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On my last OJ trade they filled a 120.00 sell stop at 117.60. By then I knew that the phone call would only bring me more frustration. Never traded it since and I hate those assholes.

I don't trade on the time and price scale where HFT can hammer me too badly. If I did I would stop. The game changes, either adapt or move on. Guys like me will never have home field advantage, I will always be bringing a knife to a gunfight so I must be that much better. I look for ways I...

what's good? I can remember some phone calls quite well: "I got filled at WHAT??? WTF??"

...but it is the not the same as some pit guy trying figure out how badly to screw you. I view HFT just the same as I view all other traders. The algos are no different than some other mechanical trader trying to get my cash. Would much rather have an electronic stop.

At least HFT is a computer on an electronic platform. It is somewhat of a known. People who bitch about that must not remember the things that would happen in trading pits to retail orders. Long ago I tried trading OJ futures via the pit, the things those guys would do with your market orders...

be sure it is empirical proof, there must be an academic out there who published on 777

I spent some time in the clink for running a simulated ponzi. Madoff offered sim accounts on his site before it was shut down. I am THE MAN in paper ponzi, can't wait to start for real.

Of course I knew, it's common knowledge. I bet though you didn't know the less well known fact that throwing a basketball on the ground to get a guy to bend over was the forerunner of the famous dropping soap in the prison shower trick.

or perhaps more than just lunch ;p

Withholding supply is not manipulation, it’s called trading and it is legal. Anyway you claim specs prevent such ‘manipulation’ yet it still happens all the time even in the most liquid of markets with the retail specs are buying right alongside those evil manipulators. In the dot com...

Using your own logic and assume your 'true value' exists... commercials are 'market pros' therefore the commercials know when price is distorted. There are commercials on both sides of the market, therefore if a seller knows prices are 'too high' they will sell. Why the frak would some...

No, I never said it is the normative standard. I was answering your question "did you ever hear of anyone?..." take a logic class man You are first with the ad hominems and then call others childish. You do not understand that opportunity cost must involve actual choices. When I...

Well no, since I made the original post that you responded to, then I could better say you are the one missing the point. Did I ever hear of someone asking to be paid in wealth and not money? yes I have, I have seen people compensated in all kinds of ways. You don't seem to know what my...

No there isn 't

Wealth is not money, money can be exchanged for wealth given by the currency's current percieved worth, but once that faith is gone then you can forget it. In 1863 you may have been able to buy a farm with confederate dollas, in 1866 you could not even though the farm still represented...

I refied to 4.25% 30 year fixed, not sure why people didn't do that when the rates were so low last fall. Clubber? To hell with mortgages, here's the best move you have ever made right here <iframe title="YouTube video player" width="480" height="390"...

I'm inclined to side with hog, throw up my arms and say wtf I'll wrestle with you a little more logic. I was limiting myself to you and the universe of other traders, that's where your cash comes from. You can't simply say the losers can get another job because you need them for your...

btw, I have found pride in my own work to be useless for myself. I do take satisfaction in a job well done or in this case, the game well played. It's hard to feel proud clicking a mouse for a living... I guess, it's just me, so have a blast and be proud.

There is no such thing as absolute 'true value'. If there was, then Marx was right. There is only perceived value, which is a very emphermal psychological variable that can change suddenly and whimsically. Brings up a great question: You claim that traders help price discovery which may...

Bighog- the bellies still functioned. You may be right, commercials left first, but my point is the market still existed. Question: Does the housing market require short term specs to function? I'm not talking about about speculative builders, I'm talking about the flippers who don't even...