I think the HFTs are taking advantage of the rest of us especially in the morning and before closing when volatility is high. All those who don't have this edge are somewhat losers.
The other side of the trade loses, have all your trades been 100%
winners lately? when you bet short against the market I bet it turns up, when you go long it decides to go down, the machines are fast and no how to kill the time value factor......is it real?