10-15 years covers the period 2002 to 2007. Actually 2005,2006, and most of 2007. were not the best trading years either. Just look at the VIX in 2005 and 2006 it was around what it is in 2017. The daily ranges in the ES and YM (in points) was often even less than it is today. I remember an ET thread started back in 2007 that opened with how many 100s of days it had been since the market had had a 2% drop in one day. Here is the thread its still running and shows how the markets (US stock indexes at least) haven't changed much in over 10 years. "928 days since the SP500 had a one day decline of >2%... Why argue against facts and statistics!!!!! Dipsters know: THERE IS NO RISK!!!!!!!!!" https://www.elitetrader.com/et/threads/gotta-love-zero-risk-in-the-sp500.85694/
There used to be opportunity to buy or sell shares from dummies on the bid/ask. Make spreads. Gone. Kaput.
I agree with the OP. I miss the markets of 1910, when there was no regulation and we could manipulate the market up and down not to mention the margin of 1:10. Those were the times!!!!
Yeah, I know all about it. Everyone has multiple edges , like 5 blade razors, but these poofters never actually say what it is. lol, who you shitting? PS I post winners all day on twitter. But the winners are not from an EDGE. They are from knowing how stocks trade. Big diff.
Exactly right...this market has rallied so hard so fast that a 20% drop that would be the norm in a real market would actually feel like a depression....no one and I mean no one would know what to do with a 20% dip....let alone a 5%... if there was a 5% drop cnbc would be running their programming well into the midnight hour to get all those talking heads back on television to let people know everything is okay and that it's a buying opportunity..