When we are trying to learn a new skill, we usually try to copy the actions of someone who is already successful in that field. When it comes to making money in the markets, we can easily see that the institutional traders are the big winners on a consistent basis. Online Trading Academy teaches their students how to identify where those institutional traders make their money and how to follow them for their own trading success.
One of the things that we will look for is the area where institutions have pushed prices higher or lower with high velocity due to a large order. When placing these orders, these institutions know that they may not get all of their orders filled at once. They are looking to receive an average price in a zone that is acceptable for their goals with that investment. This is known as working the order.
Imagine that I am working an order for several hundred thousand shares for a mutual fund. They decided they wanted to invest in XYZ stock due to its potential to rise on their good management, good product, past track record, new products, etc. I identify that… Continue Reading
