RE: Dodgy figures8 Mar 2023 16:07
And the classic set, have seen this one and only if your viewing though an
upper level system , will you be confident of what was either
5 mm's one on each limit, the other 3 either side of the mid price listed
in reality the one below was an ask , the two above bids.
The two extremes exhausted their supply, leaving the 3 in the middle, as the prices
still within the algo's range, happy as a pig in ****, does not adjust, to the now in
reverse narrow spread, mislabels every trade.
The two principles on the bid and ask return and resume trading , labels as buy and sell
probably safe for those two, the 3 in the middle, incorrect , wrong side of its mid all day
long.
More GUESSWORK prints on sites like this one incorrect than correct , on every share,
every day giving rise to many an unresearched poster crying things like, we have 6 times
the buys to sell and have not moved, mm dirty tricks etc etc
When in REALITY, the price is flat as the trading volumes are actually pretty even.
Guess labels, distort all the stats and as much use as a chocolate fireguard. GLA