[Trader's Handbook] Draft articles, "out of pocket" discussions

[---]

I'm sure I will be tempted to write some feedback or ask questions about the Trader's Notes in this thread.

So I suggest you do it here - not to overload the main branch with extra pages:

- bring in your pocket for the article you want.
- and ask questions / discuss the topic here.
Which I myself plan to do.

+ here I will put articles from the main branch for revision

[Vasiliy Sokolov]

sergeev:

I'm sure I will be tempted to write some feedback or ask questions about the Trader's Notes in this thread.

So I suggest you do it here - not to overload the main thread with extra pages:

- bring in your pocket for the article you want.
- and ask questions / discuss the topic here.
Which I myself plan to do.

+ here I will put articles from the main branch for revision

In this regard, I propose to move the last two posts from the Trader's Handbook here. (Yes, the second post hrenfix here too - for lack of content and vague wording).

[Dmitry Fedoseev]

I too propose that the bullshit bullshit be removed from there.

[---]

I'm all for it! for someone more knowledgeable to edit those articles here to be clearer in terms of concepts.
It's not a problem to replace them.

[Sergey Petruk]

Trader's Handbook: Orders, Prices, Stack, Funds, Currencies

hrenfx, 2013.05.30 12:45

Execution of limit orders on the stock exchange

....
SellLimit is always executed at Bid price, BuyLimit is always executed at Ask price

...

vspexp,

where does the certainty of the assertion come from?

[A100]

vspexp:

where is the certainty of the statement coming from?

Apparently from here, https://www.mql5.com/ru/forum/12342#comment_512211

hrenfx 2013.05.30 12:45 #
P.S. Haven't done a single trade on exchanges.

[Vasiliy Sokolov]

vspexp: where is the certainty of the assertion coming from?

Think logically. You want to buy. The only party you can buy from is the sellers, the sellers form the best offer price, and that is the Ask price.

[anonymous]

vspexp:

hrenfx is conceptually correct.

You need to have level 3 data and be able to collect level 2 data from it in order to see it through your eyes.

[Vasiliy Sokolov]

anonymous:

hrenfx is conceptually correct.

You need to have level 3 data and be able to collect level 2 data from it in order to see it through your eyes.

If even level2 is not available to everyone, I'm scared to imagine what level3 is!

[4elendger]

C-4:
Think logically. You want to buy. The only party you can buy from is the sellers, the sellers form the best offer price, and this is the Ask price.

Yes, but the sellers are the sell limiters. And their orders will be triggered exactly at the Ask price.

Isn't that right?

[Alexandr Bryzgalov]

vspexp:

Simply put, a sell limit is always overlapped by a buy limit order, and there are no market orders )