BenKenobi said:
Anthropoid said:
You know what pisses me off?
High frequency trading, that is what pisses me off!
If EVER there was a poignant and incontrovertible example of the wealthy elites using their position to effectively FLEECE the ******** system and practically PRINT MONEY for themselves, this is it.
Well, no.
Elaborate? I do realize that HFT traders compete primarily with other HFT traders and that even day traders are not exactly DIRECTLY impacted by them. Still, it just seems "unfair."
I read that Italy has introduced some 'regulations' that in effect apply a small tax to any trades by the same brokerage that occur within a ~0.5 second span. What do you make of that Ben?
I'm just getting started with learning this stuff, so I'm all ears.