| >You're almost saying capitalism and efficient markets are pointless. Maybe they are, but I think it's nothing like crypto. People are saying this because, HFT sounds similar to 'crypto mining'.
That's people with best infrastructure, the 'big-guys' -- win.
While leaving out the retail investors as broiler chicken, pumped with 'drugs' (by influencers) to spend more on imaginary assets, so that they can be used for 'food' by these 'big-guys'. There are different influencers for retail investors vs crypto.
In retail investing there are promises of 'retirement paradise', actual tax deductions, the Jim Cramer-like people (at least what I heard in US) For crypto investing the influencer are different, the geography is wider.
A promise to participate in markets if you do not live the country that has adopted US/UK-based financial services. - - -
By the way, I think the markets will still have liquidity if there is a rule to wait, for say, 30 min before a stock that was just recently bought -- can be sold (unless by a clear fat finger mistake) This rule will cause the HFTs to stop existing in the current form. |
Do any regular pedestrian middle class retail investors EVER actually earn enough to retire on? Or do anything meaningful with? If so.. what is THEIR secret sauce, since it's not HFT...