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RE: Bitcoin: Again! The Tail Is Wagging The Dog. By Gregory Mannarino

in #bitcoin7 years ago

Please explain to me exactly how a future is bid down. I know what shorting is. I have never heard of futures being bid down. Is this on level2? If so, which MMer is usually the axe? It just kinda sounds like Price Action to me. In other words an easy way to explain away being wrong.

Charting and technical analysis is hardly ever wrong. Traders on the other hand (esp.) retail traders suck at reading the tape. Are you sure this isn't a way to explain away being wrong? Truly curious what bidding down and up does and exactly "how it's done". Thanks

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