4 ms·
Sorry, but you just spewed a bunch of crap about market making and algorithmic trading that has no basis in fact. reading and blindly believing zerohedge is ju
by actionbrandon 15y ago
Sorry, but you just spewed a bunch of crap about market making and algorithmic trading that has no basis in fact. reading and blindly believing zerohedge is just as bad as watching cramer and calling yourself a trader. I will address one comment, instead of wasting space on many.
You claim that 25-75% of volume is made up by algo traders. I agree, and its probably closer to the 75%. However, this is meaningless. Since the beginning of trading more than 50% of volume is made up of speculators/market makers. It's always been that way, except now that its computers doing it people spaz out.
The only difference is now the spread on stocks is a penny or less instead of 25-50 cents or more. Damn computers arm race!