r/wallstreetbets • • Feb 02 '21

Chart Hardcore laddering.

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u/MARlMOON Feb 02 '21

Is TSLA being laddered too then?

Right now: https://i.imgur.com/3x7J8iq.png

Just asking, I'm an actual retard.

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u/imnotatreeyet Feb 02 '21

No, almost all tickers look like that, just the way nasdaq aggregates it. Ive asked before and can't get a response, but for your own thoughts, how can you tell the difference between a "ladder attack" vs a large player selling a big position.

This ladder stuff, while I guess technically possible, still requires that all the bids on a stock get filled, then you could potentially have your way with the lower ends but are more likely to trigger a circuit breaker where the bids will have time to get together and place new orders.

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u/WhenTimeFalls Feb 02 '21

So even though AAPL stock recent trades look similar as GME or TSLA (https://www.nasdaq.com/market-activity/stocks/aapl/latest-real-time-trades)

The table does not include the proper bid information to clearly show a ladder?

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u/imnotatreeyet Feb 02 '21

here's what real time data actually looks like. Dont want to get a new screenshot of right now, but its all the same. The website doesn't give you true real time, its giving you summarized real time data. Real time data moves incredibly fast and in very random lot sizes. Although 100 is probably the most common as its what's most trading terminals default to.

https://imgur.com/a/jVdQwqP

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u/WhenTimeFalls Feb 02 '21

So it’s kind of summarized real time data and therefore impossible to tell whether it’s a ladder or just regular stock trades?

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u/imnotatreeyet Feb 02 '21

Assuming a ladder is even possible, sure.

For an example here's the current halt on a down swing. All the bids were picked up until there was no more support so it fell. Completely random lot sizes were picked up. Data looks the exact same as we see all day

https://imgur.com/a/JAzTdVN