SDL 0.00% 0.6¢ sundance resources limited

standoff, page-62

  1. 1,107 Posts.
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    G'day lplaye

    When trying to identify whether a Bot is buying or selling, you need to take a look the price traded, and the price of other trades surrounding the Bot.

    As an example lets say Buy side is 18.5c and the Sell side is 19c.

    If the Bot parcel of shares were traded at 18.5c, it indicates that he was selling, because the highest price he could offload his shares at were 18.5c (without sitting in the que for 19c).

    If the Bot's parcel of shares were traded at 19c, it indicates that it was buying, because 19c was the cheapest shares could be bought (without sitting in the que for 18.5c).

    So there you have it. I am not an expert in Bot's, and others her probably know a little bit more about them then what I do, however common sense and logic tells me that the above is how they operate.

    Cudai, your investment strategy seems creditable.
 
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