[TriinT]

I think you're painting things with a very, very broad brush...

Algorithmic trading is NOT the same as high-frequency trading. What is algorithmic trading, actually? Using algorithms to support trading decisions? Or to execute the trades? You can use algorithms to "suggest" trades and manually execute them. Or you can let the algorithms execute trades automatically. Moreover, "high-frequency" is relative. For some people, high-frequency can be miliseconds, for some others, high-frequency can be minutes or even hours.

Statistical arbitrage is an exhausted field. The smart hedge funds have been moving to greener pastures.

To whoever is interested: find something more meaningful to do with your life than buy and sell abstract financial instruments. Want to invest? Invest in your education and leave the financial markets for the professionals.