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Bullboard - Stock Discussion Forum PC Gold Inc Ord PCGLF

GREY:PCGLF - Post Discussion

PC Gold Inc Ord > On Bots (and house 33)
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Post by opti007 on Sep 21, 2012 3:02pm

On Bots (and house 33)

A little comment on "bots"

007

https://microtrader.com.au/post/3118882335/trading-bots

How can I recognise a bot?

Bots tend to buy and sell in small parcel sizes and often try to sit first in the queue on the bid or offer. If you see lots of little trades appearing at a regular interval on a stock, it’s likely to be a bot.

A bot has appeared on stock XYZ, what does it mean?

Probably not a whole lot. In reality it means a sophisticated investor (experienced trader or investment fund) is using a bot to accumulate or exit a position and are using a bot to do this.

(...) Why do people run bots?

The most common reason is for someone to try and reduce the impact of their trading on the market.

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