I have been watching the DOM (depth of market) in combination with market orders lately and was wondering if the following statement is really that simple:
The only thing that can eat limit orders are market orders. So if limit orders keep getting in at a level this level will never break (unless the limit order party gives up or has all his orders filled).
I appreciate your thoughts on this matter.
A quite simple question, but i have a hunch it is not that simple :)