News for hackers. Stuff that matters.
Re:Almost 80% of Private Day Traders Lose Money by nicholas73 on Monday August 22, 2016 @07:41PM (#12340212)
I agree with what you say, and I actually have grown to appreciate what the bots are doing. They basically do the supply/demand discovery for you and you can trade off of this information. Especially for stocks you follow that haven't moved yet.

Example: back in February crude prices crashed, and the weekly EIA reports were very bearish. But the bots bought the initial drop on report release and crude strongly rallied after each bearish report. Maybe that's the time to buy oil stocks :)

There are no comments on this comment yet.