Thread by @abetrade

So you have two price legs, leg no 1 and no 2. the chart below shows the market orders executed in those legs. As you can see in leg no 2 there was more buying than in leg no 1 but the price is lower, this means someone is sitting on the opposite side and filling shorts.

https://twitter.com/0xKismet/status/1455112839761305600

This inefficiency between price and delta (market orders), especially on exchange like bybit where overleveraged traders are usually on the wrong side of the market. Nothing works all the time and they get it right from time to time, but works enough to make money in long run.

thanks for coming to my ted talk

Also, it seems like someone wrote a few thousand-word blog post about all this shit like a year ago but people seem to be too lazy to even read the bio of this totally awesome, beautiful and genuine person so here is the link you lazy fucks tradingriot.com/orderflow-trad…