The finance market provides needed liquidity. I'm glad these guys took the risk to offer their resources. That they are relatively better at it than you or I is no skin off my back.
They are relatively better at playing a zero-sum game. Not that algo/hft traders are any worse than most of the rest of Wall Street, but it really is skin off the back of retirement funds of every mom & pop.
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The finance market provides needed liquidity. I'm glad these guys took the risk to offer their resources. That they are relatively better at it than you or I is no skin off my back.
They are relatively better at playing a zero-sum game. Not that algo/hft traders are any worse than most of the rest of Wall Street, but it really is skin off the back of retirement funds of every mom & pop.