Hi Guys,
Have a rather silly question that I've been trying to figure out.
Perhaps one of you guys can enlighten me.
In an uptrend, the sell side market makers are short cause they have to take the other side of the trade.
(yes, I know they'll try offload it immediately if they can rather than have to stomach a huge short building in their books. Just trying to keep it simple here)
So when the need to unload the shorts on their book, won't they have to go long and push price up further?
Fti has written ALOT of things, and I'm still making my way through the several thousand pages he's written (it's really that long. thank you again fti), so pse pardon my ignorance in this matter. Still doing my due diligence here.
Thanks again =)
Cy
Have a rather silly question that I've been trying to figure out.
Perhaps one of you guys can enlighten me.
In an uptrend, the sell side market makers are short cause they have to take the other side of the trade.
(yes, I know they'll try offload it immediately if they can rather than have to stomach a huge short building in their books. Just trying to keep it simple here)
So when the need to unload the shorts on their book, won't they have to go long and push price up further?
Fti has written ALOT of things, and I'm still making my way through the several thousand pages he's written (it's really that long. thank you again fti), so pse pardon my ignorance in this matter. Still doing my due diligence here.
Thanks again =)
Cy
One Mind, Any Market