churn, churn, churn, page-3

Churn is also what bots do to make a quid.

Everyone has complained about the bot action on ASX200 stocks particularly, but they are earning their masters keep.
I see no conspiracy theory in these large accounts churning, as it matches the bot action.

Redbacka's explanation of hte bot trading is aas good as it gets imo - (this is the 'normal' bot trading of course.
They are 'probing' for the price at which market participants will come in and either buy or sell, whilst making their own profits.

If there were more buyers stepping up on a stock, the bots wouldn't be able to push the price down - but why pay $2.20 if you can pick them up at $2.10 is hte bot programming mentality.

Not going to get drawn into an argument over churn, nominee accounts or bots - but ask redbacka for a more eloquent explanation of why churn occurs naturally perhaps.