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> The market moved on that information well before you saw it on the news, loaded up your web browser, and executed the transaction. Sounds like insider tradin
by inetknght 3y ago
> The market moved on that information well before you saw it on the news, loaded up your web browser, and executed the transaction.
Sounds like insider trading to me.
- stouset 3y agoSo for starters, insider trading exists and while it would be great to live in a world where it doesn’t, we live in this world where it certainly does. Second, even in a magical world where this doesn’t happen, institutional investors have literal teams of analysts working for them. They have bots responding to news reports and public filings, and the lowest latency possible connections to trading platforms. You have none of this.