Orderflow Series 1: Maker Vs Taker Order Types💯



In the order book, a maker is the one having resting limit orders, adding liquidity, while a taker is the one removing liquidity by hitting bids or lifting offers, they end up paying more fee then your makers

If you place a buy limit at $100,000 and price trades down to you, you’re the maker, if you cross the spread to get filled instantly, you’re the taker.

Overtime if you keep observing the tape at the key highs and lows, there lies a good edge as you can spot when takers are chasing into exhaustion or when makers are quietly absorbing the sell orders at the key support areas, this can add good confluence to your trading
TAKER-0.43%
ORDER-5.92%
IN-8.48%
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Ybaservip
· 23h ago
Steadfast HODL💎
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