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Re: None

Thursday, 05/18/2023 10:20:47 AM

Thursday, May 18, 2023 10:20:47 AM

Post# of 172025
@delerious1. You speak of HFT sometimes. Dunno if this was an example of HFT but it was FAST!

I happened to have been watching L2 on another ticker and saw this:

BUY=427,240
Trade #21
09:33:41
@.00089 ($381.00)

And then the very next trade (which happened quickly) was this:

SELL=427,240
Trade #22
09:33:42
@.0009. ($385.00).

ONE TICK UP=+$4.00

"FLASH BOYS"-Michael Lewis

In the book, Lewis claimed the market was rigged in favor of high-frequency traders, who use sophisticated computer algorithms to execute orders at very fast speeds.


Just wanted to mention that.

GLTY

Hey!! My posts are just MY OPINION(S) AND MUSINGS at the time of posting them and are subject to change, okay?