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Dec 17 2022 05:31pm
Quote (Mondain @ Dec 18 2022 06:25am)
High Frequency Trade

Instant Money Passively.

It only cost millions to develop



High frequency trade only works because there are schmoes to leech money from in the market. If schmoes are no longer present then it would be like a game of ping pong with no winner. Aside from the main issue that wealth isn’t the issue at hand, its justice in the distribution of that wealth to maintain order.
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Dec 17 2022 05:33pm
Realistically we only have history to look at and it has never ended well for oligarchs.
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Dec 17 2022 05:35pm
Quote (MildSambal @ Dec 17 2022 06:31pm)
High frequency trade only works because there are schmoes to leech money from in the market. If schmoes are no longer present then it would be like a game of ping pong with no winner. Aside from the main issue that wealth isn’t the issue at hand, its justice in the distribution of that wealth to maintain order.


Next you're going to tell me that day traiding only works because there are idiots who lose money...

wait..

that's exactly how it works.

There is always a sucker :evil:
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Dec 17 2022 07:14pm
Quote (Thebarba @ Dec 16 2022 05:50pm)
Sadly, lefties will defend these decadent billionaires to the last.


This is some peak nonsense.
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Dec 17 2022 07:49pm
Quote (Mondain @ Dec 17 2022 06:35pm)
Next you're going to tell me that day traiding only works because there are idiots who lose money...

wait..

that's exactly how it works.

There is always a sucker :evil:


There's a setting on TDameritrade for live market data. Imagine all the people who don't have that setting checked trading on delayed data.

And I don't know if suckers is the right word, sure there are some but the majority of people who lose are just unlucky individuals.
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Dec 17 2022 07:53pm
Quote (FlowingOakTree @ Dec 17 2022 08:49pm)
There's a setting on TDameritrade for live market data. Imagine all the people who don't have that setting checked trading on delayed data.

And I don't know if suckers is the right word, sure there are some but the majority of people who lose are just unlucky individuals.


true sucker advise,. see you in the AM when my bell rings.
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