3 ms·
The profit to the society is from regular guys like you and me not partaking in the scam anymore. Not spending money on it. Distrusting the game. Long term it m
by byEngineer 12y ago
The profit to the society is from regular guys like you and me not partaking in the scam anymore. Not spending money on it. Distrusting the game. Long term it makes sense: people will start investing long term based on fudamentals vs wanting to get rich quick on hocus locus TA. Short term trading is losers game. You will always loose against HFT.
So instead of doing that, read the companies fundamentals. Learn about their debt levels. Earnings. Read their books. And only then invest with 1-2 year time horizon minimum.
HFT is valuable to the society as it makes the society understand that treating Markets like casino gambling isn't working.