Hail the human vs HFT trading robots
After posting this:
I got some responses:
I’m counting on assimilative indigestion, I’m a very expensive meal and a bitter pill to swallow.
on the contrarythe more hft the more relevant the human
This one makes a very valid point, HFT programs are only as smart as the human programmer who programmed them.
This came in from a recent Quant ELITE member:
Love it! I just signed up as an elite and will be wading into this stuff soon.
HFT is like a gun to shoot things so you can eat. Use it the wrong way (i.e. illegally), bad thing thing can happen. Just be above aboard, that is all I ask.
Humans control these things but they just seem to be smarter then the discretionary trader or retail trader who does not know how to program.