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To: Jane4IceCream who wrote (111605)12/3/2012 10:11:36 PM
From: BiomavenRead Replies (1) | Respond to of 118717
 
its man (or trader) v. machine (computers) and man doesn't win as often
The high frequency traders are likely good for small investors - they act to reduce the spread. They make their money trading against institutions that are trying to buy or sell large blocks of stock. The HF traders are also clueless about anything to do with long term fundamentals.

Maybe they make the job harder for small daytraders that are just trading on momentum and the like, but I don't think that description applies to many here.

Peter