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RE: WTF is Market MICROSTRUCTURE???

in #money7 years ago

yeah i know this is next level shit no joke

basic idea is that this strategy utilizes 1) this thing called book edge and 2) shear speed

book edge is something that every limit order can possess. this is a concept that might seem wierd at first but is fundamental to scalping. the concept was developed by the locals who scalped in trading pits

in a FIFO order book like the crypto or stock markets, a general rule is the older your order the more book edge it posesses