Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Sorry, but you just spewed a bunch of crap about market making and algorithmic trading that has no basis in fact. reading and blindly believing zerohedge is just as bad as watching cramer and calling yourself a trader. I will address one comment, instead of wasting space on many. You claim that 25-75% of volume is made up by algo traders. I agree, and its probably closer to the 75%. However, this is meaningless. Since the beginning of trading more than 50% of volume is made up of speculators/market makers. It's always been that way, except now that its computers doing it people spaz out.

The only difference is now the spread on stocks is a penny or less instead of 25-50 cents or more. Damn computers arm race!



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: