American Bonanza Gold Corp ABGFF

Computer Dominates Trading World

[Leafs007]

Danny D has a good article on computer trading (aka Algo trading) on how it dominates over 60% of trading especially the PM stocks. Computer trading is bad for the market and we could be in this dreadful trend for a very long time. Computer trading will keep PM stocks and other stocks down, down, down. It might be a good idea to get out if you can, and put ur money the authorities do something about this unfair, damaging computer trading. Is there a way to find out what companies are likely to be traded by algo? Or it does not matter to know since algo trade purely on technicals and they switch companies often.I wonder even if bza manages to produce 60k oz per year and increases its proven number, how much will bza gain? Or is this down trend due gold trading at sub 1400 per ounze? What can retail investors do to encourge authorities to put a limit or ban algo trading? If algo continues as it is the only option for retail investors (and institution investors) are to get out of stock market completely and put our money elsewhere. One day, if the trend does not improve this might be the option for a lot of us. Let the computers trade against each other and humans stay out!>