Definition of daisy chain

1. connecting devices in sequence.
2. trading between market manipulators to create the appearance of active volume as a lure for legitimate investors. When the price is driven up, the manipulators unload their holdings, leaving the unwary investors without buyers to trade with in turn.

trading between market manipulators to create the appearance of active volume as a lure for legitimate investors. When these traders drive the price up, the manipulators unload their holdings, leaving the unwary investors without buyers to trade with in turn.