How brokerages attack stop loses; be aware of trading
Today, if you observe the tape, four minutes after opening, we saw a morning spike then an "induced sell off". A professional broker wanted the 14,600 shares at $11.64 shares offered for sale by an RBC client using a "stop loss". That alone was a $170K trade "scooped" by the "masked bandit" (a brokerage trader using the anonymous flag to hide their identity).
Very easy to see who the pro and the non-pro was in this one big transaction.
Using stop loses on volatile stocks like Aphria could make you give up your shares to these so-called "professionals" at the perfectly wrong time.
Time | Exchange| Price | # changes | Buyers | Seller
| 09:34:04 | T | 11.64 | -0.26 | 14,600 | 1 Anonymous | 2 RBC | K |
Be alert our there people. These are not friendly waters. The bandits want to make you sell at these lows before the next run up.