Are traders bored?

[Overnight]

...

What do you think?

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I think that buying stocks for the long-term helps the shareholders, who do not represent the economy. Ergo, selling stocks does not either.

 

[Tradex]

I think that buying stocks for the long-term helps the shareholders

Yes, that too, but keep in mind that stock trading exists because a lot of businesses need to raise cash (to pay their debts, create new products or expand their activities).

A Stock Exchange is not a casino, it serves a very legitimate business need.

And as such, it helps the economy.

Happy 4th of July guys.

 

[Nobert]

When bored, use imagination.

Forgot vol.

 

[tayte]

Volatility has dropped a lot wondering if traders are becoming bored and start asking if what they are doing is ethical?

Is this thread racist?!

 

[maxinger]

Volatility has dropped a lot wondering if traders are becoming bored and start asking if what they are doing is ethical?

you mean
'Volatility has dropped a lot wondering if traders are becoming bored and will start to do
unethical thing? '

 

[volpri]

We market speculators collectively make markets and provide liquidity to the markets. In doing so we absorb risk making participation less risky for more conservative market participants such as investors and hedgers. In return, we reserve the right to profit from our speculations. To someone who believes in a capitalistic system, there is nothing unethical about this. And I am certainly not alone in sharing profits with charitable interests as well as with family and friends.

As far as bored...no, when things are slow I pick up a guitar and run scales or practice riffs or get up and do bits of wing chun, tai chi or qigong form. I also watch music, martial arts, inspirational or philosophical videos on YouTube. I like my life.

Good deal Speedo. That is certainly one way to deal with what appears to be slow days.
As for myself I never get bored trading. I see money that can be made on most any bar. If it is so slow I just dial down to a smaller TF. But then I am a scalper. Some of the slow days are some of the strongest trends days. For example a SPBL trend day (Small pullback bull trend). A day where pullbacks are small. Bars can be small. Angle of attack” on the trend i.e. the slope can be slight…… barely creeping up but it is RELENTLESS. It continues up with on small PB’s …no BO’s…It is basically bullish institutions buying every PB. All the bearish institutions cannot push price down. Lots of money can be made in this scenario. Low volatility…small bars…small PB’s…. looks like very little movement…These are some of the easiest days for a scalper to make money. Even though it may seem to be so slow like “paint drying” IF one knows how to trade this he can stay busy the entire session and make a bucket load of money. These are actually some of the strongest trends there are and the environment is ripe for averaging down over and over again with little drawdown. No need to be bored on such days. I Capitalize on them. Same goes for SPBR (small pullback bear trend) days.

 

[Retief]

99% of traders are philosophers, especially after losing money. Their conclusion invariably is that the market makers are unethical and conspiring against them.

99% of traders are AMAZON DELIVERY DRIVERS, especially after losing money. Their conclusion invariably is that the market makers are unethical and conspiring against them.

 

[maxinger]

99% of traders are AMAZON DELIVERY DRIVERS, especially after losing money. Their conclusion invariably is that the market makers are unethical and conspiring against them.

those Amazon delivery drivers (the 99% of traders ) ought to
do trading, and be ethical or unethical market makers.

 

[newwurldmn]

I think that buying stocks for the long-term helps the shareholders, who do not represent the economy. Ergo, selling stocks does not either.

yes. Buying stocks in the primary market helps the economy. It funds economic growth. Buying and selling stocks in the secondary market only creates value to the economy in that it gives investors in the primary market confidence they can exit their investment if they had a need to.

how much would a VC value a company if they could never IPO it?

 

[kmiklas]

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.

Not at all ethical! You should be drinking whiskey, like a grown-up.