Flashing spoofer
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superfrank
- Posts: 2762
- Joined: Fri Aug 14, 2009 8:28 pm
yeah, someone was desperate to lay Genny Wren at any price just before the off and seemed to get about £8k matched.
never been sure what the flashing spoof tactic is designed to achieve - it doesn't seem to move the market as much these days as it did in the past.
never been sure what the flashing spoof tactic is designed to achieve - it doesn't seem to move the market as much these days as it did in the past.
Hmmm. Been reading this thread off and on. Are you experienced ones sure it aint one of you....? Come to think of it, it may even be me and I have been winding you all up about my failings 
Afterall I did say I had lost some banks 
. No it aint me but, are you sure it aint one of you. Look within yourselves and be true to your art and come clean
Afterall I did say I had lost some banks . No it aint me but, are you sure it aint one of you. Look within yourselves and be true to your art and come clean We're dealing with charming psychopaths here Jeff. See this:
http://dont-tell-anybody-i-ran-a-tipping-service.blogspot.co.uk/20 ... athic.html
"Top traders have a lot in common with psychopaths, it turns out, and even outdo them when it comes to competitive behavior such as inordinate risk-taking and disregard for others in the pursuit of victory."
http://dont-tell-anybody-i-ran-a-tipping-service.blogspot.co.uk/20 ... athic.html
"Top traders have a lot in common with psychopaths, it turns out, and even outdo them when it comes to competitive behavior such as inordinate risk-taking and disregard for others in the pursuit of victory."
"New research by a Swiss University studied 28 professional traders by putting them through computerized simulations. They compared the results with those of psychopaths, reports German magazine Speigel."
"The result, said researchers at the University of St. Gallen, was shocking even to experts used to studying prisoners. Traders were more ego-driven and tended to take more risks than psychopaths who took the same test, they found."
"It wasn’t enough to win, they said. Traders want others to lose — badly. "It was most important to the traders to get more than their opponents," said Thomas Noll, who runs the Pöschwies prison near Zürich. "And they spent a lot of energy trying to damage their opponents.""
"Imagine a neighbor has a car that is identical to yours, Noll told the magazine."
"The stockbrokers did the equivalent of taking a baseball bat to the neighbor’s vehicle just to make their own look better by comparison."
"The result, said researchers at the University of St. Gallen, was shocking even to experts used to studying prisoners. Traders were more ego-driven and tended to take more risks than psychopaths who took the same test, they found."
"It wasn’t enough to win, they said. Traders want others to lose — badly. "It was most important to the traders to get more than their opponents," said Thomas Noll, who runs the Pöschwies prison near Zürich. "And they spent a lot of energy trying to damage their opponents.""
"Imagine a neighbor has a car that is identical to yours, Noll told the magazine."
"The stockbrokers did the equivalent of taking a baseball bat to the neighbor’s vehicle just to make their own look better by comparison."
The results are hardly surprising, although I don't mean that as a criticism of traders.
An analogy. If you're a professional footballer, you're going to play to the best of your ability for your team. That might include dummying and using tactics that your opponent finds offputting. You are going to celebrate when you score, and not spend too much time thinking about the fact that you might have just ruined someone's day. You might even gain some pleasure from the pain you inflict on a rival team.
Does that make you a bad person or someone with a screwed up moral code? No. What's the alternative? For you to patronise the other guy and let down yourself by not giving your all?
The fact is that you don't make money in the market unless you're taking it out of someone else's pocket. Anyone who isn't comfortable with that shouldn't trade...
Jeff
An analogy. If you're a professional footballer, you're going to play to the best of your ability for your team. That might include dummying and using tactics that your opponent finds offputting. You are going to celebrate when you score, and not spend too much time thinking about the fact that you might have just ruined someone's day. You might even gain some pleasure from the pain you inflict on a rival team.
Does that make you a bad person or someone with a screwed up moral code? No. What's the alternative? For you to patronise the other guy and let down yourself by not giving your all?
The fact is that you don't make money in the market unless you're taking it out of someone else's pocket. Anyone who isn't comfortable with that shouldn't trade...
Jeff
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giulio2010
- Posts: 962
- Joined: Sun Sep 12, 2010 9:11 am
The flashing spoofer almost caused a big loss today...I was lucky not to close my position when the price started to go up, I was quite a lot in red within seconds, then 2 minutes later the price dropped again and closed with a nice profit...
Have you guys had any problem today?
Have you guys had any problem today?
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steven1976
- Posts: 1744
- Joined: Tue Jan 19, 2010 6:28 am
I wouldnt say I had problems but I did notice him around flashing up about 7gs on the lay side around 10s on a couple of races that I participated in. I just carry on as normal when hes around.
Did anyone notice somebody large bets being flashed and chasing the price up/down?
Unlike the spoofer this looks more like a bot that's programmed to be a tick chaser.
Most prominent activity noted on all races at Cheltenham so far. It appears on the 2nd and 3rd fav in the last 5 mins. Bet sizes will vary from 2k, 4k, 5k and it'll flash on/off like a blinker.
Unlike the spoofer this looks more like a bot that's programmed to be a tick chaser.
Most prominent activity noted on all races at Cheltenham so far. It appears on the 2nd and 3rd fav in the last 5 mins. Bet sizes will vary from 2k, 4k, 5k and it'll flash on/off like a blinker.