Kardec Trader breaks down aggressive versus passive orders in trading. Aggressive buyers hit the ask price while passive buyers place orders off the market depth to provide liquidity. Passive orders can pop up around key price levels.
There's aggressive orders and there's passive orders. Aggressive buyers buy on the ask. If you are an aggressive buyer, you will pay whatever the market wants for that particular security. Aggressive sellers sell on the bid. Passive buyers, they're maybe not hitting the bid, they're maybe not hitting the ask. They're a little bit different where they're not on the depth of market. They're popping up. As we hit a certain key level, the passive sellers are providing maybe liquidity. They're offering more sell orders coming here that are popping up, popping up that maybe aren't hitting the ask, maybe aren't hitting the bid, but they're now popping up from the sidelines. And that could also be seen, and that could also be red.
