Spent years studying behavior.
Eventually became data.
Spent years studying inventory.
Market found some.
Spent years studying who gets trapped.
Interesting result.
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The NQ book is absolutely updating faster than what’s visible. There’s intentional throttling.
Activity that occurs within a single render cycle may never be visible at all. It’s not that it doesn’t occur, just never made it to paint. The animation for moving blocks appears smooth even though the data is updating much faster.
What you’re seeing is a smoothed representation of persistent order state. There is a noise floor (single render cycle activity) that gets filtered. Would I build it differently with more compute? Probably, but the filter isn’t necessarily a bad thing.
MBO different view.
Book stops static (heatmap)
Book becomes behavior.
You don’t see levels…
you see participants.
Price falling…
then activity changes.
At 1:45
bids not bigger.
Bids active.
Someone choosing
to stand there.
Not passive liquidity.
Defended liquidity.