A BFP reader emailed me about an article talking about Price being the determinant of future prices of a security. Textbooks and economists have taught us that price is determined by the level of demand and supply. But there is more to it and the reader was kind enough to share with me his experience why aggressiveness can change the entire price dynamics of a security. ————————————— I believe price moves not just because of imbalance between demand and supply. The open auction market (covers anything that traded in the open from stock to pork bellies and orange juice) is nothing but a game of “power struggle”. Buyers struggle with sellers. Just like in animal kingdom, the strongest will overcome the weaker one. Imagine this. How can one lion scare off hundreds of zebras? The zebras outnumbered the lions by a massive margin. The lion only has one edge, it ......