I don't think that the bots make too much difference. The bots...

  1. 3,625 Posts.
    lightbulb Created with Sketch. 139
    I don't think that the bots make too much difference. The bots are just doing the work of the big player. The big player would just do it all manually anyway, if he didn't have bots. As the share is going up, if too many buyers arrive , the big player sells to the small players ( buyers) or he simply lets them buy up all the shares from other sellers, (to do that he instigates a rise, so that buyers step up to the plate , and buy at higher prices) , and then he plunges the share price lower , and then buys those same shares back at lower prices. He does it all the way up the chart. He would do it if he had bots or not. And a similar strategy happens at various points on the way down. It is way more complex than that , and he has to conform to whether or not a share is overbought or oversold. Don't be overwhelmed by the bots. They are not that powerful, and they don't interfere with the general trend of the chart. Just learn to read the charts (easier said than done though). You have either got to recognize the bullish trend before it starts , or learn the signs of a what is likely to be a sustained rise. Others may help you with that. There are shakeouts everyday on every chart, so you need strong signals that enable you to tolerate those shakeouts in order to stay in. But if you have only been trading 2 months , then recognizing the things that you are seeing is the first step. All the best. Lots to learn. Take care.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.