is the decimal system in stocks the reason day trading died?
in stocks...or you think cause the flame of daytrading tech stocks in the 90's died when they all went south?
Public Comments
- The decimal system improved it, as the spreads suddenly became much smaller. What killed a lot of daytraders was the internetstock boom and bust in 2001.
- Decimals may have narrowed the spread, but they killed liquidity and volitility...both key to day trading. The combo of decimals and tech bear market killed day trading. You could no longer just buy stock and watch it go up. Kind of like buying real estate nowadays.
Powered by Yahoo! Answers