Australia's largest stock trading and investment forum Australia's #1 stock forum

EDE

Click for more information

33.3%

0.2¢ eden innovations ltd

Thanks Trent, Do you know how people use these bots, trading...

First 6 Last

Share
Profile

Follow
isaac1

8 Posts.

08/06/16

14:21

Post #: 17984661
Share

Originally posted by trent87 ↑

Hi Isaac,

Posiedon ark covered this on the 6/6/16 with a really good explanation from a post he had come across. The below was taken from his post #17965140

"funny you should ask. Because I just asked the same question on a different post . Anyway, this was a good reply and explanation by another poster.

Bot as in robot.... basically computers doing trades on behalf of people. they set in parameters and hit the go button. this way they can keep the share price, up, down or sideways as they swap parcels of shares back and forth in nano-seconds.... so it places a lower packet on the market and another bot picks it up.... they do this back and forth lowering the price. same goes for riding it up or putting pressure on stopping a run.
they are easily spotted by the tiny packets traded at odd prices and the start or end of the day.... or generally... really small parcels sometimes less then a notional "minimum" trade. Anything less than <$500 is a bot (robot)"

Expand

Thanks Trent,

Do you know how people use these bots, trading software etc? I thought across the board $500 was a minimum trade?

Again forgive my ignorance.

EDE Price at posting: 24.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

TRE

Toubani raises $10M to see Mali's Koubada Gold Project through to DFS

The Rising Tide: How institutional adoption is shaping the future of crypto

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

SVL

Silver Mines pushing ahead with NSW Bowdens project despite green group setback over power lines

HIQ

Mouthguard concussion sensor tech developer HIT IQ wins second US patent

There are more pages in this discussion • 9 more messages in this thread...

First 6 Last

Add EDE (ASX) to my watchlist

(20min delay)
Last 0.2¢		Change 0.001(33.3%)		Mkt cap ! $8.216M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.2¢	$127	77.53K

Buyers (Bids)

No.	Vol.	Price($)
55	191678441	0.1¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	27387676	19

View Market Depth

No.	Vol.	Price($)
55	191678441	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	27387676	19
0.003	51116248	26
0.004	5341034	5
0.005	303040	1
0.006	1500000	1

Last trade - 10.21am 21/08/2024 (20 minute delay)

EDE (ASX) Chart