my point is that more market participants makes for a more efficient market place, something that all market participants benefit from... while more players around the table doesn't affect the game, it just makes for a bigger game, something that not all player benefit from
Neither creates wealth and merely shifts it around
more daytraders means more participants in the market place, more participants means more liquidity and more liquidity means a better functioning market place. A market with no liquidity, is a market that is not trading, ie the 2008 market, where bids and offers are worlds apart, this is bad for ALL the participants from big institutions to small retail guy, much like you I presume...
Hence daytraders, while you may not realize it are providing a service for the market place at their own risk and are compensated accordingly.
Slashdot Mirror
I need a car metaphor.
A car is like a house. If you nuke it, people inside die
who uses a book in a world with Google?
...on poutine?
hmmmm, d'la poutine
Another great idea signed by UK's gov
Or even simpler, its simply that they're doing something with their brain
my point is that more market participants makes for a more efficient market place, something that all market participants benefit from ... while more players around the table doesn't affect the game, it just makes for a bigger game, something that not all player benefit from
Neither creates wealth and merely shifts it around
more daytraders means more participants in the market place, more participants means more liquidity and more liquidity means a better functioning market place. A market with no liquidity, is a market that is not trading, ie the 2008 market, where bids and offers are worlds apart, this is bad for ALL the participants from big institutions to small retail guy, much like you I presume... Hence daytraders, while you may not realize it are providing a service for the market place at their own risk and are compensated accordingly.
simple solution really ... stop smoking weed