A Quote by Michael Lewis

When the last history of high-frequency trading is written, Hunsader, like Joe Saluzzi and Sal Arnuk of Themis Trading, deserves a prominent place in it. — © Michael Lewis
When the last history of high-frequency trading is written, Hunsader, like Joe Saluzzi and Sal Arnuk of Themis Trading, deserves a prominent place in it.
Creating a Financial Transactions Tax would go a long way to curbing short-term speculative trading, including high-frequency trading.
Don’t ever average losers. Decrease your trading volume when you are trading poorly; increase your volume when you are trading well. Never trade in situations where you don’t have control. For example, I don’t risk significant amounts of money in front of key reports, since that is gambling, not trading.
I've always viewed high-frequency trading as a tax on the rest of us.
We can prevent unfair advantage, and we can avoid the destabilizing effect that high frequency trading can have.
You know how on the evening news they always tell you that the stock market is up in active trading, or off in moderate trading, or trading in mixed activity, or whatever. Well, who gives a
Financial institutions like to call what they do trading. Let's be honest. It's not trading; it's betting.
When we had the 'flash crash' in 2010, where the price of some stocks briefly fell to zero, high-frequency trading played a big role in that event.
We are a trading nation, and we are trading with Greece, Spain, Italy, Portugal and Ireland.
When Donald Duck traded his wings for arms, was he trading up or trading down?
The idea that big buyside firms are going to come in and trade mano-a-mano with high-frequency trading firms shows a lack of knowledge of the business.
I would like to invest more of my brain space in understanding the history of my city, because whenever I learn about the history of Detroit, it's always so fascinating, from a little kind of beaver-trading post to the place where automobiles were manufactured.
Russia and China, when they were communist-like adversaries, they didn't participate. They're participating now in the world with us. They're trading monetary instruments. We're buying and selling goods back and forth, trading oil and so forth.
Trading demands total concentration and the ability to do several things at once while instantly recalling trading prices from the day, or week, before.
I have very little respect for the integrity of the trading on the exchange in most stocks. And I have particular disdain for the fact that the SEC has failed to deal with high-frequency traders who are doing nothing more than taking advantage of inside information, a buy or a sell order, because of technology advantages.
The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading.
I was never involved in arms trading. In the Russian Federation, arms trading is the prerogative of the state.
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