Posted on 04/04/2014 6:04:38 AM PDT by Red in Blue PA
The HFT traders pay for every trade. So long as they pay for the trade, how are they different. More trades, more trading fees.
More trading fees, lower profits.
correct the do pay fees the more business they do.. But the same can be said about any business. Lets take a cab company for instance. The more fares a cab company takes the more gas its burns. its all relative..
I offer the argument to counter those that whine about unfairness. The traders pay the fees same as everyone else.
They are paying for the privilege.
How then is that unfair?
Im not the one arguing that HFT have an unfair advantage. Its some of the other posters on this thread. I agree with you that they are paying for the privilege so all power to them. But i am also arguing that HFT are creating Highly liquid markets that benefit retail traders
I have been taught that if I buy at a price I set, I avoid any distortions that might occur with a market order.
That is, I get what I buy or have to do it over tomorrow
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