around 85% of market activity is now automated
you’re not trading against people anymore
back in 1997
thousands traded on physical floors
pure human vs human
then machines took over
2005 → 25%
2010 → 55%
2015 → 65%
2020 → 75%
2022 → 78%
2024 → 82%
2026 → 85%
in two decades
from minority to dominance
if you ignore this shift
you’re just liquidity