&gt; you&#x27;re obviously going to want to trade FIRST on those fundamentals .. right? Cause whoever does is going to win the day<p>If you&#x27;re only trading long term, then sub-second differences are essentially irrelevant.<p>I think there&#x27;s a perfectly reasonable point here. Fundamentals as &quot;trading against the future profit of the company&quot;. HFT as &quot;trading against the system&quot;.