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Rising Star
It sells
Trading is all about moving dollars from one person’s pocket into another. These algorithms are built by firms that are funded by a probably small and overlapping group of extremely wealthy and/or connected people like govt officials. If the general public doesn’t participate in the facade of the short term market, these people wouldn’t be able to grow their quick profits from swinging and manipulating the market, and the same huge pool of endowment, trusts, etc money would just keep exchanging in the same set of hands. That is why they want to keep pushing the idea that the short term markets are fair when in reality they are nothing but that for retail investors