You start sounding a bit like chatgpt with the “it is I who have the sole power of understanding” and self contradicting arguments. I never mentioned zero sum games or anything of the sort. Please don’t ascribe your thoughts to mine. I did helpfully screenshot your comment invoking war and claiming HFT is like it. I can jog your memory if you’d like. Now you’re claiming the opposite. Your arguments start becoming internally inconsistent.
Your risk argument doesn’t hold water because liquidity is not the only risk. There are at least 20+ I can think of from the top of my head without even trying.
HFT is war but the system as a whole isn’t. My impression of our interactions on HN is you have a valuable insight that perhaps I can even agree with. However unfortunately I don’t know what it is yet as you haven’t explained properly what your hypothesis of negative effects or externalities HFT operators have.
HN isn’t the best forum for this type of ongoing discussion. Engage me on reddit if you like. u/alchemist1e9
Your risk argument doesn’t hold water because liquidity is not the only risk. There are at least 20+ I can think of from the top of my head without even trying.
I’ll rest my case here.