In fact I'm gonna go one better and put this down as an epiphany. Lots of work to do
Time hides Nothing
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DislikedSo in simple terms:
Price at the moment = sentiment at the moment.
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DislikedGrkfx,
You put it in writing better than what I could myself. So its exactly like what what you have said before.
The market has sentiment but price can easily be mis priced intra day or on any time frame and deviate from true value but eventually sentiment will kick in and bring it back to equilibrium or perhaps mis price it again.
It is up to the OF trader to recognize when price has diverged and take advantage of it. I guess its almost the same as a mean reversion. but to value and not some mathematical calculation.
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DislikedIf it doesn't generate order flow, then what good are all the fancy mathematical formulas? I just care about what will move the market.Ignored
DislikedJust a bit of loose trivia or perhaps opinion what have you but just out of interest...
What do you think is difference between Fundamental traders and order flow traders?Ignored
DislikedJust a bit of loose trivia or perhaps opinion what have you but just out of interest...
What do you think is difference between Fundamental traders and order flow traders?
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DislikedJust a bit of loose trivia or perhaps opinion what have you but just out of interest...
What do you think is difference between Fundamental traders and order flow traders?
I would guess that generally speaking order flow traders are focused on ORDERS which is in a sense tied into fundamentals by way of how people will act etc. Of course a fundamental trader knows that he needs others to be aware of his value predictions in order for it to hold weight. The markets not going to move on his trade alone.
For example a fundamental trader...Ignored
DislikedJust a bit of loose trivia or perhaps opinion what have you but just out of interest...
What do you think is difference between Fundamental traders and order flow traders?
I would guess that generally speaking order flow traders are focused on ORDERS which is in a sense tied into fundamentals by way of how people will act etc. Of course a fundamental trader knows that he needs others to be aware of his value predictions in order for it to hold weight. The markets not going to move on his trade alone.
For example a fundamental trader will...Ignored
DislikedJust a bit of loose trivia or perhaps opinion what have you but just out of interest...
[b]What do you think is difference between Fundamental traders and order flow traders?Ignored
DislikedThe most important pointless post I've read in a while I reckon. Fundies are trading longer TF and off fundamentals out of necessity - their priority on the lower TFs is liquidity as can be seen by the million and one stop hunts on charts. OFs only care about orders whatever TF and whatever the motivation of the participant. If you know how a participant trades, you know where the orders are. Dealers can only take on so much risk. Technicals act in concert in very predictable ways.Ignored
DislikedI would differ with that. Pure fundie traders dont have to be concern about liquidity becouse their positions have long time-span and large drawdowns hence they are proportionally smaller. They do not intend to peek exact top or bottom imo.Ignored
DislikedAlmost the exact opposite - the bigger you are, the more you really do have to concern yourself with liquidity.Ignored
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