Short Selling - Ask or Bid?

Have asked before I think same question, asked AI also and other experts but I always get different answers.
Question is simple:
If I short sell 1000 contracts ES, will they show up on the bid or ask?

 

Weird question, someone asking about shorting 1000 ES contacts with a margin requirement of about $16mm and you do not understand? I'll bite. If you target the bid prices, you will clear the bid, then your leftover order will be posted as the ASK. If you target the ask price, your order will sit on the ask.

 

neither, limit price. if you can trade 1000 lots, you don’t ask this question.

 

Neither? It's either ask limit or bid limit, if he's placing a limit order.

If he means placing a sell limit order of 1000 contracts at a price above current best bid/ask, then his order will show up on the ask side.

If he sells at market it won't show up in the orderbook but it will clear bids until his order is completely filled.

If he sells limit at current bid then the order will clear the current bid and the remainder of his order (if any) will become the best ask at that price.

 

Weird question? Whats weird about it?

 

You buy at the ask and sell at the bid if you want to get filled. Show up where? On the book? I would assume it will show as 1000 contracts filled at the bid.

I never saw the point to tracking level 2...
I guess the jyst is if you see a bunch of buy orders filling at the bid then it's bearish because sellers are unloading, and a bunch of sell orders filling at the ask is bullish because buyers are loading up?

 

Got it =) This answered my question! Doing some prints research, reason for asking!

 

It's not weird for a new trader, but someone who has the experience and margin to trade 1000 contracts wouldn't be asking these kind of questions.

New traders shouldn't be concerned about trading 1000 contracts, start with 1.

 

bid limit on sell side is market order, he might just click on the dom randomly.

 

Level 2 can be interesting to spot iceberg orders and big orders hitting the market, or big limit orders getting pulled right before they would get hit, big limit orders following and pushing the market up or down as it moves, ...

But for that you need more than a basic DOM. You need something that shows cumulative delta per price and a DOM surface.

 

True ..a large sell order can act as resistance until it gets cleared and a large buy order can act as support.