Thursday, March 04, 2021 1:49:24 PM
Practically all orders of CDEL are FAKE meaning they are computer-generated.
Let me explain. Say I put an order to sell 2 million shares at the bid now at $0.011 and the order goes to CDEL. If CDEL sells at that price then CDEL will make no money. So CDEL computer will devise a strategy instantly in milliseconds to create a market where they can sell those 2 million shares say at $0.0112 or $0.0113 and give me my $0.011 and keep that little spread for themselves.
So all the orders you see by CDEL are fake in the sense which the computer creates to execute our buy/sell orders that we put while keeping a tiny profit.
If it will execute the orders at our buy/sell price then it won't make money.
Other MM's are also using computer algo but no ones come close to CDEL and CDEL is 100% computer-controlled. There is NO human making a decision for each trade. Human engineers are tweaking the algo 24/7. They have 3 shifts for algo engineers running 8 hrs shifts.
These are not my opinion but fact. I know it first-hand. NYMEX employed a $350 million TMS (trade management system) that took 5 1/2 yrs to develop/deploy. I was the head for that development/deployment the last 3 years from 1996-1999.
Let me explain. Say I put an order to sell 2 million shares at the bid now at $0.011 and the order goes to CDEL. If CDEL sells at that price then CDEL will make no money. So CDEL computer will devise a strategy instantly in milliseconds to create a market where they can sell those 2 million shares say at $0.0112 or $0.0113 and give me my $0.011 and keep that little spread for themselves.
So all the orders you see by CDEL are fake in the sense which the computer creates to execute our buy/sell orders that we put while keeping a tiny profit.
If it will execute the orders at our buy/sell price then it won't make money.
Other MM's are also using computer algo but no ones come close to CDEL and CDEL is 100% computer-controlled. There is NO human making a decision for each trade. Human engineers are tweaking the algo 24/7. They have 3 shifts for algo engineers running 8 hrs shifts.
These are not my opinion but fact. I know it first-hand. NYMEX employed a $350 million TMS (trade management system) that took 5 1/2 yrs to develop/deploy. I was the head for that development/deployment the last 3 years from 1996-1999.
Fools argue to win, so stay away from them and still say Thank you.
Smart people argue to seek the truth and say "Thank You" when they find that they are wrong.
