Market is dead?

[CoolHandLuke]

“A path is only a path, and there is no affront, to oneself or to others, in dropping it if that is what your heart tells you . . . Look at every path closely and deliberately. Try it as many times as you think necessary. Then ask yourself alone, one question . . . Does this path have a heart? If it does, the path is good; if it doesn't it is of no use.”
―Carlos Castaneda

 

[Swan Noir]

Does that mean you have been very unhappy for a long, long time?

always makes me happy to see GS lose money, not sure why

 

[Bob111]

Every month my profit is getting smaller. Probably i will chose "die" soon

yep...welcome to my world(DM)

 

[Bac0n]

This dow uptrend is crazy from 6,000 to 17,000 things get very quiet in trends
like this, also there's no bad news anymore that move the markets.
This uptrend can't go up forever soon or later is going to fall, then you are
to see the volume coming back...

 

[xelite777]

So how bad is the change in the real trading volume for trading? for industry insiders.

goldman sachs is selling their market making business for stocks for less than 30 million. they paid over a billion in 2000.

market makers make money on volume same with traders.

hedge funds and mutual funds make their money on management fees or size of their portfolio. totally different lines of business.

Even in the money management business, hundreds of funds have closed.

there is still a "market" but it's not what it seems. it's like shell of what it used to be.

Here is the secret : do NOT trade dead markets, trade active, volatile financial instruments with solid volume and a wide average daily range (there are plenty of them everyday, stocks, Forex, commodities, you name it), that's it.

Fish where the big fish are.