ok neilk--here is how it works preopen prices on the bid and ask create an indicative price, under the asx electronic process the prices at the top end of the queue just create eligibility for the right to sell or buy they are not the actual buy and sell price,that is set in the opening process and the indicative price is usually close to the mark.
there will be a battle to gain superiority in theory anyway,
reality on smaller stocks the biggest player will determine direction,anyway to continue the big players are looking to either sell or buy and create price and liquidity that are likely to meet their objective this is acheived through front running with relatively small parcels,they sell and buy the quantities are determined by the spread in price and controlled by volume.
this allows them to buy significantly below market price while selling in at market price.
your mission is to beat them,it is unlikely you will do better,they dont always win the financial position of hedge funds can be precarious.
google ---the trade its all about algorithmic trading after
you have done this you will realise how much share trading has changed in the last 3-5years.
posters who spend their time on ridicule evidently need a stage,keep reading you will be better educated
BNB
babcock & brown limited
