I have seen this card trick many times ("Pick a card, any card"). This is not the best video, but is one that I found with a quick search: flash card [You Tube 0:39]. Please watch it to make sense of my rant…

What if: Traders are glued to watching quotes. HFT can flash quotes — "is it too fast?" Let me go slow. Then, it is something humans can actually see, dances around and pauses on the "right number", dances again. Sometime later, the market moves and everyone jumps in etc based on whatever indicator (FOMC, Economic numbers, Technicals, etc.). They need a stop. Let's pick a price "no one else will know".But HFTs know — 99% pick the same number based on the way they flashed prices and run them.

Is it possible? Because somehow the more I am glued to the screen, the more likely my stops are filled!





Speak your mind

1 Comment so far

  1. G man on March 27, 2015 4:33 pm

    Imagine having unlimited intellectual, financial and cpu capital. What would you do, assuming you were too self-entitled and narcissistic to look for disease cures or to fix societal problems? Why you’d hire every math PhD that NSA didn’t hire and figure out what people traded, their strategies and then sit on the mountain and throw them slow softballs , knowing what they’d swing at, their stops and occasionally let one or two win big to bring in new sheeple to fleece.


Resources & Links