It appears that the algorithms responsible for Amazons pricing model went mad and decided that a book - "The Making of a Fly" had a fair value of $1.7m this later increased to $23.6 million plus shipping and handling!
Kevin talks about the "Flash Crash of 2.45" where 9% was wiped off the Dow. This phenomenon occured due to automated algorithmic trading.
It is said that 70% of the trading on the US stock market is based on algorithmic trading. It is for that reason i concentrate my efforts on Automated Forex Trading Systems.
Kevin Slavin: How algorithms shape our world
http://www.youtube.com/watch?v=TDaFwnOiKVE
Comments welcome !
If you're trying to profit from an extra 100-200 pips on a daily basis then I recommend that you try Fast FX Profit.
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