At least 4 amateur traders keep attempting to unde
Post# of 5318
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Posted On: 02/12/2025 10:22:11 AM
At least 4 amateur traders keep attempting to undercut the first ask - every time they do it a MM algorithm automatically undercuts them - easily spotted by it happening quicker than anyone could place an order manually.
It is best not to put orders on the ask and wait for surges which happen when someone does a hail mary buy across multiple asks to get the next .01 increment break.
So far the ask has been walked down from .0186 to .0163.
Algorithms are also being used on the bid.
It is best not to put orders on the ask and wait for surges which happen when someone does a hail mary buy across multiple asks to get the next .01 increment break.
So far the ask has been walked down from .0186 to .0163.
Algorithms are also being used on the bid.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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