Nang clarifies why retail traders are largely invisible to the market, how institutions profit from order-flow, and why the rise of meme stocks changed the dynamics slightly.
View full episode →“Retail orders are internalised and rarely hit the exchange, giving brokers and market‑makers the profit”
“Meme‑stock rallies gave retail traders a louder voice, but institutional participants still dominate price formation”
“Repeated support‑level sweeps are emergent, not evidence of a single controlling algorithm”