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Over 95% of trade volume is HFT; retail investors can't compete. Why do they need to? Winning isn't getting more trades in, winning is making money! According
by twoodfin 14y ago
Over 95% of trade volume is HFT; retail investors can't compete.
Why do they need to? Winning isn't getting more trades in, winning is making money!
According to the Times[1], HFT firms' profit topped out at less than $5B in 2009. That is, not to put too fine a point on it, peanuts.
[1] http://www.nytimes.com/2012/10/15/business/with-profits-dropping-high-speed-trading-cools-down.html http://www.nytimes.com/2012/10/15/business/with-profits-drop...