How Markets REALLY Work - Depth of Market (DOM)
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- Опубликовано: 1 янв 2016
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Can u make a vedioto connect depth of the market and open interest
The greatest video of market description I've ever see!
I second this
#MeToo
For sure
Well explained best video
Aswear
Man, no one has ever explain this better!! Great work!!!
for that reason saying " more sellers than buyers" or viceversa, is wrong... this is why this confusion comes from... it's better to say "sellers are more INTERESTED than buyers"
This video is absolutely the perfect video on Depth of Market
Beautiful explanation not gonna lie. Now understand the market better than looking at plain charts and higher highs
I was searching for this explanation my whole life! At last I got it! Thanks man!
Glad my videos helped, good luck in your trading
I’ve watched dozens of trading videos prior to this one and could never understand what’s making the price move. However, something in my brain just clicked while watching your video and now it ALL makes sense. I’ve been under the impression that ALL market and limit orders had to be filled before the price moved. Thank you for making this video and simplifying how a price changes in the market.
DITTO.... I was thinking the EXACT same way! This video is a God sent!
Finally, I understand. Been learning bookmap and couldn't quite figure it out. This is simply explained, tyvm! Now to figure out how price moves during after-hours, premarket.
...this one is a pure perfection of explaining price action...bravo again...
I have watched so many videos...but this one was the perfect one for understanding how the candles stik move up or move down ..
Thank you for this great explanation.❤❤
Outstanding explanation - well done!
This was an awesome explanation. Nowhere else had I seen such an explanation.
Best Video on how price action is working i've ever seen!!!🔥💪🏼
Everyone must start their trading.career with this video . Brilliant!!! Thank you so much.
By far the clearest explanation I've seen on RUclips! Great video
I really appreciate your video helped me to feel the mechanism of the DOM in a better way. Well done!
didnt understand the matching of passive and agressive traders. great explanation. brilliant.
This is phenomenal I've looked all over and this detail is what I was looking for
One of the most amazing, coherently explained, and crucial information of how market price move videos I’ve seen!
The irony: Someone whose first language isn't english, explains the auction theory perfectly to english speakers. Thanks for this very very clear explanation. i understand the auction theory perfectly now!!
Absolutely great video! Explains it very well. Best video I have seen on RUclips for any novice or little experienced trader. Thanks 🙏
The Most Under rated video on YT.
Can't get any better than this....THANK YOU! Really explained the risk of using market orders, and how the "Last Price" is just that...the last traded price.
I was always confused that if for every buyer there is a seller and vice versa then what decides the direction of the price. This made it very clear. Great video! 💯💯💯
Amazing !!!! I've never seen a video explaining market depth in such a simple manner I never really understood market depth up until now since i am a newbie and i am trying to learn, thank you for posting such a great video.
Fantastically explained! Thank you for sharing your knowledge about the DOM. I appreciate you.
Thank you. Looking at Level 2 I knew what the bid and ask 'was' but didn't know how they got created. I thought it was limit orders. Your video confirms. Very much appreciated.
finally someone explain this in real words to clarify this point, thanks
Forex is a very serious business thank you so much! i always thought "i only just need a strategy" not knowing that there's more to it than strategy, the fundamental aspects behind the scenes of the movement has just became the most progressive realization. Thank you so much for the clarity
What a terrific explanation of the DOM... thank you for clearing the whole concept up!
this is an amazing explanation!! Thank you!
OMG!! I've been looking for an explanation and video like this for years and finally!! your channel found me, it must have been the universe rewarding me for my perseverance. Thank you for posting this vital video. It is a must watch for everyone that is trading any market.
Outstanding job ! Really helpfull thanks !!!!
Circling this subject from like a ten foot pole far just this morning I wondered what exactly slippage was. And here it is.
The best video on instantaneous price change in exchange due to market depth I have ever seen...
Nicely Explained... Keep up the good work
Thanks for the feedback Arun!
Finally this explained it! thanks! Great work!
This video explained everything well. I love your channel!
Been looking for this video for ages glad I finally found it again
I've been looking for a simple, accurate description of how the price moves for weeks. Thank you!!
So if you want to move the price up and break the sell walls you need lots of market orders.
Sweet. Thanks for the confirmation. I was rattling me brain over this, but you just helped me clear it up.
