Bots aren't objectively nefarious, in fact basically every buy and sell by a major institution is done by a computer.
Instos find companies, they do their numbers, the pick what they want to invest, then their on market purchases and sells are done within the framework of the predetermined risk/reward criteria that is programmed into the algorithm controlling the bot.
As an example, a retail investor can have an entry target of 20c into a stock... the stock gets down to to 20.5c from 25c, the investor can just say, "close enough," and buy there. Funds are not afforded that level of risk-taking ability. The bots operate specifically within their predetermined risk parameters and buy in the most optimum fashion.
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16 | 9979414 | 0.008 |
11 | 8341133 | 0.007 |
6 | 3283500 | 0.006 |
4 | 1960000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
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0.011 | 5357991 | 9 |
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