Why aren't you defending the people he ridicules Spy?... because you are his cabana boy.... thats why you can't be taken seriously
Sheesh, you mean you don't trade with an infinite bankroll, must be tough I see what you mean, should've thought twice before posting, lol.
When noticed and where warranted, I have. Feel free to look in the Futures Thread to locate one recent example. Why haven't you chosen to use the ignore function again? - Spydertrader
Well you haven't noticed much... and I'm not surprised... don't feign objectivity when you are running his journals
How quickly a perfectly interesting thread turns to a flame... that sucks... The market has a difference from the roulette. The market won't describe a standard distribution, and therefore is not random. *************************** Any price quote you get for a security at a given time is an equilibrium at that time given the available information [supply and demand had to agree at that price]. when you go from determining the price of an asset with a few points of equilibrium per monetary unit [say a dollar] to pricing it with many points of equilibrium on the same monetary unit. In order for this to work you need to have much higher volumes, so that all those prices will remain liquid. Therefore you have many more buyers and sellers casting their votes [1 share = 1 vote] on the price of the stock and agreeing on the equilibrium price. And therefore the equilibrium price can be considered to be more accurate.