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To: Revel
The same information that enables an HFT algo to get ahead of you in the market is also available to you.

You just don't have the several hundred thousand dollars per year to invest to get it.

You gotta pay to play.

21 posted on 04/15/2012 11:18:40 AM PDT by pierrem15 (Claudius: "Let all the poisons that lurk in the mud hatch out.")
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To: pierrem15

Your figure is extremely low ball. And no it is wrong. It is like saying if a gambler can afford a special camera to see through the other players cards then that is OK.

Take Nascar for example. There are rules and limits as to what you can do. If you cheat them and get caught then you are in big trouble. Even though some drivers have the money to cheat if they want to. Some do not. And the rules are to make it reasonably fair to determine who has the best team and driver. Not who has the most money.

In an honest and just society then money should not be able to buy you everything. The only advantage that People like Goldman should have is the fact that they can afford to hire a lot of people to research how to invest.

Rigging the machinery is not a just option.


26 posted on 04/15/2012 12:01:33 PM PDT by Revel
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