3 ms·
It's not a nice way of saying that, the "pool of bait" logic is totally wrong. There's a lot of nonsense written about high frequency trading on the internet, b
by conistonwater 8y ago
It's not a nice way of saying that, the "pool of bait" logic is totally wrong. There's a lot of nonsense written about high frequency trading on the internet, but for example Matt Levine's explanations are completely readable, correct, and on point (see the other comment).
- SirLJ 8y agoThere is no free lunch... To paraphrase a friend from high school: "...when you start to play and don't know who the patsy is, usually it's you..." ;-)
- mrfredward 8y agoIf someone will pay to trade with you instead of someone else, you're definitely not getting the best price.