On the 28th August, NinjaTrader hosted a webinar where we discussed how many traders believe the depth of market is useless because it is full of fake orders, which is true; however you can learn to read and use fake order to your advantage! The ability to 'fake' the market takes very large accounts and risk.
Peter discussed why large accounts cause manipulation, and took a look at the ES market to go through what was happening at the time.
- Stacking/Spoofing Orders – why and where it happens.
- Hidden Orders – how to spot them, where to look for them.
- Index Arbitrage/Non directional positions – when NOT to join in.
We also looked at some profiling techniques so that we could identify areas to be defended that develop through the day.
As usual, switch to Full HD, Full screen for best results:
