What caused the drop?

Discussion in 'Trading' started by bookish, Feb 28, 2020.

  1. 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 ?
     
    #21     Mar 1, 2020
    congrats likes this.
  2. congrats

    congrats

    Great point....
    Do you know where to look for such data about sell size or so? Any chart on TWS?
     
    #22     Mar 1, 2020
  3. 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 ?
     
    #23     Mar 1, 2020
  4. themickey

    themickey

    Because more sellers or more buyers equates quantity, regardless of whether its people or shares.
     
    #24     Mar 1, 2020
  5. bullshit .

    you didnt read what I said.

    read it 100 times and let it sink in to the thick skull
     
    #25     Mar 1, 2020
  6. themickey

    themickey

    index.jpg
    My pleasure
     
    #26     Mar 1, 2020
  7. SanMiguel

    SanMiguel

    I'm just waiting for someone to say something like "the sellers are in control".
     
    #27     Mar 1, 2020
  8. Cuddles

    Cuddles

    [​IMG]
     
    #28     Mar 1, 2020