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Post by peppy on Dec 18, 2015 16:22:46 GMT -5
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Post by mssciguy on Dec 18, 2015 16:28:11 GMT -5
How much of the volume that we see is "real" or better put, "apparent" ? How much is in the dark pools for most of the day, which of the 15 exchanges or is it all on GSCO's or some other platform? When the huge volume occurs at EOD, how much is "real"? I have no clue. Glad I am in this for the long haul. Would not attempt to daytrade this. Let those bald guys you see on the floor earn their money to get transplants, I hear they are expensive.
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Post by dreamboatcruise on Dec 18, 2015 21:13:04 GMT -5
I have no clue. Glad I am in this for the long haul. Would not attempt to daytrade this. Let those bald guys you see on the floor earn their money to get transplants, I hear they are expensive. My brother used to be floor options trader. He found it less stressful than previously working as attorney. Surprised me, but he explained that it was a job you could leave at work. Nothing to worry about doing while the markets were closed. Of course he was with a MM firm where most of their profits really were from being middle man... and providing liquidity when there was market turmoil, selling options at high price on fears (high implied volatility) and then unwinding positions when implied volatility fell. In that business the traders rarely knew much about what the companies actually did.
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Post by mssciguy on Dec 18, 2015 21:19:15 GMT -5
I have no clue. Glad I am in this for the long haul. Would not attempt to daytrade this. Let those bald guys you see on the floor earn their money to get transplants, I hear they are expensive. My brother used to be floor options trader. He found it less stressful than previously working as attorney. Surprised me, but he explained that it was a job you could leave at work. Nothing to worry about doing while the markets were closed. Of course he was with a MM firm where most of their profits really were from being middle man... and providing liquidity when there was market turmoil, selling options at high price on fears (high implied volatility) and then unwinding positions when implied volatility fell. In that business the traders rarely knew much about what the companies actually did. ja ja ja www.youtube.com/watch?v=NkuUuBt7nrE
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