HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
He'll probably just get a warning, but its a slippery slope
HSX definition: Market manipulation may include unauthorized computer program-assisted trading
He admits to using a progam...It helps with his "bulk buys" (I hit a button, it fires multiple requests reads like he hits a button and it triggers multiple trades)
So by the strict definition in the glossary he is using an unauthorized computer program to assist with his trading....there is no distinction between whether he is on while using said program, which is what he is arguing w/regard to his usage.
What might help him is he didn't admit to actual manipulation. But the problem is still with using a program that can trigger trades. One line of code can change it to an auto buy at/auto sell at/etc order. One line of code can add a user or multiple users. One more line of code can trigger buys on all of those users. He wants to get tricky, he can set a delay to individual user lines after an initial trigger buy, which he stated he can do in one of his posts........slippery slope.
But forget that technical crap.....using a program defeats the purpose of this game. It changes this game from a game of skill, identifying market trends, moving logically through situations that pop up, etc to a game of who writes the best program and who has the least moral integrity to use said program in a manipulative way because they can't cut it the way its supposed to be played.
Congratulations....your computer trades better than a bunch of people....great feeling of accomplishment right?
Clarification needed. Sep 19, 12:15
If you use a program to do your TRADING, it is considered manipulation Sep 19, 12:46
I am sure echlan is going to be very unhappy to discover that they just confessed. {nm} Sep 19, 13:12
He'll probably just get a warning, but its a slippery slope Sep 19, 13:40
No biggie. Just a little mod to the spreadsheet to create the links and wait for me to click on each. Sep 19, 15:30
Bulk trading is unauthorized computer-assisted trading and considered manipulation. One click for one trade only. {nm} Sep 19, 13:47