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148: John Grady – The Order Book—What Traders Must Know About Supply and Demand

Chat With Traders

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Spoofing in the Order Book

There's certainly interesting times ahead I'm excited to see where it goes but uh just one last question and then we'll wind things down I want to ask you about spoofing in the order book and like phantom liquidity. Some of that is not true liquidity like some of that is just being posted and the people posting that have no intentions to actually fill those offers now  I know this is a gray area and it's looked down upon it's you know some people have been prosecuted for it and that type of thing but it regard this it happens how do you deal with that? There are times when you can be pretty certain an order is real and times whenyou can bepretty certain it

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