Every post tagged Liquidity.
Page 2 of 2 | Posts 11-15 of 15 posts
A market maker plays the game it appears to referee. A reference guide to what the spread pays for, how inventory skews quotes, why liquidity vanishes when it is wanted, OTC desks and hedging, and a case study of the 6 May 2010 flash crash.
Futures, perpetual swaps and exchange-traded funds all lean on the price they follow. A reference guide to the machinery: the futures curve and basis, funding, mark price and the liquidation engine, creation and redemption, and a case study of 12 and 13 March 2020.
Wyckoff gives markets a script and Elliott gives them a rhythm. A reference guide to both: the laws, phases and events of accumulation and distribution, the waves and their rules, where liquidity sits, and a case study in Ethereum from 2022 to 2025.
Liquidity is the bloodstream of a market, and the order book is where it shows. A reference guide to the book and its order types, icebergs and spoofing, stop runs, liquidity pockets and fair value gaps, price discovery and reversion to the mean.
Why most traders lose and why a visible edge stops paying. A reference guide to the Pareto distribution of outcomes, edge decay under attention, the zero-sum arithmetic of trading, and a study of every persistent day trader in Brazil's main index future.
