RE:ALERT Monday morning lots of SPOOFING illegal before openingLol Claudette, you just change your looks but you sound just as dumb.... Keep opening new accounts every couple day to try to "spoof" people away... lol... why don't you go spoof yourself!
Jackbitcoin wrote: Day Traders will make bogus buy orders with large volumes at the highest possible price so that they can sell their shares to inexperienced small investors who will buy the stock for the highest possible price, but just a minute before market opening false buy orders made by Day Traders will be canceled and then their other buy orders that were made at lower prices will pass. This fraudulent method which is illegal SPOOFING to mislead inexperienced small investors to buy higher into thinking that the price indicated was a good price but immediately after the action of the company drops lower so that the Day Traders buy cheaper.
So for small investors without experience before the opening of the markets, you should place your buy orders much lower than the false price indicated (ILLEGAL SPOOFING) before the opening. So when the stock goes down after the markets open, you will be able to buy cheaper. SPOOFING is illegal according to brokerage firms and your account may be written off and canceled at any time.
See the site that explains everything about illegal SPOOFING
https://www.fxcm.com/markets/insights/what-is-spoofing/