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The people GP was talking about--keeping super complicated Excel spreadsheets and whatever--are almost certainly not investing. They're day- or swing-trading, p
by sidlls 3y ago
The people GP was talking about--keeping super complicated Excel spreadsheets and whatever--are almost certainly not investing. They're day- or swing-trading, playing "technical analysis" games, and engaged in all manner of snake-oil "strategies".
- xboxnolifes 3y agoI'm also talking about day-trading here. A retail investor might find worth in being a market maker for a few things which each have a daily volume of $25,000 and 1% margins. An institutional investor may see that $25,000 volume as a rounding error.