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Episode #106: Chris Cady & Steven Hawkins talk Market Profile, Its Beginnings and Its Evolution

Confessions Of A Market Maker

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The Importance of Size in the Equity Indexes

When I started trading ES, you know, you had tight ranges, you saw those B-shaped profiles, things like that. Now you just get these massive, massive ranges. There's no incentive to sit there top of book. And the risk element in regards to being a marketmaker means that any time there's some sort of dislocating price action without any news event known, that means that the marketmakers just pull their bids anyway because they don't know what's happening. As well as the whole concept of intraday retracement's are no longer valid because you've already exhausted all the resting orders inside that range.

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