BRN Discussion Ongoing

[AusEire]

the founding member group was started off by @AusEire, well done Mate

Thanks mate I can take credit for that but TSEx is all @zeeb0t

 

[Reuben]

Thanks mate I can take credit for that but TSEx is all @zeeb0t

 

[AusEire]

I have never felt like a threat to the established authority before, though at times I actually was, but did not know it until much later.

Maybe the 1,000 Eyes Club can be the catalyst for change on the ASX.

My opinion only DYOR
FF

AKIDA BALLISTA

I see a movie coming out of this many years from now!

A movie will need to be thought of

Akida Ballista maybe?

 

[VictorG]

Epic Bot Battle

 

[windfall]

"Usually they're just pinging away in the background and don't affect price much."

Here in lies the problem a fair market is always fair not just usually. If you went to a public auction sale and the auctioneer slammed his hammer down before the first bid was publicly made and said 'Sold to the bot that no one can see' you would immediately call foul. No difference at all here. A fair market provides an equal playing field. A fair market does not have classes of fairness.

My opinion only DYOR
FF

AKIDA BALLISTA

My post was a response to the complaint about small value trades. Instos accumulating or distributing large orders in small chunks (like $10 every 30 seconds over 6 months) is perfectly legal. In fact it's a good thing. If an insto sold a holding of $10 mill in BRN in one chunk, you can imagine the chaos that would ensue. Even if they broke it down into $500k lots, it would affect the price and volatility enormously. It could easily trigger a crash. Instos pay low or no brokerage in return for their high turnover. If you or I were turning over $100's of millions each day, we'd be offered the same deal.

The illegal stuff is something we have no control over. Retail traders just have to work within the constraints it imposes. What other choice is there? In any case, it's not always instos doing the wrong thing. Some of the bigger retail traders would manipulate the depth and message boards, I'm sure of it.

 

[Fact Finder]

My post was a response to the complaint about small value trades. Instos accumulating or distributing large orders in small chunks (like $10 every 30 seconds over 6 months) is perfectly legal. In fact it's a good thing. If an insto sold a holding of $10 mill in BRN in one chunk, you can imagine the chaos that would ensue. Even if they broke it down into $500k lots, it would affect the price and volatility enormously. It could easily trigger a crash. Instos pay low or no brokerage in return for their high turnover. If you or I were turning over $100's of millions each day, we'd be offered the same deal.

The illegal stuff is something we have no control over. Retail traders just have to work within the constraints it imposes. What other choice is there?

You do know that there was a stock market before bot trading and in fact it functioned successfully for years. This need for bots only came about because of a desire to increase profits for the large institutions and the privatised ASX.

There is no advantage whatsoever to a long term retail investor. Legal or not bot trading is not being undertaken as a public service that is a complete nonsense. It is driven by one thing a desire to make short term profits.

The overall economy of a country would be much better served by the deployment of capital into value adding enterprises creating employment and products that people need.



My opinion only DYOR
FF

AKIDA BALLISTA

 

[Zedjack33]

I see a movie coming out of this many years from now!

A movie will need to be thought of

Akida Ballista maybe?

I am of the same opinion.

 

[Fact Finder]

You do know that there was a stock market before bot trading and in fact it functioned successfully for years. This need for bots only came about because of a desire to increase profits for the large institutions and the privatised ASX.

There is no advantage whatsoever to a long term retail investor. Legal or not bot trading is not being undertaken as a public service that is a complete nonsense. It is driven by one thing a desire to make short term profits.

The overall economy of a country would be much better served by the deployment of capital into value adding enterprises creating employment and products that people need.



My opinion only DYOR
FF

AKIDA BALLISTA

Here is a biased, unbiased view of what bot trading means from the point of view of market equity. It has some interesting verifiable numbers in it and as I say has a stated bias that you can find easily because the authors admit it.

Which Trading Bots are even Profitable?

What the bot developers don’t want you to know

towardsdatascience.com

My opinion only DYOR
FF

AKIDA BALLISTA

 

[buena suerte :-)]

Here is a biased, unbiased view of what bot trading means from the point of view of market equity. It has some interesting verifiable numbers in it and as I say has a stated bias that you can find easily because the authors admit it.

Which Trading Bots are even Profitable?

What the bot developers don’t want you to know

towardsdatascience.com

My opinion only DYOR
FF

AKIDA BALLISTA

WOW ... That's some serious info and reading! will get to it later when I get a bit of time ..looks very interesting, thanks again FF chat soon ..... Are you in the Footy tipping for a bit of fun?

 

[Fact Finder]

WOW ... That's some serious info and reading! will get to it later when I get a bit of time ..looks very interesting, thanks again FF chat soon ..... Are you in the Footy tipping for a bit of fun?

No I lost interest when North Sydney disappeared. LOL You are probably too young to even know who they were but they lasted as long as Newtown which no doubt does not help you in the slightest. FF

 

[mototrans]

Relax that was just the prototype and due to a manufacturing flaw some did not work which led to all the bad publicity.

