The price of each stock is constantly fluctuating up and down every day, and the underlying reason for this fluctuation is becauseBuy and sell orders are constantly appearing at different price. Buy and sell orders combine to form the stock trend, and at the close, the closing price is formed.

So to grasp the future of a stock, of course you needLook for large or small orders with special meaningto judge its stock price and future trend. But thousands of orders are quickly traded in the market, and as a retail trader, access to information is very limited. You may wonder, where can I find information on a single order for a stock? What kind of “special order” is worth noting? What do they all stand for?

These answers are hidden in Futu cattle's functionDetail by lineinside.

Deal by transaction is OKCapture real-time market action, including the trading price and volume. At the same time, it records historical transaction data can also be usedTrack the actions of institutional traders. This function in addition to being able to giveRetailProvides data more conveniently and is also a great fitBe a short-term friend, because the line in the market points more towards the short-term movement of stock prices.

If you happen to be a trader of both types and are interested in the line-by-turn feature, then look down.

1. How to find and view daily single order transaction data?

Go to the “Optional” page and click on any stock.

The K-line chartTime-sharing ChartIn the interface, click the upper right corner to set, check【Show stroke by stroke】After that, a “trade by trade” will appear on the right side of the candlestick chart.

Click any value to enter[Detail by line]On the details page, you can check the pending order amount, quantity, and ultimately whether it is active or passive for each transaction in a detailed detail.

We take [Nvidia] as an example. In the figure ① below, we can see that the following orders were completed on NASDAQ:

At 05:27:20, there are 5 volume orders in the direction indicated by ↑, which means that the order isActive Buy (Outer Market);

At 05:24:50, there is 25/62 volume, and a total of two orders are indicated by ◆, which means that the order isNeutral Plate;

At 05:24:50, there is 10 volume, the direction of a total order is indicated by ↓, indicating that the order isActive Sell (Inside).

Looking closely, you can also see the sign “l” on the right side of the time, which indicates that the order is a odd lot trade.

You might say that these concepts are too many to remember. No problem, click on the symbol “i” of ②, enter the help center and you can see the meaning of all the symbols.

You may also feel that the information is a bit scattered, except for detailed transit-by-transaction details, it would be better to have a summary overview. Don't worry, Futu Bull can still help you! Just click next to “Detail by line”“Transaction Statistics”, or simply swipe the interface to the right, you can easily viewDaily data overview.

Go to the “Transaction Statistics” page, you can choose the type of trade, trading period and trading date. After selecting, you will be able to view summary, stock count and transaction details.

In the “Transaction Detail” column, you can choose to display the trading price of 20/50/ALL before the trading volume at ①. The right draw can see how many volume of active buy/active sell/neutral order in the transaction order of the corresponding price.

Second, what kind of “special order” is worth noting?

First of all, what information do we need to pay attention to when we open the “trade by item” page?Time, Price, Lot, Buy and Sell. The first three are well understood, let's look at the classification of order types - active buying, active selling and neutral orders.

The active transaction behavior is to occur inThe price of the order hanging is higher than the current priceAt that time, an order will be executed as soon as it appears.

Total number of active buy orders and outsideIt means that the newcomers outside buy in.

The total number of active sell orders and called the inner plateIt means that the inside of the old man sold away.

This time, we have to start to pay attentionNumber of handsThe secret is hidden here: In general,Large orders are in operation by institutional traders; small orders are operated by retail traders.

These large or small orders are the “special orders” we want to pay attention to.

Third, these “special orders” represent what trading behavior?

After understanding the information implied by the order, the traderBy the number ratio of the stock inside and outside the market, the stock price of the high and low price, the stock price of the trend “portfolio” comparative analysis, you can determine the retail and institutions, the dealer's trading trends, so as to determine the trend and potential of individual stocks.

For example:

1, whenThe number of stock's outer plate is larger than the innerwhileStocks are at lowWhen, you need to judge whether it is the agency or dealer in the market. If a lot of stock trading detailsBig Order Trading, then basically it can be judged thatInstitutions, bookmakers buy at a low level.

2, whenThe number of stocks outside the market is larger than the innerwhileStocks are highWhen, it is necessary to determine whether the institution or dealer is pulling up shipments. If the stock is found in the transaction detailsBig sell order increase, then it is likely thatInstitutions, bookmakers are shipping highIf it is in the transaction detailsVery few big sell ordersAt this time follow the windMore retail buyers，Institutions and bookmakers do not intend to ship now，Also shows that the stock is likely to rise，But when the agency、Makers after the stock price will fall trend。

* A stock retail more and more, it shows that retail in the market continue to buy the shares, institutions continue to sell the shares, chips gradually flow from the hands of institutions into the hands of retail, this type of stocks, generally rise more difficult, that is, when stocks rise, retail retail profit out, sell hands The stock, causing the stock price to fall again.

3, whenThe number of stock's inner plate is larger than the outer market, and the stock price is also on an upward trend, then it may be the institution, the dealer is shaking the dish, the dishMost of the active buy orders come from agencies, bookmakers, sell orders are mostly made by retail.

* When stocks of retail fewer and fewer, it shows that the market in a large number of retail sell, institutional funds in the constant inflow, chips gradually flow from the hands of retail retail into the hands of institutions, centralized, institutional control to strengthen, convenient institutional traders in the future pull up, is a good thing.

4. Summary: Detailed functions and risks and further operations

1. Product function: One by one transaction is to monitor price action from real-time and historical quotes, through visual patterns and data statistics, making it easier for traders to obtain key information. Traders can modify their trading strategies using the institutional trader's actions or bulk trading history.

2, suitable for the crowd: it is difficult to obtain market information retail, traders who want to do short-term trading.

3, the use of risk: by order size to determine whether the trader is a retail or institution, the bookmaker approach is not 100% accurate. Because some exchanges now support splitting large orders into multiple small orders.

4. Extension operation: when analyzing, you can use“Distribution of Funds”FasterUnderstand the flow of order types of sizes.After judging the future trend of individual stocks through the “item-by-detail” function, you can view“Real-time Quote”Which transaction price has the largest number of pending orders, in order to lock the support level and pressure level,Determine the right buy and sell ordersfor a better buy/sell operation.