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Couldn't there be automated traders waiting to jump in if the price changes, rather than having orders on the books? (I know they exist, I just don't know wheth
by paulgb 12y ago
Couldn't there be automated traders waiting to jump in if the price changes, rather than having orders on the books? (I know they exist, I just don't know whether they would appear in the order book)
- jcfrei 12y agoAt the current levels of volatility it's probably not a good idea to keep a lot of open orders - unless you can watch the markets 24/7. Automated traders would likely wait for a significant price change and then execute a market order or just place an order on very short notice.