a contravention of the stringent TOS here. Throw away lines as used by bashers on iHub are not acceptable here.
(2)
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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