I always looked at the DOM in completely the opposite way - watching the sell barriers and expecting the price to move down when they were gobbled up.
first of all, this was the best video I have seen that explains the fundamentals of how market works.
my question is:
what happens if a seller sends a sell limit order and there is a buyer at that price in the order book? does that also moves the price ?
beautiful explanation..thank you so much!
Very thorough explanation. Thanks.
GLORIOUS, man, GLORIOUS!!! Pity it's unlikely for you to read this comment, but let me tell you: I didn't understand how the price moves until now. GLORIOUS!!! Thank you!!! Greetings from Mendoza, Argentina!!!
I have spent many months on searching a content like this ..finally youtube algo recommended it to me..
Amazing video, I think I finally understand. Thank you.
Really great video! Although pricing mechanism is such a foundational topic but many people can’t provide insights of it in detail. Your video went through every single aspects of how price moves in different situations and it was like I stumped into a goldmine. Simple yet detailed. Thank you!
Thanks very much your appreciation!
This video provided great clarity for me. Thank you
thank you, you put it to the point. simple as that. best video for any aspiring trader.
this is a great breakdown. Very well explained. Thank you.
this was amazingly informative and clear. you just gained a subscriber
This is the best, the clearest explanation I've seen. I now have an actual, proper understanding of the order book! Thank you for this
Now that you know how the order book works the main question is how will you make money from it? The order book moves so fast
No bull crap and promoting his only fans. Just knowledge. I salute you sir
Love the video man! Had a question, what are the other tools to see active order flow?
The clarification brought by this video is beyond impressive!
Thank you. That was great explaination.
Awesome video man.....This is must watch video before anyone starting stock market journey. Thank you once again for great explanation.😊
I understand that his video is for a BASIC understanding of how the DOP is --- SUPPOSED TO WORK--- ( key WORDS -- SUPPOSED TO WORK!)
But the ONLY TRUTH-- ONLY! -- is that market makers ARE WORKING BOTH SIDES of the TRADE--- the BID and ASK!!
1) E.G.--- the MARKET MAKER -- is on the ASK SIDE-- it IS ALWAYS IMPOSSIBLE to to tell if this is an individual trader or MM -- who is working FOR --- HIMSELF!
NOW the NEXT thing that ALWAYS happens -- ALWAYS--- the MM SEES the 5 bid contracts you have on the video and NEVER takes these bids ----- IF HE (the MM) WANTS t
the price to go higher!
NEXT -- THE MM--- comes ONTO the ---- BID SIDE( yes NOW he is on BOTH SIDE (BID AND ASK!!!) the MM--- LIFTS his ASK --AND AT THE SAME TIME --- LIFTS HIS BID-- these get executed and
the REAL TRADERS ( yes HUNDREDS of the them -- if not thousands !!!) are LEFT to ---- CHASE-- they have NO CHOICE -- as the MM -- WILL come to the BID side and KEEP supplying bids to LIFT the PRICE and KEEP TAKING the ASKS--- NOW the REAL traders MUST CHASE --- MORE if they want the stock!
This happens ALL DAY ----EVERY DAY!!
This problem can ONLY be SOLVED by using a market order( not really solve because you end up paying at the top of the ASK!
But WHY-- WHY would I say a "market order" -- why pay up????
Because what is NEVER, EVER TOLD in NY VIDEOS about -- DOP is the this follwing IMPORTANT CONCEPT;
EVERY SINGLE TIME--- you put in a LIMIT ORDER --- OF ANY KIND --- you ARE TELEGRAPHING to the MM--- the following; 1) if there are BIDS outweighing the ASK--- the MM is SEEING ( EVERY SINGLE TIME !!!) -- BIG INTEREST --- SO the MM JUMPS IN at the 1st position --- at a HIGHER BID and CONTINUES THIS!!!!!
So, there is NO REAL way around this EXCEPT to buy one the DOWN SQUEEZE--- BUT --- your probabilities of the stock price GOING FURTHER DOWN--- are STILL there!!
I CAN'T emphasize ENOUGH --- that the MM--- SEES EVERY single LIMIT ORDER and NOW -- he CONTROLS the PRICE, HE JUMPS in to do this --- ON BOTH SIDES!!!
NOTE--- DO NOT let people who say they have DIRECT ACCESS or or types of WAYS to --- HIDE orders tell you this --- it IS A TOTAL LIE!
