treggs, you are spot on. By placing stops you are effectively advertising to market maker on how to be taken out by the wipsaw bot. This is not just on SPI its on FX and commodities too. You only have to compare their tick data to realise they control the highs and lows of intra-minute data and can move it against you for brief periods.
help - index trading sucks so far, page-40
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Last
8,212.2 |
Change
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Mkt cap ! n/a | |||
| Open | High | Low |
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| XJO (ASX) Chart |