Trade like the pros in dark pools█ Trade like the pros in dark pools
If you're accustomed to trading on the stock exchange, you know that an exchange operates like a digitalized marketplace. Buyers and sellers gather around a stock and indicate what they're willing to trade for, hoping that two orders will match. Before you decide at what price you're willing to trade, you likely look at the order book depth. There, we see how many shares are seeking buyers or sellers at a specific price.
For a trade to be completed, the so-called spread needs to be crossed. The spread is the difference between the buying and selling price, in the example above 20 cents (226.40 – 226.20). In stocks that are traded very frequently, the spread is smaller and it's seldom a problem to execute very large volumes on the open market.
█ Dark pools simplify trading in small companies
Many stocks have too small a turnover to place a larger order without significantly affecting the price. Therefore, professionals have used dark pools for many years. Leading brokers are now making this flow available to all their customers. The advantage of a dark pool is that you don't need to show your order to other market participants until a trade has been completed. This facilitates, especially, trading in larger volumes.
Another advantage of dark pools is that trades are made at so-called midprice. Returning to the example above, a trade would occur when someone is willing to pay the full spread of 20 cents. Had the order book been a dark pool, the midprice would have been 226.30 SEK. In this way, it results in a better price for both buyers and sellers. For those trading in larger volumes, this can mean a lot of money.
█ All orders pass through dark pools
The fact that dark pools are now available to everyone does not mean that all orders should be placed there. In fact, there are several barriers to how much trading can be routed this way before the dark pool is temporarily limited.
When you place a regular order, thanks to so-called smart order routing, it will check if a better completion can be achieved via this dark pool than on the open market. So, whether you choose to actively place an order in the dark pool or not, you can benefit from the characteristics of the dark pool.
█ Shouldn't the exchange be completely open?
A criticism of dark pools is that they are exactly as they sound, hidden. But all trades made in Nasdaq Stockholm's dark pool are visible under completions. Stocks with low turnover can be difficult to trade without significantly affecting the price.
⚪ Let's take another example. Here we have a stock where the entire buy side corresponds to just over 130,000 SEK. That's a lot of money, but not an unreasonable holding for a private individual. This is also an order book from a company with a market value of about 1.6 billion. Thus, a small company, but not so small that trading for a couple of hundred thousand SEK should be unreasonable.
Here, the spread is also 30 cents. Which is over one (1) percent on this stock price. Being able to halve this cost can save a lot of money both directly and over time.
It is also possible to hide parts of an order today. In the advanced order placement on the open market, there is actually a tool for that problem as well. There, you can set the visible number of shares to be shown in the order book.
█ When you should use the dark pool
If you have never had problems with your order placement, you probably don't even need to consider placing an order in the dark pool. But if you trade stocks where you need to split your orders to not swallow too large a part of the order book, it might be valuable to try.
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Disclaimer
This is an educational study for entertainment purposes only.
The information in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell securities. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
ERCG trade ideas
ERIC the astronautextensive analysis and creative fundamentals are telling me Ericsson wants 100 minimum
ERIC Ericsson Options Ahead of EarningsAnalyzing the options chain of ERIC Telefonaktiebolaget LM Ericsson prior to the earnings report this week,
I would consider purchasing the 5usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $0.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
$ERIC with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ERIC after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 57.14%.
Ericsson: Bullish Bat with MACD Bullish DivergenceWe have a Bullish Bat Visible on the Weekly and Monthly with Weekly MACD Bullish Divergence near the bottom of a Decades Long Range. If we bounce from here to the range top a Partial-Decline will be Confirmed that could likely result in a Breakout to $28.
Ericsson also has a great P/E Ratio to back it up and as a result i have gotten the Jan 19 (413d) 8 C call options that are currently trading at well below a dollar.
Great Reset Investing | ERICSSONYou’ll never see these prices again
Industry 4
The Great Reset
The Fourth Turning
GRI 2023
$ERIC with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ERIC after a Positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
$ERIC with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $ERIC after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
ERIC 5G METAVERSEERIC is gapped up this morning, got filled yesterday during the downturn at a ridiculously low bid, & was up well before market close. As you can see the daily chart is what's used, it was easy to see the turning point on volume looking for swing trade type positions. ERIC is expected to give earnings today & is expected be positive. ERIC has huge upside potential as a Metaverse 5G play. Its low price and huge infrastructure make it perfect to capture the developing metaverse market. Ericsson may not be a "leading" metaverse brand like Facebook, but it's going to grow in the background as it provides the actual bandwidth for the metaverse. This is called the picks & shovels method. Watch this space for MACRO & supply chain plays. Please like & share this post if you want more content like this. *NFA, DYOR Please check the ERIC prospectus before investing real funds*
Ericsson earnings beatEricsson ADR (ERIC) reported Q4 December 2021 earnings of $0.36 per share on revenue of $8.1 billion. The consensus earnings estimate was $0.25 per share on revenue of $7.7 billion. Revenue fell 0.4% compared to the same quarter a year ago. Here's important levels on the 1 day chart:
P/E = 15.4
EPS = $0.36
Div/Yld = 1.39
52 week high = $15.32
52 week low = $9.93
SMA200 = $11.93
SMA150 = $11.42
SMA100 = $11.11
SMA50 = $10.74
breakout = $12.02
R3 = $11.80
R2 = $11.58
R1 = $11.36
pivot = $11.13
S1 = $10.91
S2 = $10.69
S3 = $10.47
breakdown = $10.24
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com
ERICeric industry 4.0
great stonk
won't beat a market drop
I'd favour the yellow arrow
orange is possible tho
Planning on btfd in around 3-6 months
NOT INVESTMENT ADVICE
GRI 2022
ERIC Schematic Log Forecast here which appears to be in the macro wave 3, expecting a dip in the short term to $7-8~ area before blastoff.
ERIC buy $7.50could still hit the bottom of the longterm uptrend
industry 4
i'll be buying
YOU DON'T HAVE TO
trade at your own risk
GRI Jan 22
ERIC DAILY Action Reactionshould be a big move
i think down
but it will def respond to these lines
trade at your own risk
GRI '21
ERIC NOK's Swedish twin
Fundamentals just as good as a future industry 4/5 tech titan
Daily chart looking a little bullish, as per nok
Higher timeframes suggest more down imho
G.R.I. Dec '21
ERICSSON BUYZONE STILL AROUND 8 BUCKSPartner in crime to Nok
Equally bullish on both
Both look like they will get cheaper
Action-reaction chart
NOT FINANCIAL ADVICE
good risk reward trade!Made a massive pullback
Bounced on the week support grey line think good time to enter on hour timeframe made a pullback and ready to run
Seems like Ericsson is going for retestEricsson broke above structure after creating a W-formation and seems to be going for a retest of support. If it holds that will be the perfect level for a buy.
Ericsson recovery play
NASDAQ:ERIC share price dropped after lackluster quarterly and forecast
But it looks like interest in the stock has picked up in recent days.
On the daily chart,
Directional and momentum indicators suggests further short term upside ahead
Accumulate.
Long for EricssonNext step up... Supported by bull trend channel and features also consensus forecast over 130 SEK
ERIC: quietly breaking long-term resistancesERIC’s long-, mid- and short-term trend charts are presented. ___
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
