Replies to post #341859 on SPDR S&P 500 (SPY)

[Vandalayind]

Algos scan for liquidity...that is it.

They don't care a bit what the numbers are.

When people start to sell off...algos gonna be there skimming the cream too.

Real algos watch your order and volume. They don't scan the net. Your broker reports directly to them.

[Vandalayind]

Again you can't understand pay for order flow.

F "the Net"

Clearing houses, banks, and brokers know exactly where everyone's orders and flow are going.

They don't need to scan the internet universe. You are literally telling them in advance.