Tag: manipulation

The big backer

The big backer

If you are active on the markets, then I am sure you may have seen this character around. If not then they appear fairly regularly recently, either trying to get filled at a certain price or just deliberately trying to stop the price from moving. I think it’s an odd strategy, as dipping in and around the markets is like playing poker. You don’t want to show your hand!

When somebody shows their hand like this then it’s an …

21/05/2011 | By More
Eboring

Eboring

OK the racing has been entertaining, but the trading has been less fulfilling and lacked a bit of spark about it. This is probably due to a participant(s) in the market that is causing grief for quite a few traders.

On Tuesday I seriously underperformed in light of this activity, but on Wednesday I turned it around having monitored the activity. I think that’s the problem with this tactic, it is easily exposed. We put the autotrading spreadsheet on …

19/08/2010 | By More
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