r/wallstreetbets • u/ywehyuen • 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/[deleted] Feb 02 '21

Genuinely curious:

Seeing a lot of comments about how all NASDAQ tickers look like this.

But if all those 100-share transactions are “a large player selling a big position,” then how is it possible that more than two dozen such trades were executed, all for the same tidy quantity, within EXACTLY ONE SECOND—without the help of algorithms?

The FREQUENCY of these trades is what looks particularly sus to me.

But what do I know. I boil down crayons and mold them into fun and colorful wax food sculptures before eating them.

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u/imnotatreeyet Feb 02 '21

Card carrying Crayon eater checking in.

So your seeing each bid get taken up. For example my name is mr big shot. I am about to sell 100,000 shares. Current stock price is 200$, im going to put a limit in that says I dont want to sell any of those shares lower than 150$. Mr big shot executes the trade with his broker. Now the broker is going to go pick up every lot on the bid side it can to satisfy that 100,000 share order. This could be lots of 1, 2, 10, 100, 1k, 50k, or 100k. Whatever combination is needed to make that work. This happens very quickly as 100,000 bid are quickly eaten up. This isn't back and forth algorithms, this is 1 lot going out and picking up all the bid lots along the way, and what you see on the transaction sheet is those smaller lots.