this guy says hft are scum, I agree
- Thread starter stock777
- Start date
Did you read the article? The dude just says that he found the work boring and algos are hard to build.
::head scratching:: yes? I'm not sure which part did you read as this guy saying hft is scum? The closest I can find is a part where he doesn't really think trading in general generates much value.
This says it all:
"Disclaimer: If I ever make a personal fortune from web startups, there's still a part of me that would like to give algorithmic trading one last try. There, I said it."
Lack of "soul", lack of "community", "it's all about the money". His reasons for disliking automated trading are negated by his final statement.
Trading is the hardest profession to succeed at, and hence, the rewards are the greatest. What one chooses to do with those rewards, should one succeed, are what defines them.
It's not the trading, stupid.
"Disclaimer: If I ever make a personal fortune from web startups, there's still a part of me that would like to give algorithmic trading one last try. There, I said it."
Lack of "soul", lack of "community", "it's all about the money". His reasons for disliking automated trading are negated by his final statement.
Trading is the hardest profession to succeed at, and hence, the rewards are the greatest. What one chooses to do with those rewards, should one succeed, are what defines them.
It's not the trading, stupid.
ehhh:eek: