What does order book spoofing look like?

Discussion in 'Technical Analysis' started by mute9003, Jul 18, 2024.

  1. mute9003

    mute9003

    i see sometimes massive orders on either end of the order book(far from current price)
    They stay there for a while and usually disappear when stonk starts moving in either direction.
    Today i was watching the KITT
    And there were multiple sell orders at even numbers just staying there.
    first at 15 then 16 and then 17 cents
    All those were around 100k
    And each one of those orders disappeared before the price hit that level
    and time/sales didnt show those numbers going through either.

    Was that spoofing or something else?
     
  2. If you observed this, report it to SEC or when futures involved CFTC (don´t report to CME - they won´t do shit!)
     
  3. what's the difference between order book spoofing and innocently providing liquidity for idiots who blast big market orders? Say keeping huge limit orders at the last price plus 10%
     
  4. schizo

    schizo

    Penny stocks usually do trade in 100K increments, no?
     
  5. schizo

    schizo

    You seriously don't know the difference?
     
    TrailerParkTed likes this.
  6. mute9003

    mute9003

    Not usually
    I rarely see 100k orders these days
    I see alot of orders of 100/200/1000 all day
    Rarely see orders of 50k or more
    And these were different
    usually i see the big orders get eaten away gradually and then disappear as the price reaches the number
    These would completely disappear all at once before the price hit that buy number. Thats why i thought they were a bit sus
     
  7. traider

    traider

    Big boys/ HFT = not spoofing
    navinder singh / retail = spoofing
     
  8. mute9003

    mute9003

    what would spoofing look like then?
    if you have replay with order book it would show that 100k and another order over 100k i think it was 102 or 107

    there was a 160k order that went through on the tape.
    but the other ones just disappeared without a trace before the price hit that bid price on those orders.
    i suspected something funny about it so i was watching the tape and order book as it got closer to the bid price on that 100k order. and i belive it was at 16cents.
    order was gone right before it hit 16 cents.
    other big orders got chipped away like normal
    and my replay only shows the 160k order on tape and not the other two 100k orders.

    maybe if someone has replay that shows order book between 5 minutes before it peaked at 17
    there was also something very shady happening at exactly 17 cents. its seems unnatural that it capped hella hard right at 17. like it touched 17 and completely collapsed. like it was being dragged down. it lost all power the moment it hit 17
    and considering it was a pump and dump since they announced the RS right after im assuming the insiders unloaded their shares into that pump and dump right before RS?
     
  9. oshjdf

    oshjdf

    Try trading software like bookmap.
     
  10. TIL cancelling limit orders before they get stale is a crime
     
    #10     Jul 22, 2024