That was not a very good defense, however I think the author made some good points. It seems to me that those complaining the loudest about HFT are the floor t

That was not a very good defense, however I think the author made some good points. It seems to me that those complaining the loudest about HFT are the floor traders & market makers (rather former market makers.) Also, there is a good point in this piece about standing your ground on price (assuming you are not being stopped out,) patience would benefit many traders and investors.