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People are rightly warned not to trade in OTC stocks if they don't know what they are doing, but I bet most people understand that warning to be about the compa
by markonen 10y ago
People are rightly warned not to trade in OTC stocks if they don't know what they are doing, but I bet most people understand that warning to be about the companies likely being dodgy rather than about the market itself being rigged.
If the market mechanics mean it's essentially house-always-wins, you bet I'm paternalistic enough to advocate regulation against offering these casino chips to retail investors.
- x1798DE 10y agoWhy make a distinction between retail and individual investors? Either it's rigged, in which case it's almost certainly fraud, or it's not rigged and that means it's not exactly "house-always-wins". Like I said, making it so only certain people can participate in the market seems like the last step, not the first.