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by bbcbasic
3662 days ago
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I agree. How can joe average compete with the resources of hedge funds which are doing the same thing at a much lower latency using more sophisticated mathematical methods, at a higher volume (so lower relative fees). I am sure the idea is well intentioned but really it is just suckering people out of money in a similar way to forex robots etc. |
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It's that average people (or anyone) can't time the market etc. so nevermind any advantages a quant firm might have, the rules that average person sets up with their IFTTT will be horrifically unwise.