Can Market Makers (bots) see your stop in ES/MES?

Discussion in 'Index Futures' started by TimtheEnchanter, Sep 24, 2020.

  1. Okay okay, I have read Douglas too but maybe it's a bit exagerated
     
    #61     Sep 25, 2020
  2. lol Not all PhD's and MBA's. In fact I can honestly say the actual successful traders I know all possess at least a Master's degree and many have their PhD or finished their PhD level course work though they may never have defended a dissertation.

    The most successful trader of all time is a PhD and his entire team is Masters level and up.

    Your "proven again and again" is a myth that allows trading education vendors to fool the uneducated into believing they have a shot.

    This is something those PhD's all recognized very early.
     
    #62     Sep 25, 2020
    Asterix and yc47ib like this.
  3. Yes they do.
    Stops by retail are often in similar area. So LF is incorrect. Your stop may be in a collection of many more and the bots with this level2 info are programmed to run them.
     
    #63     Sep 26, 2020
  4. Is that me?

    How am I incorrect?

    It’s called the Limit Order Book. Only resting limit orders are visible. When the market is moving up or down you’re effectively watching market orders cross with resting limit orders.

    Stop orders become market orders only after they’re triggered. They are not visible on the public order book prior to that.
     
    #64     Sep 26, 2020
  5. ondafringe

    ondafringe

    So what did you find out??
     
    #65     Sep 26, 2020