Submitted by Tyler Durden on 10/21/2011 - 19:57
First, the algos took over the real markets. Now, they control the fake ones too...
http://www.zerohedge.com/news/long-enough-timeline-every-cnbc-million-dollar-challenge-front-run-smithereens
One reply LOL, My sentiments exactly on this new wave ALGO POS trading....
PAPA ROACH
PAPA ROACH's picture
Algo's die if electronic trading goes away and we're back to pits once again. I used to be a pit trader, I miss that life and would gladly move back to NYC if reinstated.
You cannot have this much vol and flash crashes with pits, humans take time to move. $uck algos!

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.