I like trading. Who wants to try something new?

I was hoping you say I hired 10 and they are all market wizards now.

 

i didnt take a job with him but i'm still trading

 

we had lunch, a good discussion and went on our separate ways

 

Why may I ask?

 

at the time he was trading illiquid stocks and i was trading only very liquid stocks
cheers
toucan

 

Why you only traded very liquid stocks?

Intuitively I would think illiquid has less randomness vs very liquid means more randomness?

 

Risk management is much easier when the spread is tiny, and the big buyerz of the mega cap stox are typically not "sophisticated traders", you know, reading price action and waiting for levels before doing anything. Little stocks can be easily manipulated to get the redditers to try a short squeeze, which only fuels their demise when they finish spending their allowances.

 

Are you telling me liquid stocks are less random?

 

For the record. Ive never traded illiquid stocks or stocks at all. I trade futures.

 

Why you only traded very liquid stocks?

Intuitively I would think illiquid has less randomness vs very liquid means more randomness?

Back when i traded stocks i only used market orders.... minimal slippage for liquid stocks