Is Trading Dying Out?

olias · Jul 12, 2010

Quote from William Rennick:

As far as ET, this joint has definately died down. The likely result of blown out accounts and an economy that can't reload them or produce new ones.

That's it. If and when the economy is in swing again, you'll see activity pick up again.

wrbtrader · Jul 12, 2010

I saw the biggest change in ET in 2009 after the fall of 2008...a financial crisis making headlines everyday, congressional hearings, bailouts, corruption et cetera.

Mark

dealmaker · Jul 12, 2010

Trading is dying.

1) High Frequency Trading

2) Flash crash - lots of margin calls

3) The upcoming transaction tax.

Bolimomo · Jul 12, 2010

Quote from MarketOwl:

I remember viewing the trading threads back in 2006, 2007, 2008 and they were lively with lots of activity but things have gotten a lot quieter in 2010.

Are there that many fewer traders out there? Have they gone bust? Are the high frequency traders and the bots sucking the life out of the markets?

Are we talking about the lack of traders in trading the markets? Or the lack of participants posting in this forum? They are not necessarily linearly proportional to each other.

With the reduced traffic in this forum, partially it could be due to online attention competitions: many more websites, many more online forums, chatrooms, Twitters, Facebook, blogs, etc. than a few years back. Even if the number of traders is constant for the past few years, their attention can be spread over many other things.

wrbtrader · Jul 12, 2010

Quote from Bolimomo:

Are we talking about the lack of traders in trading the markets? Or the lack of participants posting in this forum? They are not necessarily linearly proportional to each other.

With the reduced traffic in this forum, partially it could be due to online attention competitions: many more websites, many more online forums, chatrooms, Twitters, Facebook, blogs, etc. than a few years back. Even if the number of traders is constant for the past few years, their attention can be spread over many other things.

I think it involves all the above because I saw an influx in users talking about trading during the financial market collapse of 2008 on several different social networks (e.g. twitter, facebook) about the same time as noticing a change in Elitetrader.com and other forums.

Mark

MarketOwl · Jul 12, 2010

Quote from Bolimomo:

Are we talking about the lack of traders in trading the markets? Or the lack of participants posting in this forum? They are not necessarily linearly proportional to each other.

With the reduced traffic in this forum, partially it could be due to online attention competitions: many more websites, many more online forums, chatrooms, Twitters, Facebook, blogs, etc. than a few years back. Even if the number of traders is constant for the past few years, their attention can be spread over many other things.

Lack of traders in this forum. I still think there are a lot of traders out there. But they are probably less hyperactive as they were before. A lot of the excitement has been taken out of stock trading, there is less speculation and thus less spectacular moves in individual stocks.

ambient(MP-5) · Jul 12, 2010

Algorithms taking over, plus a lot of guys were stopped out in the chrash.

SnakeEYE · Aug 4, 2011

Quote from MarketOwl:

Are there that many fewer traders out there? Have they gone bust? Are the high frequency traders and the bots sucking the life out of the markets?

Bots sucking our blood!We need great golden copulation!!!

HTmarket · Sep 12, 2011

1- More websites,
2- More aspiring traders are concentrating on automation (MT4, NT, TradeStation). Some websites/forums concentrate more on this subject.
3- Forex fits better in peoples schedule. You can keep your day job. These guys tend to hang out on forums with a focus on FX.
4- There's too much bashing on this site about the industry which has put off aspiring traders as well as profitable traders.

Eight · Sep 12, 2011

Quote from HTmarket:

1- More websites,
2- More aspiring traders are concentrating on automation (MT4, NT, TradeStation). Some websites/forums concentrate more on this subject.
3- Forex fits better in peoples schedule. You can keep your day job. These guys tend to hang out on forums with a focus on FX.
4- There's too much bashing on this site about the industry which has put off aspiring traders as well as profitable traders.

Libs discovered this site, populated largely by conservatives back then, they came and started trashing every forum... now the whole place is just... well, it's trashy!!