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Your comment sounds cynical but I totally agree with you. As a long time (now ex) trader I can tell you that the professionals have a tremendous information adv
by anonu 3y ago
Your comment sounds cynical but I totally agree with you. As a long time (now ex) trader I can tell you that the professionals have a tremendous information advantage over the retail investor. And even then they don't make money consistently. Edge is everything.
Regarding insider info, I apply the cockroach theory: there's never just one. You see the SEC bring insider trading charges all the time. This is probably a fraction of what really goes on in the markets.
- chii 3y ago> the professionals have a tremendous information advantage over the retail investor. but do these traders beat the market on average though?