I've said it numerours times before, these bots can recognise human traders, i have experienced the exact same thing maybe 200 times, i get hit (like DOWNER EDI today at 3.75) and a prop bid of 150K immediately disappears) and bots take over and slam it down to $3.72. I'm pretty sure that at least 70% of trading is now machine driven (instos and bots) human traders are a dying species. It should be made illegal for instos to cancel large orders once they are placed, they have enough advantages already. Wait till Chi-ex (chicago exchange) lobs here in November, that will be fun and games.
DOM Price at posting:
$2.31 Sentiment: None Disclosure: Held
