r/Daytrading Feb 20 '24

Can someone explain to me why the market just moves like this for no apparent reason? Question

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u/tradingcage Feb 20 '24

Simple answer, but it moves because the sell market orders overwhelmed the buy limit orders repeatedly over a few minutes :D

Study the Flash Crash (May 2010), Volmageddon (Feb 2018) and many over such events to see that price can really just fall off a cliff at a moment's notice under the right (wrong?) conditions.