#bstockscis
Tomorrow is Friday, so the classic markets are closed for the weekend. But since we’re in crypto, I decided to put my bstocks through a real stress test.
We already ran Nvidia and Tesla, so today we’re taking something more interesting — $MSTRB (MicroStrategy). Why this one? Because the stock is tightly tied to Bitcoin. On the weekend, crypto takes off, while the Nasdaq sleeps. For market makers, those are perfect conditions to either blow up the spread or allow a squeeze in a thin order book.
Instead of just watching, I’m placing deep limit orders (buckets) right now to buy $MSTRB at 7 percent below the market. I’ve attached screenshots of the open orders.
The logic is ironclad: if over the weekend the market maker can’t hold the price against Bitcoin’s moves, my limits will fill me with shares at a huge discount. And since the maker fee here is zero, if the price never goes there — I lose absolutely nothing. The orders just hang there for free.
This is simply a legal cheat code for catching slippage to your advantage while the traditional brokers are taking a break.
Who else is planning to put buckets out over the weekend? What levels are you catching, or do you think Binance’s algorithms will keep everything under control?
@BinanceCIS #bStocksCİS
Tomorrow is Friday, so the classic markets are closed for the weekend. But since we’re in crypto, I decided to put my bstocks through a real stress test.
We already ran Nvidia and Tesla, so today we’re taking something more interesting — $MSTRB (MicroStrategy). Why this one? Because the stock is tightly tied to Bitcoin. On the weekend, crypto takes off, while the Nasdaq sleeps. For market makers, those are perfect conditions to either blow up the spread or allow a squeeze in a thin order book.
Instead of just watching, I’m placing deep limit orders (buckets) right now to buy $MSTRB at 7 percent below the market. I’ve attached screenshots of the open orders.
The logic is ironclad: if over the weekend the market maker can’t hold the price against Bitcoin’s moves, my limits will fill me with shares at a huge discount. And since the maker fee here is zero, if the price never goes there — I lose absolutely nothing. The orders just hang there for free.
This is simply a legal cheat code for catching slippage to your advantage while the traditional brokers are taking a break.
Who else is planning to put buckets out over the weekend? What levels are you catching, or do you think Binance’s algorithms will keep everything under control?
@BinanceCIS #bStocksCİS