"These small trades are executed by algorithms that are set to slowly accumulate for professional traders and investors over time without impacting the price."
Really? Have you read the book "Flash Boys"?
Below are the last hour's trades today. Look at the number of trades worth less that $10. Total number of trades today up to now is 160. Say a quarter are the small ones. If they are all done by the same guy he would be lucky to accumulate $500. Hardly worth while paying fees for a professional set up just to invest a few pennies.
If you are doing it for yourself, and you are genuinely accumulating then I expect your trades would be bigger.
So who and why these small trades? Read the book.
Today'sTrades (Time in AEST)
Time | TSN | Price | Quantity |
| 13:29pm | 1840253257 | $0.047 | 31 |
| 13:29pm | 1840253253 | $0.047 | 3068 |
| 13:29pm | 1840253246 | $0.048 | 36101 |
| 13:29pm | 1840253245 | $0.048 | 41421 |
| 13:29pm | 1840253244 | $0.048 | 122258 |
| 13:29pm | 1840253243 | $0.048 | 1721 |
| 13:25pm | 1840248949 | $0.047 | 190 |
| 12:52pm | 1840213392 | $0.0475 | 29 | CX | 12:52pm | 1840213390 | $0.0475 | 2841 | CX | 12:52pm | 1840213389 | $0.048 | 11740 |
| 12:52pm | 1840213388 | $0.048 | 180443 |
| 12:52pm | 1840213387 | $0.048 | 4742 |
| 12:52pm | 1840213386 | $0.048 | 659 |
| 12:52pm | 1840213385 | $0.048 | 60208 |
| 12:14pm | 1840171062 | $0.047 | 223 |
| 12:09pm | 1840165113 | $0.047 | 24 |
| 12:09pm | 1840165096 | $0.048 | 734 |
| 12:08pm | 1840164831 | $0.048 | 1018 |
| 12:05pm | 1840160469 | $0.048 | 640 |
| 12:03pm | 1840158122 | $0.047 | 30 |
| 12:03pm | 1840158116 | $0.048 | 1173 |
| 12:00pm | 1840154540 | $0.048 | 501 |
| 11:58am | 1840152578 | $0.048 | 1331 |
| 11:55am | 1840148296 | $0.047 | 22 |
| 11:55am | 1840148289 | $0.048 | 544 |
| 11:53am | 1840146759 | $0.048 | 1176 |
| 11:51am | 1840143983 | $0.047 | 482 |
| 11:51am | 1840143959 | $0.047 | 47500 |
| 11:50am | 1840142223 | $0.048 | 170 |
| 11:50am | 1840142222 | $0.048 | 479 |
| 11:48am | 1840140545 | $0.047 | 32 |
| 11:48am | 1840140525 | $0.049 | 1359 |
| 11:45am | 1840135991 | $0.049 | 516 |
| 11:43am | 1840134079 | $0.049 | 1301 |
| 11:40am | 1840129777 | $0.047 | 23 |
| 11:40am | 1840129730 | $0.049 | 468 |
| 11:38am | 1840127906 | $0.049 | 1340 |
| 11:35am | 1840123882 | $0.049 | 496 |
| 11:33am | 1840122214 | $0.047 | 21 |
| 11:33am | 1840122209 | $0.049 | 1343 |
| 11:30am | 1840117455 | $0.049 | 710 |
| 11:28am | 1840115607 | $0.047 | 22 |
| 11:28am | 1840115580 | $0.049 | 1173 |
| 11:26am | 1840113403 | $0.047 | 1019 |
| 11:25am | 1840111927 | $0.049 | 464 |
| 11:23am | 1840110477 | $0.049 | 1375 |
| 11:20am | 1840105281 | $0.047 | 23 |
| 11:20am | 1840105264 | $0.049 | 524 |
| 11:19am | 1840104368 | $0.049 | 67 |
| 11:18am | 1840103614 | $0.049 | 1583 |
| 11:14am | 1840098854 | $0.047 | 145
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