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How do you figure the average geek is outgunned? There are multitudes of small HFT shops staffed mainly by geeks in Manhattan doing pretty well. HFT tends not t
by iwejfweoifjweif 14y ago
How do you figure the average geek is outgunned? There are multitudes of small HFT shops staffed mainly by geeks in Manhattan doing pretty well. HFT tends not to be profitable enough for banks to bother with, especially if you have to pay most of your profits to the programmers behind it so they don't leave and do it themselves.
- marshallp 14y agoThere's been plenty of discussions on HN about getting into HFT and the advice given is that it's too expensive for the average guy.