Some eye opening stats for high frequency traders HFT and quant traders. I say WOW!
Here they are:
The fact that the vast majority of stock market trades are held for 11 seconds shows that the stock market is not a real market with real traders governed by the law of supply and demand, and that there is no real price discovery.
But as Tyler Durden points out, alot can happen in 11 seconds when the players are high-powered computers:FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!