Inventory

Markets, lesson 10

Shares you never chose to hold, and how far to lean your quotes.

You know your P&L is the spread you earn plus the shares you hold times how far value moves.

Part 1. Feel the inventory

A whole simulated day of GULL, 2,000 steps, with only uninformed traders. Watch how many shares you end up holding, then lean against it.

Hold, then leanLive

Nobody chose those shares for you. They arrived one trade at a time, and every move in value landed on all of them at once.

Keep going with Pro

You've done the first part. Pro opens the rest of this lesson, and every other one.

Still to come