3 ms·
Why 24/7 trading is a bad idea
- mikestew 1y agohttps://archive.ph/0PPOh https://archive.ph/0PPOh
- mikestew 1y agoI think one must first argue why it is a good idea. “It is already being done through back channels” is not an argument I find compelling. In some respects it strikes me as keeping the casino open longer.
- _giorgio_ 1y agoThe back channels have nothing to do with the real price. Volume is very small and barely affects sentiment.
- readme 1y agoit's a bad idea because your money will run out faster, if you just trade 9-5 you can space your losses out
- amadeuspagel 1y agoEvery institution competes for attention. When you can check twitter 24h, but the stock exchange only for 8 hours (and these 8 hours may not be among your waking hours), that makes twitter feel more real.