Hi hatmo, Silly question time, what is the benefit to a 'bot" trade if the s/p rises off the open or the day's low? Is the bot trader pushing it up or trying to go lower with small unit trades? Am I right in assuming that a bot trade is usually attempting to trend the s/p down at little capital outlay to self?
Thanks for a lesson in fundamentals? Cheers.
PS - I like PRG and feel it is indervalued with benefits from SKE (notwithstanding poor margins in the marine area) still to come.
Cheapest Stock ASX200, page-11
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