Volatility has dropped a lot wondering if traders are becoming bored and start asking if what they are doing is ethical?
Like every year in July and August, Traders are in vacation. I am beginning to ask myself if what I am doing now, enjoying a Pina Colada on the beach.. Is that ethical.
IMO being chronically on unemployment support is the most unethical thing one can do, that is amongst the list of things that are not breaking the law. Successful traders contribute in the form of taxes.
If there is any unethical people around, top of the list is the no good politicians writing all those tax loopholes for their billionaire buddies to use. Second is the billionaires who line the pockets of these no good politicians with tens of millions of campaign cash, in a quid pro quo. Third, most immoral are the corrupt judges, attorney generals who refuse to enforce US laws as written and selectively, enforce US laws. There are more, the traitors who betray the US in our intelligence services who sell out US military secrets to foreign governments for monies. Add the dumb voters who put these SOBs in power.
99% of traders are philosophers, especially after losing money. Their conclusion invariably is that the market makers are unethical and conspiring against them.