The Holy Grail Of Trading Has Been Found: HFT Firm Reveals 1 Losing Trading Day In 12

Discussion in 'Wall St. News' started by Cdntrader, Mar 10, 2014.

  1. volente_00

    volente_00













    Why don't you just hit the bid to exit or is the extra $3 on the trade a big deal for you ?
     
    #21     Mar 11, 2014
  2. Tsing Tao

    Tsing Tao

    It's not the issue about the extra $3. It's the WHY this happens.
     
    #22     Mar 12, 2014
  3. Exactly.

    That one trade is meaningless, but when you trade a few million shares a month and HFT algo's are stealing .03 cents or more (waaaaay more in higher priced stocks), the thievery adds up to hundreds of thousands of dollars each year.
     
    #23     Mar 12, 2014