Quote: (04-07-2014 12:49 PM)ElBorrachoInfamoso Wrote:
Three groups of people are hating on HFT
1. Garden variety haters who don't understand it and just have hate in their hearts
2. People who understand it but benefit from more restricted markets
3. People who may or may not understand HFT but are opposed to the fundamental human right of free markets.
Not one person on this thread has made a well-reasoned argument against HFT so it's safe to assume all the haters here fall into either 1 or 3.
Honestly, you just have no idea what you're talking about.
Invoking "The fundamental right of free markets" to defend HFT is like invoking "The fundamental right to defraud the credulous and gullible" in defense of a Ponzi scheme. You are simply ignorant of how HFT actually works. HFT has nothing to do with normal trading whatsoever.
[size=8pt]"For I reckon that the sufferings of this present time are not worthy to be compared with the glory which shall be revealed in us.”[/size] [size=7pt] - Romans 8:18[/size]