Quote from Bob111:
where have you been? we been talking about problems with HFT in stocks and waay to many market centers\ECN's\dark pools for years..
today it is really hard or even impossible to get into a winning trade on low\medium volume stocks. i'm talking about 100K shares average and above...below-fucking forget it...you won't get anything regardless. on low volume stocks i can pick winners every single day,all day long-no fill.that's issue #1 for me. i keep saying this for years:my fill rates are falling every single day. #2-today it is a lot harder to exit with decent size position. there is no real bids\offers. no real volume. it is a joke,when you trying to sell 1000 shares at bid,where buyer posting 10000 shares to buy and you are able to sell only 100, then bid will move 1-3-5 cents lower,leaving you with partial fill. today i'm losing a lot more money during the exit than 2-3 years ago..subpenny trades..is it good for retail,if one can post bid 0.000000001 cent better than you and get price priority? why they can do this and rest of the public can't?
what else do you need? me? i don't need any proof. i see and feel the pain of this HFT business EVERY SINGLE DAY.
Bob, aren't low volume stocks supposed to be HFT free ? If you find high volume stocks more profitable, aren't you using HFT beneficially ? ??
