Ketpat no MC trading

I was driving in my car the other night with my twin daughters when the conversation somehow turned to what they wanted to do when they grow up.
Naturally, being only nine years old, they had many ideas. There were those that I was very happy with - an astronomer, a veterinarian, a professional soccer player, or a guitarist in a rock band. And there were some suggestions that I just didn't like...

So how do you avoid being one of these investors?  How do you spot a trap?  Well, let’s take another look at the screenshot from above:
The key to recognizing this trap is to look at the trend lines.  As I like to say to my students, “The trend is your friend.”  In this case, the stock was trending upward while the bids and asks made it look like a loser.  Whenever you see such an inconsistency...

So how does Citigroup camouflage its position?  It’s actually quite simple.  Instead of putting up all 1,000 (or 10,000) lots at the same time, it simply dribbles them out a little at a time.  Every time, the trader is able to dump a few shares, he immediately...

A Game of Cat and Mouse
In my decades of trading, I’ve learned many lessons about the market.  The chief of these lessons is that I don’t know anything about the market; at least, in comparison to the market makers on Wall Street.  Think about it.  The traders at firms like...