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Alias Born | 11/07/2005 |
Monday, June 26, 2017 2:32:47 PM
I have learned over years that when these guys get short they open up spreads like this to shake out shares to bid.
When you place an order with 'All or None' they dont have to show it on level 2, and when buys hit ask they get executed on bid to cover with.
Simple solution to burn a short AND to show your order as best bid it to remove 'all or none; on roder and you will see it appear on level 2 bid/ask....other wise they hide and dont show it.
This freaks the MM short cause he needs to be the best highest bid on box...way of squeezing him into cover buying.
Just a tip..try it out
RLBD crazy undervalued here
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