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Lurker3

06/27/24 4:17 PM

#195288 RE: XenaLives #195284

The biggest bunch of horse pockey are all ur posts.

No its not a conspiracy its a proven fact
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Chart Reader

06/27/24 4:57 PM

#195292 RE: XenaLives #195284

You are not thinking.

Computers and algorithms do "about" 70% of all trading but it is not one entity but many, meaning they are not all trading the exact same way. They are not trading in conjunction with one another.

In addition, they do a lot of day and short-term trading which does not affect the mid and long-term of any one stock.

Nonetheless and generally speaking, they do trade much alike (meaning that chart and support levels are big keys for them). On the other side of the coin, one computer or one algorithm can give one support or resistance level more or less importance, depending on their programing. Programing is decided by the company and its tech traders individually, meaning that hedge fund A will have importance to one thing and hedge fund B will give different importance to the same thing.

Having said ALL of the above, knowledge is always valuable and knowing the basics of what computers and algorithms do is always a plus. With the information in your hands, you can then put in your own way of trading and your own information and come up with a plan that works best for you. If you do not use the information about how the computers and algorithms work and what are the basis levels that are important to them, you will find yourself among the people that don't have an edge over others and that usually means you will be among the losers.

You need to keep in mind that every single entity that is trading in the market is doing it for the profits involved and that means that for every single winner there has to be a loser. Do you want to have the edge and hopefully be among the winners, or the opposite.

By the way, you should be grateful that you are getting this information from me. It has taken me most of my lifetime (including a lot of bad times and losses) to learn this and I am giving this advice free to you. It is simple and general advice but it is knowledge that you probably will not get anywhere else.

Having said that, for this post of yours all I can say is that a lake is nearby and perhaps you should go and jump in it!!!
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Ppastis

06/27/24 6:11 PM

#195297 RE: XenaLives #195284

Chartreader … he had a short existence ???
Alias of Teddie maybe ?
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Mdk1

06/28/24 9:43 AM

#195327 RE: XenaLives #195284

How these criminals operate ... with trading algorithms installed to ensure the PPS continuously declines! ... Maybe 10,000,000 shares get bid on in day, and only 1000 of them get actually sold !
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" My company gets naked shorted by RBC and Credit Suiss every day. The issue isn't so much the short, it's their trading algorithms trying to manipulate the price of our low volume small tech stock.
They will flash a bid for 50,000 shares for 1cent below the current ask.
Then as soon as someone bites, they have such fast order execution, that they fulfill like 100 of the 50,000 shares before canceling their order.
Then they repeat, minute after minute, flashing huge orders 1cent below market price. Driving it down, over and over trying to meet their short position.
We are a small Canadian tech company, and are being destroyed by the banks and the exchange. We are struggling to complete a financing because of the chronic algorithm attacks by short sellers who know nothing about the company, and are purely executing the fuckery based on automated technical analysis because there's no regulation stopping them.
My companys stock dropped 20% last week from rbc fucking around. Our CFO has written formal complaint to the venture exchange, and their response is that their current policies are good for overall liquidity.
The exchanges and the banks are in it together, the incentive systems are broken, and regulation is needed badly. "
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Quote
So this only works on low volume stocks:
In any low volume stock, you're going to have shareholders that are tired of waiting for volume to go up.
Let's say there is 1 person with 10,000 shares who wants out.
And let's say the stock is at $1.00. And the Algorithm takes a short position at $0.90.
Algorithm then puts a bid for 50,000 shares for $0.99. The existing shareholder says "great, I'll sell my 10,000 shares for $0.99". So they try and sell their 10k shares.. but when they hit the sell button, the Algorithm is able to pull the order incredibly quickly, so only 100 of the 10,000 shares actually get sold.
Then Algorithm posts another bid at $0.98 for 50,000 shares. And repeats the process Over and over and over. Maybe 10,000,000 shares get bid on in day, and only 1000 of them get actually sold.
Existing shareholders see the downward momentum, and start selling, feeding the Algorithm until the stock is below $0.90, and exit their short.
Then... repeat until company has no value.
Again, this only works reliably on low volume stocks, and if naked shorting wasn't possible, then the Algorithm would never be able to get a significant enough short position to make the whole process worthwhile.
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https://www.reddit.com/r/economy/comments/ul0cl5/naked_short_selling_the_truth_is_much_worse_than/