High Frequency Trading funkiness

I came across this very interesting post about how high frequency traders are able to use ultrafast connections to find and take advantage and uncover your supposedly hidden stop and limit orders. It's yet another recent story that our financial system has evolved primarily to the benefit of the perpetuation of the financial system itself. It's become a parasite on the rest of society by skimming money out of our 401ks in the name millisecond level "liquidity".

It upsets me to read this because the solution for most folks is simply not to play the game - but that's not really a good use of your capital either. I guess ultimately it's just disappointing that a stock market system designed to help companies raise money and let investors create a market for the investments has turned into a poker table where the guy on the other side with the fastest computer in-a-way gets to see your cards before he places his bet.

Apparently Senator Chuck Schumer is working to get the SEC to act to limit/restrict the use of these flash orders that are supposedly letting high frequency traders see info that other market participants can't see or respond to.