trader1

3 ms·

1. 1.▲
   by trader1 6y ago

   I agree that the data is quite noisy, and the choice of weighting (by users instead of dollar value traded) may significantly influence results. Then again, after reading r/wallstreetbets, I am not so sure ;).
2. 2.▲
   by trader1 6y ago

   The article reads like it was written by someone who has a deep interest in finance, but hasn't worked much in the industry. Markets are quite efficient, but there are pockets of risk premia driven by regulatory/intermediary const
3. 3.▲
   by trader1 6y ago

   Trading costs are a thing. In an efficient market I would expect ex-ante negative performance versus the benchmark.