High Frequency Trading can really be divided into two groups. The people who execute the trades, Market Makers
, and the people who want to benefit from the trades, Arbiters.
Both groups are trying to exploit their high-speed advantage.
Forex is different from just about any other security because there is no central exchange where Forex is traded. There’s no equivalent of a stock exchange. The trades are done among thousands of banks, brokers, and individuals, so it makes High Frequency Trading almost impossible because of the amount of parties involved.
There are millions of traders out there who are still trying to make indicators that were invented in the 1970s work in today’s market, and those are the people I TAKE MONEY FROM EVERY DAY.