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colechristensentoday at 4:02 AM2 repliesview on HN

If you're not trading overnight and there's a flash crash that corrects itself overnight... it's the people who are trading overnight taking money from each other.


Replies

gizajobtoday at 6:42 AM

It’s easy to forget that “overnight” trading is the middle of someone’s day, somewhere. Generally Asia.

bastawhiztoday at 4:45 AM

Most Americans who invest money don't trade at all. They pay some guy at a bank to do it, and the guy at the bank is exactly the kind of guy who is trading at 3am.

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