Yes, that's what I've seen. That it's never a buy or sell order...

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Ibza

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25/02/24

11:29

Post #: 72582215
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Originally posted by minoil: ↑

Bots, and their behaviour remain a complete and utter mystery. I don't think anyone has ever come up with a satisfactory explanation. You would need access to broker data and the registry, or the relevant director, in order to see the daily movements.
As for the " 1 share" conspiracy theory, it too is rarely backed up by fact. In most cases ( and from personal experience), it happens when a bot simply adjusts the relevant buy/sell to obtain the price it wants in the match. It's basically just queue jumping. I'm guilty of doing it in the open/ close chook raffles, but, certainly not grubby enough to leave someone with 1 share, it is indeed infuriating. Stick to your guns and sometimes you can beat the bot, sometimes not, it's a matter of watching the live depth to determine if the player is a bot, or human, but, it's a risky game. The bot can instantly adjust its order to achieve its aim, usually by being 1 share out, so, it's not that a bot bought/ sold 1 share, that argument doesn't stack up imo

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Yes, that's what I've seen. That it's never a buy or sell order of 1 share, but 1 share becomes the leftover traded. I used to think that the bot does it to fix the closing price in order to not let a share price increase, and the result being;
- shareholders get frustrated, capitulate and sell to the bots
- people don't buy because the stock is seemingly going nowhere
-> so a small retrace occurs while the hungry bots chomp up the supply and accumulate

It also happens in the reverse sometimes and the bot wants to keep the closing price high.
4 Upvote

0 Great analysis

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