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"The answer I give them is that our markets are not rigged but are run/controlled/dominated by the flash boys/HFTs/machines that do not have the ability to thin
by x5n1 11y ago
"The answer I give them is that our markets are not rigged but are run/controlled/dominated by the flash boys/HFTs/machines that do not have the ability to think rationally but just trade on their algos and as a result you get absolute mayhem on days like today."
http://www.forbes.com/sites/jaysomaney/2015/08/24/is-our-stock-market-rigged/ http://www.forbes.com/sites/jaysomaney/2015/08/24/is-our-sto...
- melling 11y agoYes, always use a limit order. It looks like you can make some money on those big dips on crazy days.
- tedunangst 11y agoAnd, uh, not to repeat the question or anything, but how does that affect a position held for weeks?