LogFAQs > #965863076

Lopen posted...

The vast majority of trading volume these days is generated by trading algorithms designed to exploit human psychology so it is nefarious exploitation of human psychology at work.

Has it always been this way? Probably so, but in a less blatant manner. Prices probably didn't generally move as much for the sake of moving back then.

Yes, whether it's algorithms playing on human psychology or human traders playing on human psychology, the principle is the same. There's nothing nefarious about that in my view. That's literally what the market is for.