037: Futures Trader 71 – Understanding Areas of Acceptance, Thinking in Probabilities, and Creating a Legacy
Chat With Traders
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The Purpose of Trading
The idea that traders create exaggerate moves or create volatility is absolutely false. My participation in the market allows much, much bigger traders to have more prices for them to get in and out of the market. Imagine the spread that would exist in Goldman Sachs if traders were not in there. If I didn't exist, then imagine a factory making a car and trying to sell it directly to the consumer. It would be very difficult to do that.
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