1. Most Discussed
  2. Gainers & Losers
TCN 4.7¢

Ha $69,000 is not small... 12/10/2016, 19815095

  1. Ha $69,000 is not small change for me either! Just the more I research the more I realise that the vast bulk of share trades (i.e. by $ value) are conducted by those managing large amounts of money. Though this is probably not the case for much of the TCN trades.

    As for observer effect, I can't help but think about what impact my decisions have on the market price. Obviously if I put a bid on BHP there is almost no impact, however, that is probably not the case for TCN. Apparently even an increase in people googling a company can then be fed to a trading algorithm that can act on the data. I don't know what % are bot trades on the ASX but I think the number is higher than most realise - though I really don't think it matters much for long term investors.

    Which leads to my last thought - How do day traders make a small fortune?......... Start with a large fortune! No offence to day traders but it is a tough game against algorithmic trading and HFT platforms.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top