Day Traders To Billionaires - Online Trading in the 1990's

Todays video is about 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 them the SOES bandits. We will talk about what market inefficiencies 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.
Book Recommendations:
Flash Boys by Michael Lewis: amzn.to/3iKduwh
Dark Pools by Scott Patterson: amzn.to/30OdW6x
SEC Litigation Release: www.sec.gov/li...
Patricks' Books:
Statistics for Traders: amzn.to/3eerLA0
Financial Derivatives: amzn.to/3cjsyPF
Corporate Finance: amzn.to/3fn3rvC
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