RE:RE:Stockmarket is nutsThats right, but it’s even crazier than that... YouTube High Frequncy Trading... look for a guy named Hiam Bodek and watch the video... I think it’s by a production company called spotlight or searchlight or something like that, won’t be hard to find. It’s a real eye opener about the way things really work.. HFT is nuts... should be regulated heavily... thousands of trades a second, buying and selling transactions of thousands of a cent done 100,000 times in a second ends up equally huge money gains and basically no chance to lose money at all... watch the video, you’ll be shocked.
Sorry no link... I’ll try to find it and post it for you
foxxy113 wrote: Jonzeeee wrote:
who the hell is constantly buying and selling every second of the day. When you think about it it's pretty strange. Interesting but strange.
Big Boys. Hedge Funds. Day traders with capital. Algorithms. Buy 50,000 shares on a dip, goes up 30 cents, sell, there's a cool $15000 for a bit of work. Next round, say 20 cents, there's another $10, 000. In a day. Done every day for months. Millionaires abound.