daytrading may 22 morning, page-81

Cornelious, re: algo trading...

Yep definitely front running going on with some of these algo programs... Must be programs reading the orders coming in....

Place any decent order into the bot on the buy/sell depth and often the depth will completely change from the time the mouse is clicked to the order hitting the market..... Been very noticeable over the last couple of years...

Have a friend in a hedge fund in Asia and he said he's noticed front running too by the bots on their trades....

Personally bots don't bother me too much because you can often use the movements to trade against but hate the front running orders... Often have to click the next level up/down on the order to get it.....