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Re: Everything-EV post# 1866

Wednesday, 07/13/2022 12:39:25 PM

Wednesday, July 13, 2022 12:39:25 PM

Post# of 2173
On the level II system, the bids & ask outside the inside quote are fluid and they change like quicksand

Anything outside the inside quote is only obligated to buy or sell the first 1,000 shares...among market makers ( which I was) it's called simply "Being hit"

Then the market maker has 30 seconds to keep his bid or ask there or move it

If he keeps it there...they will be obligated to buy or sell another 1,000 shares

Those sizes shown ARE NOT EVEN REAL

Old saying where I come from ---

"People that play checkers while others play chess LOSE!!!"

Giddy Up Burn Baby Burn (Cash Burning) Kepman