Do Algos take lunch break?

Discussion in 'Trading' started by schizo, Nov 25, 2019.

  1. schizo

    schizo

    I heard that more than 90% of institutional orders are now ran by the algos, so why the heck are we still taking lunch between 12-2 pm EST? o_O:banghead:
     
    Danielbanker, jl1575, Onra and 6 others like this.
  2. Turveyd

    Turveyd

    Presume they need some humans to trade against to make $$$'s, ie Retail humans, but the 2hr break is a pain as it's my prime time to trade.
     
  3. zdreg

    zdreg

    You" ain't nobody" unless lunch is delivered to your desk, free.:D
     
    murray t turtle likes this.
  4. Ninja

    Ninja

    Lunch break - time for some reflection. Now just imagine that two AIs are having a conversation...

     
  5. qlai

    qlai

    Different algos are run at different times. Some algos automatically adjust when they detect the volume dries up. Basically everything becomes a self fulfilling prophecy. The set up I will take in the morning I would skip at lunch.
     
    WeToddDid2 likes this.
  6. comagnum

    comagnum

    I doubt it since the lunch hour stop gunning is about the oldest trick in the book.
    Stocks in strong up trends with unusually high volume are targets for this old trick.

    upload_2019-11-25_14-37-33.png
     
  7. maxinger

    maxinger

    for stock market, lunch break has been there since day 1.
    But some exchanges are trying to abolish it
    exchanges don't like lunch break because they earn less $$$ when there is lunch break.
    traders like lunch break because they need the break.

    for derivative market, there is no lunch break.
     
    Last edited: Nov 25, 2019
  8. TommyR

    TommyR

    some algos gets emotional when their blood sugar levels drop