Day Traders To Billionaires - Online Trading In The 1990's Patrick Boyle On Finance podcast

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Patrick Boyle On Finance «
Day Traders To Billionaires - Online Trading in the 1990's

3+ y ago 18:05

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Todays podcast is about the history of day trading and day traders. In order to better understand how markets work it is worth taking a look at the history of retail day trading, which goes back to the late 1980’s, when new technologies allowed a small group of smart and aggressive traders to take on Wall Street and win. Nasdaq market makers at the time called these traders the SOES bandits. We discuss the market inefficiencies that the early day traders were exploiting, what became of them, and if there are lessons applicable to today’s markets. We will see how the ideas of these early day traders transformed into modern high frequency trading.
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