K, that's not true... I actually *do* understand the complaint of HFT.... but I see it as entirely emotional & irrational. It truly takes absolutely nothing away from anyone operating at a different timeframe, and HFT operations are at exactly equal risk of loss than as of gain (due to natural competitive pressures at their own levels.)That is wrong, unfortunately.HF-Traders have privileged access and enjoy artificial advantages over investors. For example, they can (or could) trade in penny fractions and put an order above yours by 0.01 cent. Then there's "flashed orders" where the HF traders would to see incoming orders 30 ms before everyone else (that practice seems to be gone, mostly).Using unfair advantages such as these HFT extract what is essentially a transaction tax from other market participants who don't have them.
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