Ya, I get the whole "as a professional layman, I'm pretty sure I'm getting screwed because of it" when it comes to HFTs. But if you look at the actual data it's blindingly obvious that the exact opposite is happening. Trading costs have come down enormously!
Iit would be nice if folks looked at the data instead of falling back on their irrational gut logic.
Iit would be nice if folks looked at the data instead of falling back on their irrational gut logic.