A number of flash crashes have been blamed on automated trading systems. How dangerous is it if we pass over all f the trading programmes to algarithms? Algos can basic just do what they're taught, and then don't have a lot of gut instinct in them,. And that's why you can see flash crashers, which have always existed in some formal fashion. A flash crash might have taken a day in the past, maybe a few weeks. Now it can happen in milly seconds, at speeds that humans can't really react to.

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