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Liquidity since March


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  #1 (permalink)
 Shovez 
Berlin, Germany
 
Experience: Advanced
Platform: NinjaTrader
Trading: ES,NQ
Posts: 3 since Jan 2019
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Before covid the orderbook was mostly 100-400 contracts for every tick on the ES. Now it's often 10-40 and on my tick charts I frequently see 1 tick gaps before they backfill which rarely ever happened before March.

Is this solely because of the volatility which came with covid and also now the upcoming election? Or is it also because HFT changes the ES more and more? So will the orderbook get thicker again after covid and election is behind us or will it become thinner and thinner over the next months and years?


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  #2 (permalink)
 
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 speck 
Kharkiv, Ukraine
 
Experience: Intermediate
Platform: Sierra Chart
Broker: NinjaTrader/Dorman
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Posts: 28 since Dec 2012
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Fewer human traders - fewer resting orders.

This covid market sent into retirement a lot of old school traders with decent sized accounts but prone to martingaling.


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Last Updated on October 11, 2020


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