What a Market Maker Actually Does All Day (From a Former NYSE ARCA Market Maker)

This post was originally published on this site

What does a market maker actually do all day? A former NYSE ARCA market maker opens up the most hated job in trading – the myths, the money, and the fear.
Episode 1 of 8 — binge the full free series: https://www.youtube.com/playlist?list=PLH6WUAte2cRw

📗 FREE: My Complete TA Ultimate Beginners Program
→ https://krown-trading.teachable.com/p/ta101

⬛ Build Your Own AI Trading Agent For FREE — Full Tutorial
→ https://krown-trading.teachable.com/p/cpro

🟪 Unlock My Indicators & Programs
→ https://krown-trading.teachable.com/

🔵 COINBASE: $250 Deposit Bonus + 80% Trading Fee Reduction
→ https://coinbase.com/aff/krown

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

🏔️ Join the Cave (Discord)
→ https://discord.gg/3PJDRbYw44

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

What you’ll learn: what a market maker actually is and the obligation to quote both sides of the market all day, how the bid-ask spread becomes the paycheck (small edge, enormous repetition), a day in a market maker’s P&L, adverse selection – the real fear on the trading floor – and why every fill got hedged within seconds, what happens to markets when the makers step away (the May 6, 2010 Flash Crash), the three market maker myths graded one by one, who actually hunts stop losses and why it’s structural, the modern machine live on the Coinbase order book, and how to use maker fees to get paid like one. Homework: watch the best bid and offer for 60 seconds and comment how many times they update – first 50 graded.

INSIDE THE MACHINE — the 8-part series
The job (market makers) / What moves price / Liquidity / The hunt (stop hunts) / The tricks (manipulation) / The fill (execution) / The cascade (liquidations) / The tape (order flow). New episode every Sunday.

ABOUT THIS CHANNEL
Eric Krown is a former NYSE ARCA options market maker with 15+ years of experience. This channel delivers daily Bitcoin and macro market analysis using a systematic five-layer framework: Trend, Volatility, Structure, Momentum, and Risk — the same methodology used on the trading floor. No hype. Data-driven analysis with proof of trade.

This content is for educational and entertainment purposes only. Not financial advice. Trade at your own risk. Do not trade on any exchange that prohibits trading from your geographical region.

🔔 Subscribe free — the next one finds you: https://www.youtube.com/@ECKrown?sub_confirmation=1

#MarketMakers #Trading #StockMarket

CHAPTERS
0:00 Everyone blames the market maker
2:00 The series: how markets actually work
3:36 The job: quote both sides, all day
5:24 The spread is the paycheck
6:55 The money moment: a day in the P&L
9:27 The fear: adverse selection
12:06 Flat as a religion: hedge everything
14:00 Why markets need market makers
16:28 The myths, graded
18:23 Who actually hunts stops
21:03 The modern machine, live on Coinbase
23:29 What this means for you
25:54 Lock it in
26:49 Homework: watch the order book breathe