Checking the numbers your one was OK. If you send me a cheque for $1,500 with the prototype I will give you $1,000 as a trade in valuation and send you the chromium plated numbered edition which retails for $3,500 as a one off loyalty discount.

We do have the Gold plated limited edition one of only one hundred numbered personally signed by Mr. Brock himself units at $10,000 plus security shipping costs and a certificate of authenticity but they are going so fast they are unlikely to be still available when you receive this communication.

Kind regards
John “Never give a sucker an even break” Smith

LOL
FF

REPORTED - for ramping ... don't you dare bring that kind of talk over to the Polarizer Thread.. !

Years ago i met a lovely young lady and we proceeded to date.. i did all the right things and she became my girlfriend and we travelled back to her home town to meet her parents.. her parents and friends had the typical familial nickname for her but one other nickname struck me odd.. after a few drinks at a local bar an inebriated bloke asked me if i was "Footy's boyfriend"..

i was a little unsure.. but replied yes.. i think so .. I did ask where the name came from and didn't find out for at least 2 years later, well after she had become my wife... when at the same country town, that same drunk bastard filled me in... it appears, footys get passed around by footballers..

My point being, those fkrs at TMH and Nanalyse serve to remind me of that one drunk idiot... focused on the history in a bid to undermine and rob me of today, and to negate the merit of the person that she is today. Mostly i think the poor bastard was just jealous!

 

[M_C]

CarExpert.com.au: Ford places EV and ICE cars into separate divisions.

Ford places EV and ICE cars into separate divisions

Ford is becoming two but staying as one, with its EV and ICE arms to operate as separate business units but with some shared functions.

www.carexpert.com.au

 

[gilti]

234 trades in the last 5.45 minutes before 4.00 were for 12 or less shares.
Don't try and tell me this is good for my shareholding.
It is blatant scullduggery by the big end of town to manipulate the price and
screw retail shareholders. A further 63 trades in the same time frame were for
less than $500 so again not retail. This means that 297 of the last trades were
anti retail. Sign the petition to ban bots that is floating around. I have had a
gutsfull of being shafted by parasitic scum!

 

[Mugen74]

No I lost interest when North Sydney disappeared. LOL You are probably too young to even know who they were but they lasted as long as Newtown which no doubt does not help you in the slightest. FF

Ahh The Jets I miss em.

 

[flight11]

Imagine if I could attach a hose to ASX and hose money into my bank account. That's effectively what bot trading does. It should be illegal.

 

[Fact Finder]

REPORTED - for ramping ... don't you dare bring that kind of talk over to the Polarizer Thread.. !

Years ago i met a lovely young lady and we proceeded to date.. i did all the right things and she became my girlfriend and we travelled back to her home town to meet her parents.. her parents and friends had the typical familial nickname for her but one other nickname struck me odd.. after a few drinks at a local bar an inebriated bloke asked me if i was "Footy's boyfriend"..

i was a little unsure.. but replied yes.. i think so .. I did ask where the name came from and didn't find out for at least 2 years later, well after she had become my wife... when at the same country town, that same drunk bastard filled me in... it appears, footys get passed around by footballers..

My point being, those fkrs at TMH and Nanalyse serve to remind me of that one drunk idiot... focused on the history in a bid to undermine and rob me of today, and to negate the merit of the person that she is today. Mostly i think the poor bastard was just jealous!

Yes jealousy was probably the motive. But here is a thought. Minus the nickname a fellow I worked with and thought of as a very good friend was inclined to that sort of commentary about young ladies I was friendly with from time to time. Years later I meet him at a court in Sydney and in our discussion I was surprised to discover he was gay. Perhaps you had a missed opportunity with this fellow. LOL FF

 

[Fact Finder]

The following is from a research paper. Inexplicably they have not mentioned Brainchip's AKIDA and I say inexplicably because of their final conclusions as to what is needed at the edge:

C. Neuromorphic applicative landscape: future directions

The purpose of this section is not to provide an extensive overview of the whole applicative landscape of neuromorphic systems, but rather to outline some of the most promising current and future use cases. These high-potential use cases are mainly at the edge, where low-power resource-constrained devices must process incoming data in an always-on, event driven fashion. Furthermore, in all of the applications described below, on-chip learning will be a key feature to enable autonomous adaptation to users and environments.

https://scholar.google.com.au/scholar_url?url=https://arxiv.org/pdf/2106.01288&hl=en&sa=X&ei=Ul4gYr-EL5aN6rQPsca64AQ&scisig=AAGBfm01oOgblx929ycUPPbIJqGAixHJWw&oi=scholarr

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Aretemis]

No I lost interest when North Sydney disappeared. LOL You are probably too young to even know who they were but they lasted as long as Newtown which no doubt does not help you in the slightest. FF

Go the bears & jets

 

[SERA2g]

That accords too much credit to their actions.

I think it is as simple as this. Brainchip now has over 40,000 shareholders based on the latest Annual Report. Somewhere between 30 to 40 thousand are retail investors. Just like you and me.

