Hacker News new | ask | show | jobs
by vehementi 3660 days ago
What do you mean by smoke in this context?
1 comments

Retail investors can't compete with HFT in terms of order execution speed.
Sure, but do they need to? Let's accept that HFT vampires steal a bit of the value I wanted to get. But my value is not in trying to be a HFT, it is in (ostensibly) calling that GOOG will go up or something. How does HFT screw me over in that regard?
That would only matter if they were executing on the same trigger, wouldn't it?