>This beats what most individual day traders and money managers can do, but is nothing close to what a well positioned HFT trading firm can make. I don't know

>This beats what most individual day traders and money managers can do, but is nothing close to what a well positioned HFT trading firm can make. I don't know if this is actually true if you average up all the successes and failures. Probably more like, for every successful [daytrader|money manager|HFT firm] there are 9 that lose money or go bankrupt and nobody ever hears about again or includes in average return calculations. It's just that the rewards to the few successes are so tantalizing, there's never any shortage of folks jumping into the game trying their hand at it.