If they put up an add saying come and pay us money for our recommendations and you and I went and joined we would not be very happy if what they then told us was buy Brainchip.

So what they are doing is using fear the most powerful human emotion to try and get some of the 30 to 40 thousand known technology investors to respond and pay them money and give them a nice warm fussy feeling that they have been clever by signing up and no longer being conned by Brainchip and the 1,000 Eyes.

As marketing campaigns go in this space, it is a time honoured classic technique. MF have stuck to it for years.

Pick a popular retail investor early stage company, the industry is not important, although Brainchip ticks all the boxes because as one poster said on another thread this morning "I am an accountant not a techie" just like myself being a "lawyer not a techie" which means you can play on the natural fear that a lack of a full understanding of revolutionary technology creates.

We all know about the people who were taken in by Peter Brock's technology that was a complete scam and many, more including the young Silicon Valley high flying female just sent to prison.

You can then also go to the traditional metrics of lack of PE's, sales pipelines, NDA's and throw up other scam companies that have burnt retail in the past and then bring these poor souls under your wing, for a fee of course, and feed them a list of conservative unexciting companies with lots of well drafted no liability disclosures as the best thing for them to invest in while paying an annual subscription.

While all the time offering once in a lifetime opportunities to upgrade to the secret portfolio that only the high rollers know about and then when you sign up for this and pay an even bigger annual fee you will discover as you always thought there was another group above this yet again called the 'ultra high net worth" individuals who sail above everyone else being given access to opportunities that you could have only ever dreamed about.

To join this group however you have to have over half a million dollars to invest except occasionally they will have a twenty four hour special. A one off offer to only the first 50 or 100 who sign up and pay an even bigger fee where you only need $250,000 to join but sometimes they will extend this once in a lifetime offer for another 24 hours because demand was so overwhelming. Rinse and repeat. Rinse and repeat. Rinse and repeat.

The only spam involved where Brainchip is concerned is to be found in the companies that are attracted to the marketing opportunity it presents.

Over on that other place why do you think some of the trolls claimed to be there simply to rescue poor retail investors. These trolls were the ones most likely in my opinion to be part of this network of spam investment services.

Build up the psychology of being mislead and needing to be rescued. Confirm in the mind of the retail investor that they do not really understand the technology as they need to rely on other investors to dissect the spam competitors technology to show it does not work the same way and is not as good or in fact does not even compete in the same market space as Brainchip.

Having raised this doubt these retail investors become vulnerable to the idea that perhaps I should be more careful. Perhaps I should take advice from professionals??? Perhaps I have made a mistake. What will my family think if I lost all my money. I have never been right about anything else in my life. I never manage to buy a winning scratchie or lotto ticket. The car I bought last year was a lemon. The plumber ripped me off. I am a failure so how can I have got this right.

It is one horrible big game being played all the time against retail investors. It is just that simple.

The truth is nothing comes easy in life it takes hard word and discipline. Why would Warren Buffett and many others not just join one of these services and follow their recommendations if it was as simple as they are making out.

Some here say I never sleep. Of course I sleep but I learnt in my 20's that investing in the stock market was not something to do part time it needed to be your job. So I waited until I retired from my job as a solicitor to take on the stock market. The de-risking of my investment comes from keeping constant tabs on what is taking place in this space assisted by the incredible resource known to us as the 1,000 Eyes.

If I could just let one of these groups do it all for me in the way they claim I could do other things that I also enjoy but life is not like that if you want to succeed you have to work at it.

On that note the following link is interesting in the context of the second wave that Rob Telson mentioned:

MSN

My opinion only DYOR
FF

AKIDA BALLISTA

I think you're quoting me there with "I am an accountant not a techie" but that post will have been days or weeks old. I can't seem to find it now.

There are plenty of people out there that have had plenty of hard knocks in their life and through the constant effort of fighting an uphill battle will learn to live with a 'victim mentality'. The below passage is an amazing example of this and there are many people that feel this way, whether deep down or at the surface level:

"I have never been right about anything else in my life. I never manage to buy a winning scratchie or lotto ticket. The car I bought last year was a lemon. The plumber ripped me off. I am a failure so how can I have got this right."

It's so sad that there are businesses out there that know this and will feed on it. Even sadder that the people who can't afford to be lured into this sort of strategy are the ones that usually are.

It can be a very cruel and unforgiving world.

Silver linings, at least our world is semi-civilized unlike the animal kingdom where it is literally kill-or-be-killed on a daily basis to survive. For those that haven't seen the "Nature is Metal" instagram account, check it out: https://www.instagram.com/accounts/login/?next=/natureismetal/

Very eye opening as to the benefits of having a civilized society.

 

[buena suerte :-)]

No I lost interest when North Sydney disappeared. LOL You are probably too young to even know who they were but they lasted as long as Newtown which no doubt does not help you in the slightest. FF

No didn't help!! I'll check in with my mate Google cheers