How can you fail to make money as an algo trader when you can pick up the phone to any ASX company's management at any time and say, we need another few hundred million shares at a discount for our algo operations and said managment always happy to oblige because they always want more capital as they have no ability to every build a profitable business?
Someone ought to write a book: How to turn $50m into $1.5m and make a fortune for a chosen few at the same time.
How can you fail to make money as an algo trader when you can...
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