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myASX

5,675 Posts.

340

06/02/18

12:05

Post #: 30852244
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Originally posted by VYR ↑

Hi H dog

Are algorithms really about moving the market or are they about following the market.

My experience is that you can lead them like a dog.

Buy and they will trend upwards.

Sell and they will trend downwards.

If someone is trying to exit a big position they wouldn't be using bots. The bots would be able to read what is happening and would make it harder for them by driving the price lower.

When the big boys are exiting its normally driven by market cap and covenants not fundamentals.

If the bots help drive the price down they are helping the fundamentalists make a killing.

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You can’t put them all in the same basket.

There are thousands of programs for trading and investing for long and short.
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