We are doomed

Is it HFT in general that concerns you or just some of the processes that are subject to abuse with HFT algos? I'm too ignorant on the subject to have any opinion.
 
Quote from emg:

HFT is the number 1 reason why more than 90% of small traders lose. They juse lose!!!
I think that the # 1 reason why small traders lose is because they don't know WTF they're doing.
 
I got an email earlier this month with a video from one of the 'famous' gurus warning that if we break 1300 on SPX that we are going to 1100 and to sell all longs. I wonder what he must be thinking today?
 
Quote from daveyc:

I got an email earlier this month with a video from one of the 'famous' gurus warning that if we break 1300 on SPX that we are going to 1100 and to sell all longs. I wonder what he must be thinking today?

How much he loves the money he made from doing the opposite?
 
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