Spoofers and WOM

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steven1976
Posts: 1744
Joined: Tue Jan 19, 2010 6:28 am

Hi all,

Ive read somewhere about "spoofers" who are people that place large bets on either side of the market to either try and make newbies following suit and betting on the same selection thinking that such a big bet they must know what they are doing or for the purpose to upset a few peoples strategies that depend upon Weight of Money.

I have two questions;
This type of spoofer how many ticks outside the current price would you expect them to place the bet to safely be able to cancel it?

In order to avoid spoofers bets, could the WOM just on the next nearest 4-5 ticks be calculated to give a more true indication of how odds could move depending upon WOM if no new money came into the market?

thx
Steven
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