Search


	Podcast:		Patrick Boyle On Finance
	Episode:		Day Traders To Billionaires - Online Trading in the 1990's
	Category:		Business
	Duration:		00:18:05
	Publish Date:		2021-01-07 00:00:00
	Description:		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. Patreon Page: https://www.patreon.com/PatrickBoyleOnFinance Book Recommendations: Flash Boys by Michael Lewis: https://amzn.to/3iKduwh Dark Pools by Scott Patterson: https://amzn.to/30OdW6x SEC Litigation Release: https://www.sec.gov/litigation/litreleases/lr17929.htm Patricks' Books: Statistics for Traders: https://amzn.to/3eerLA0 Financial Derivatives: https://amzn.to/3cjsyPF Corporate Finance: https://amzn.to/3fn3rvC Visit our website: www.onfinance.org Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyle Support the show (https://www.patreon.com/PatrickBoyleOnFinance)
	Total Play:		0