The Truth about May 6, 2010

[SGDeGalvez]

how this guy know what is going to happen before the call??

[treysparker]

Theres nothing wrong with hi freq trading.High freq trading happens everyday, is there a flash crash everyday? Of course not... lol obviously...

Thats what Max is saying.

[saluki420]

@treysparker

In the 1st quarter alone in 2010 there have been 549 "flash crash" events.

As there are 64 work days between 1/1/2010 and 3/31/2010 (excluding holidays) this amounts to 1.75 mini crashes per day.

Link for this is in the video description.

[Dkguerilla]

I dont understand-......my stupid ass doesnt uderstand...what is wrong with the trading this way?? please explain

[alique087]

@Dkguerilla Nothing at all is wrong. You will see internet trolls come on and bash it however.