Direct access and OTHER types of trading platforms ---- JUST TELL you what you WANT to HEAR!! the ONLY REAL hidden types of orders---- are those of BIG -- MM's and BIG MONEY--- close to the
exchange SERVERS(high speed) ------ NO NOT the high the HIGH speed YOU are TOLD or some some convinces you it is "high speed" --- this is SOLE ownership of the LIKES of CITADEL and more!!
Excellent information .... World Class at its finest . Thanks and God bless you with all the wealth and opportunities !
I’ve been trading for three years and never seen this explained so clearly. Thank you.
I was looking for this video for years. More videos like this please
sir this is very helpful for me. great briefing. tick by tick. thanks sir
Outstanding explanation! Bravo!
bought this guys course, I figured if his free content was this good his paid stuff would be impressive, im halfway through it, already applying some of the techniques. I scalp options so its a little different from what he teaches, but the way he uses volume profile is so far better than any indicator weve been lead to believe is good,
go buy the course.
Hey Jeramy - very delighted to hear that! I will be in touch soon with you to see how you're progressing!
Finally I got it. Thanks for this excellent explanation. You got a new subscriber
Clear and very detailed explanation. Thanks a lot!
Bro explain it like a pro definitely recommend it for beginners who wants to learn how the market works👍👍
Wow! This is such valuable knowledge. Finally understood why price moves, at times quite rapidly and at other times just sits there. Understood slippage as well as price gaps, at last. Great job, David. Thank you kindly.
Great to hear that, glad I helped
Excellent video and easy to understand, thank You
Thank you. Great explanation
You earned a subscription brother 💪🏼. Keep going strong
Took me a while but I got it in the end. Well explained thank you!
As a very "green" trader, I found your video VERY easy to understand. Thank you for this great explanation, on how DoM actually works !
Excellent video, thank you so much!
what an interesting video, perfectly explained, thank you soo much!
Best explanation on Depth of Market - true educational video on DOM.THANKS SIR.
Cristal clear explanation!
Awesome bro..was banging my head to understand the price movement... crystal clear now.
Thanks!
I was searching this type of video .thanks a lot
The best explanation on Market depth in all of Internet
Great explanation mate..!
After too many searches i got my point from this video thanks........
Simply amazing! This video was the missing puzzle for me! Thank you so much!!!
Thanks for the feedback, glad that my video helped you!
sir for amost half year I was searching for a video to understand bid ask and excution of contracts .you explain soooooo easily .i thanku by heart .i would like req make all ur videos for indians too . you may dub in such english pronounciation which could easily be understood by indians.
Great video thanks! Could you please describe from programming point of view what exactly happens. I mean, if people are trading they should all be sure that the soft (the algorithm) will not malfunction. Who ensures that? Who writes the algorithm? Who owns it and why?
I spent 4 hours on youtube to understand this fundamental. Your video was the one I got all my answers. I wish I saw this earlier and could save 4 hours. Thank you. Liked and subscribed.
Thank you, always glad to hear that my videos helped people!
Great video with in-depth explanation.
I just have one question, let's say someone puts a stop order, what stops the exchange from executing that order.
Let's say at 3:58 someone puts a sell stop order @97 for 2 units, why doesn't the exchange executes that order since thats a much better price for buyers to buy at and there is a seller willing to sell at that price too or a buy stop order @100 for 3 units, you still get your matching bid and ask in this case too.
which one is more important to predict a mover.
watching the bid activity or watching the asking activity
because i thought watching the bid mean i can add to the bid with the most volume causing more movement that may over take the market BUT i notice that based on you after that volume for that bid price is all bought out the price might drop instead of moving up
Nice explanation, thanks man!
This video is what I needed... the missing piece to the puzzle of trading at a high level
This is a great explanation vid. Thnx.
Ohhh..
Really helpful...
Best one..
Best explanation I have ever seen! this deserves more views! Keep it up thank you Sir
+Ka Wai Michael Cheung thanks for your support, appreciate it.
Thank you very much. Very good explanaton. Now I know what I want to know.
Amazing! Thanks a lot, Bro!!!
Thanks for your clear explanation
Finally got the answer to my question! I can't believe no one ever taught me that!
This was great. Thank you!
Simply great explanation
Great Explanation!