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Yak52

332 Posts.

98

08/01/19

11:59

Post #: 37054829
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Originally posted by Dadof3under5 ↑

Originally posted by Yak52
Well Dado....you must be a day trader! otherwise known as "Scalper". Yep that's the term given to them as it is what they do.

As for your recommendation ,"if I don't like DTs then don't trade KRR'.
Well luckily for all there are "others" here that don't just Day trade.
LTs and Prof traders, Insto's and HNW individuals keep this Company alive & afloat!

I don't like "scalping" for the same reasons I don't trade PUTs or do Short Stocks.
Very negative mindset required for these trades.
I prefer to be positive and see a SP go up not down.

HFT Bots are a "disease" to the Markets and I also include "scalping" in that.
Unfortunately neither are likely to be banned or made "enforceably" illegal.

Yak52
sorry yak I'm not a day trader... If you look back through my posts I was a long term holder of KRC... I got sick and tired of the bots and day traders manipulation of the share price and know exactly how you feel about it... But rather complaining about it on HC because as you say nothing is going to change I stopped trading KRC (at a cost to my back pocket).

For the record I think KRR is a good investment but I just think that once the day traders and bots get onto a stock until the share price, either up or down, becomes to difficult for manipulation it's too hard to make a buck.

Just my opinion mate

Expand

Dadof3under5....….. Sorry dude , I take back my comment re you being a Day Trader. Fair enough comment you made above and I agree with you 100%.
Problem for Asx listed [and others] companies is the damage to normal investors by Day trading[more advanced every year] and HFT Bots [yes 70% of trades now] is becoming breaking point.
The ASX is becoming a place known as where to lose your money regardless of how good you are. A real gambling den.
Companies in the smaller end of the Trading Market could find little or no support and collapse.
Fleecing the general public relentlessly to give to big uptown companies and ASX is not sustainable.
Another case of Technology killing an industry ,not helping it.

Just my opinion.
Yak52

KRR Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $13.75M

Open	High	Low	Value	Volume
1.1¢	1.3¢	1.1¢	$50.58K	4.555M

Buyers (Bids)

No.	Vol.	Price($)
4	479656	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	8224	1

View Market Depth

No.	Vol.	Price($)
22	6200311	0.009
8	28480304	0.008
5	5799516	0.007
6	5100808	0.006
12	8038888	0.005

Price($)	Vol.	No.
0.010	1100000	2
0.011	2390000	4
0.012	1242985	7
0.013	1846567	8
0.014	972413	7

Last trade - 16.10pm 26/11/2024 (20 minute delay)

KRR (ASX) Chart

sp trading, page-29

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Buyers (Bids)

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