Comment by mikeodds
8 hours ago
I can push that market to 100% with 10k usd so I wouldn’t weight that too strongly as evidence, although I agree on the tariffs part.
8 hours ago
I can push that market to 100% with 10k usd so I wouldn’t weight that too strongly as evidence, although I agree on the tariffs part.
Can you explain how you reached that conclusion? If I'm reading the order book correctly, you'd need much more than 10k to remove all the opposing liquidity. And of course you can't assume that other participants will stand by idly, when you put in enough money to move the market away from what they believe is correct you might discover a lot more contra liquidity appears. So it might not stay where you want it for more than a moment.