easy · Volume Spread Analysis supply-demand-smart-money

In the context of market microstructure, how is a 'weak holder' characterized?

  1. A participant who is easily influenced by news and handles losses poorly
  2. A syndicate operator who steadily accumulates shares on down-bars
  3. A professional trader who manages deep liquidity and order flow
  4. An institutional fund with a disciplined multi-year holding horizon and mandate

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