Who are those guys trading against you?

N

newtrader101

Well-Known Member
#1
#1
Serious shadow play...

Today, BRITANNIA was having a constant order flow (as the Market depth showed) of roughly 40k buy quantity and 40k sell quantity. At any time, between 9:15 -3:15, each was swinging between 39000-43000.

However, the total volume transacted till 1:30 was only about 80000.

With a constant flow of orders totalling 80k for about 4:15 hours, the number of effective transactions was only 80000!. The day's total is 113000.

This means most of those orders were not meant to be executed. Who was eager to buy or sell anyway? Ordinary traders like you and me.

Are these real orders at all?

Please share your thoughts.
 
V

vsatrader1

Banned
#3
#3
newtrader101 said:
Serious shadow play...

Today, BRITANNIA was having a constant order flow (as the Market depth showed) of roughly 40k buy quantity and 40k sell quantity. At any time, between 9:15 -3:15, each was swinging between 39000-43000.

However, the total volume transacted till 1:30 was only about 80000.

With a constant flow of orders totalling 80k for about 4:15 hours, the number of effective transactions was only 80000!. The day's total is 113000.

This means most of those orders were not meant to be executed. Who was eager to buy or sell anyway? Ordinary traders like you and me.

Are these real orders at all?

Please share your thoughts.
Click to expand...
why bothered ? it may be any number of things if you are a retail trader as such you are not having mkt depth of more than 5 orders level 2 quote is not there for u.
it does not make any difference in trading.
 
N

newtrader101

Well-Known Member
#4
#4
Well it bothers me because--
1 buy +1 sell =1 unit of volume.

There was a possibility of roughly 40 k volume happening atleast every 1 hour? (The frenzy of the order flow made it look like it would happen every second). All that happened for an entire day was just 3 times the order quantity at any given time. 3 x 40000 = 120000
 
V

vsatrader1

Banned
#5
#5
newtrader101 said:
Well it bothers me because--
1 buy +1 sell =1 unit of volume.

There was a possibility of roughly 40 k volume happening atleast every 1 hour? (The frenzy of the order flow made it look like it would happen every second). All that happened for an entire day was just 3 times the order quantity at any given time. 3 x 40000 = 120000
Click to expand...
focusing on why never gonna make money in trading. thts the hard fact. its the how which is the most imp to make money.
rest your time your energy.
 
pannet1

pannet1

Well-Known Member
#6
#6
vsatrader1 said:
focusing on why never gonna make money in trading. thts the hard fact. its the how which is the most imp to make money.
rest your time your energy.
Click to expand...
One of the brilliant indigenous stuff i have read in recent times.
 
Raj232

Raj232

Well-Known Member
#8
#8
newtrader101 said:
Serious shadow play...

Today, BRITANNIA was having a constant order flow (as the Market depth showed) of roughly 40k buy quantity and 40k sell quantity. At any time, between 9:15 -3:15, each was swinging between 39000-43000.

However, the total volume transacted till 1:30 was only about 80000.

With a constant flow of orders totalling 80k for about 4:15 hours, the number of effective transactions was only 80000!. The day's total is 113000.

This means most of those orders were not meant to be executed. Who was eager to buy or sell anyway? Ordinary traders like you and me.

Are these real orders at all?

Please share your thoughts.
Click to expand...
SOme traders place orders based on EOD charts .. e.g. those expecting a dip of 1% which may not happen. Each trader has his/her own level and expectation. So many orders do not execute but just get closed out EOD.

.. but who are the guys trading against you ? its your very own broker.. possibly who trades against all individuals of a scrip so that he does not have to pay anything to the exchange EOD. .. and any case it is proved that 95% of retail traders are in loss... no matter what anyone says.
:clap::clap:
 
Raj232

Raj232

Well-Known Member
#9
#9
pannet1 said:
I have a feeling that there is a certain algo that are opening limit orders at 5 paise difference on both lowest/highest bid/ask.
Click to expand...
Serveral algos... especially incase of there is a dip in the market... (while the market is bullish) the algos keep buying.. and even step up the price while placing some on the sell side as well.

:)
 
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