why on God's earth would someone want to be "recognized" Dude, you just don't get it....Have fun going broke
they provide liquidity on downtrends when in reality in the real world..you would have no bids..they put bids on the other side to provide short term liquidity like so they need low interest rates. in real market you have 100,000 shares on the ask and 5000 shares on the bid in downtrend. and buyers get taken out one by one in downtrend and you cannot sell large blocks into the market.
Trading is very hard job unless you have top quant skills and strategies that ride on the volume of movement. Only big houses can afford constant number cruching and Ivy league Phds creating new models and strategies. If you are recommending trading on own account to a new college grad, then you are sending him/her to some rough experiences....95% of the times.
Quants count as traders? Do they actually know what to do when a position goes against them (besides double down)?