Re:Show HN: Stock Trading from Google Spreadsheet
by conistonwater on Wednesday December 05, 2018 @11:08AM
(#18609507)
It's not a nice way of saying that, the "pool of bait" logic is totally wrong. There's a lot of nonsense written about high frequency trading on the internet, but for example Matt Levine's explanations are completely readable, correct, and on point (see the other comment).
Re:Show HN: Stock Trading from Google Spreadsheet
by mrfredward on Tuesday December 11, 2018 @09:09AM
(#18655360)
If someone will pay to trade with you instead of someone else, you're definitely not getting the best price.
...but that's really not so bad. Having an algorithm skim 2 cents/share off of you is a lot better than paying $5+ per trade (assuming you're not trading 1000s of shares, and you're not in penny stocks or options where spreads are big).