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by Dylan16807 2714 days ago
> _don't stock pick_, because if you do, you're the dumb money handing it over to the HFT firms.

I think you mean _don't day trade_. HFT is a tax on changing your bets. If you pick a stock and stick with it for years, it's negligible.

It still might be good advice not to stock pick, but I don't think HFT is the reason.