So utilizing information discovered or obtained from independent researches from public sources and personal expertise to trade is not inside trading, albeit ho

So utilizing information discovered or obtained from independent researches from public sources and personal expertise to trade is not inside trading, albeit how your conclusions are asymmetrical, inaccessible to others, or how impactful they are - since it's inherently no difference from any other type of market analysis, and it's literally the job of financial analysts. And it's also the function of the market: take all these trades as inputs, calculate its output - current price. Makes perfect sense to me now. I now realized I've some serious misunderstanding of insider trading. Thanks for clearing it up for me.