SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.96-1.8%Nov 14 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (105551)4/14/2014 5:29:56 PM
From: John Pitera  Read Replies (2) of 217825
 
IF Hi Frequency Trading is causing flash crash.... then it needs to be prohibited.

I have no problem with the concept of it showing overleveraged traders.

But have prices flash super low for a moment to catch all the stop losses is unacceptable.

We have a hundred years of the concept of risk control being assisted with stop loss orders.

I have heard people like Crammer comment well you can no longer uses stop losses. That is contrary to risk control espoused by half the people in the Market Wizards book.... Edwards and Magee... and thousands of skilled professionals.

HFT, the insane Central Banking practices that have evolved and the huge debt mania ... may well be able to collapse the Capitalist system at the rate we are going.

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext