You can make money on average with simple strategies because you react faster to signals than the competition. Your order goes in first. You just have to be v

You can make money on average with simple strategies because you react faster to signals than the competition. Your order goes in first. You just have to be very fast. I worked at a hedge fund that did a bit of HFT. They mostly took pride though in the fact that they made money using intelligence rather than just being really fast.