Im well aware of what bots are man and how they work ... I been trading for over 15 years... I think you miss the point man... its manipulative regardless and IMO should be illegal... over a decade ago I attempted to manipulate a stock price by pushing it up to dump it, pumping massive dollars into it, it literally started a buying frenzy for a stock that was dormant, honestly didn't know at the time how illegal it was, my trading platform froze and my phone rang within 15 minutes to tell me to stop and that i was in breach of trading laws... I humbled my @SS and told them I was sorry and it wont happen again... however I do not understand how BOT trading is any different, I was simply manually doing the exact same thing... again BOT trading is manipulative and should be illegal, if I cant apply the same trading strategy manually why should a friggin AI bot... FFS
BOTS also manipulate oscillators, triggering traders into a buying frenzy, or a selling one for that matter... most of the time BOTs users are huge on shorting stocks... another crooked trading game.. I couldn't stand Kevin Rudd in the day, but in the GFC he put a stop to shorting for a while, that alone just proved to me how crooked the game was, easy to manipulate a stock on the way down, triggering stop losses and alike... SO if they knew in the GFC how manipulative shorting was, enough to ban it for a moment, why should it even be allowed today?
Today I believe fundamentals and technicals need to align to make it in this game to make serious dollars, one needs to keep their fingers on the pulse at all times... ASX is filled with manipulation and insiders ever second of a trading day... this game is not for the faint hearted that is for sure...
IMUGENE CHART. TA only, page-26486
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Last
4.6¢ |
Change
-0.002(3.19%) |
Mkt cap ! $338.4M |
Open | High | Low | Value | Volume |
4.7¢ | 4.8¢ | 4.5¢ | $529.6K | 11.42M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 4277628 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 1422260 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 4281687 | 0.045 |
29 | 3817150 | 0.044 |
32 | 3823500 | 0.043 |
28 | 2233551 | 0.042 |
21 | 2250445 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 1553485 | 19 |
0.047 | 5064278 | 16 |
0.048 | 2008112 | 12 |
0.049 | 2165741 | 12 |
0.050 | 6159220 | 19 |
Last trade - 13.45pm 06/11/2024 (20 minute delay) ? |
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