Most institutional trading happens in —private exchanges where big funds hide their intentions. When a pension fund wants to sell a million shares, they don't dump them on the public exchange (which would crash the price). They trickle them out in the dark.
Liquidity is the oxygen of the financial markets. It is the amount of cash sloshing around the global system. And the undeclared secret is that The undeclared secrets that drive the stock market
The stock market's secrets are not hidden in a vault at the New York Stock Exchange. They are hidden in plain sight, in the greed of the crowd, the algorithms of the machines, and the printing presses of the central banks. Once you see them, you cannot unsee them. Liquidity is the oxygen of the financial markets
One of the market's most fundamental "secrets" is that for short-term trading, a company's actual worth (intrinsic value) is often secondary to its perceived value. They are hidden in plain sight, in the
The Undeclared Secrets That Drive Stock Market | PDF - Scribd
If you refuse to play this game, you will feel left out during bubbles. But if you don't realize you are playing this game, you will be the fool holding the bag.
This is perhaps the most technical, yet most powerful, undeclared secret of the modern market. It’s called the .