4 ms·

I agree. How can joe average compete with the resources of hedge funds which are doing the same thing at a much lower latency using more sophisticated mathemati

I agree. How can joe average compete with the resources of hedge funds which are doing the same thing at a much lower latency using more sophisticated mathematical methods, at a higher volume (so lower relative fees). I am sure the idea is well intentioned but really it is just suckering people out of money in a similar way to forex robots etc.

vehementi 10y ago
It's not about outperforming those hedge funds, I think that is out of scope. They're not competing. It's that average people (or anyone) can't time the market etc. so nevermind any advantages a quant firm might have, the rules that average person sets up with their IFTTT will be horrifically unwise.
- deleted 10y ago
  [deleted]
- bbcbasic 10y ago
  That too!