As someone who has only recently returned to the lions den I am gobsmacked by this algo trading and will not be investing any more hard earned as long as it exists. Two out of three of my first new investments have been tarnished by this "investment method".
I confess to not understanding how it works but know what the results are for the battler as usual.
How have the controlling bodies allowed this virus to infect our trading markets???
Who are the winners from this???
I would appreciate replies of explanation of the process.(last trade at 4.30pm 24093 shares @ $2.336 way above closing???)
Something is very fishy here as Botkiller has alluded to and my sympathy goes out to him.
Is this worth fighting against or not???
Appreciate all input.
asx/asic/algo trading
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