You misunderstand what HFTs are doing. They are in the business of selling liquidity. You have to pay them for that. Luckily the cost of liquidity (due to automation & competition) has gone down by a factor of 10 which is great for you (and everyone else)!
Brad Katsuyama (weirdly the hero of the Michael Lewis book) is in the business of making sure you DON'T get the best price. The HFTs are working against him to make sure you do.
You misunderstand what HFTs are doing. They are in the business of selling liquidity. You have to pay them for that. Luckily the cost of liquidity (due to automation & competition) has gone down by a factor of 10 which is great for you (and everyone else)!
Brad Katsuyama (weirdly the hero of the Michael Lewis book) is in the business of making sure you DON'T get the best price. The HFTs are working against him to make sure you do.