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How can you blame the retail investor for having stop-loss orders to lock in profits and praise some HFT's for "fixing" the flash crash by buying at the bottom
by jbarham 16y ago
How can you blame the retail investor for having stop-loss orders to lock in profits and praise some HFT's for "fixing" the flash crash by buying at the bottom when it was other HFT's that precipitated the flash crash to begin with?! Maybe that's why the retail investor is getting out of the stock market and leaving it to the machines to fight amongst themselves.
- yummyfajitas 16y agoRead the SEC report. The flash crash was precipitated by a fat fingered mutual fund. It was exacerbated, among other things, by the stop loss orders this price decrease triggered. ...stop-loss orders to lock in profits... Go learn what a stop loss order is. I blame the retail investor for placing an order he doesn't understand.