garfaagel@sh.itjust.works to Today I Learned (TIL)@lemmy.ca · edit-211 months agoTIL that in 2010 the stock market experienced a flash crash, caused by automatic trading. Over a trillion dollars were lost and mostly regained, all in 36 minutes. Exact causes remain disputed.en.wikipedia.orgexternal-linkmessage-square30fedilinkarrow-up1337arrow-down15
arrow-up1332arrow-down1external-linkTIL that in 2010 the stock market experienced a flash crash, caused by automatic trading. Over a trillion dollars were lost and mostly regained, all in 36 minutes. Exact causes remain disputed.en.wikipedia.orggarfaagel@sh.itjust.works to Today I Learned (TIL)@lemmy.ca · edit-211 months agomessage-square30fedilink
minus-squarelivus@kbin.sociallinkfedilinkarrow-up21·11 months agoYeah it’s great. Was the nail in the coffin for any weird fantasies I had about day trading. Can’t compete with that.
minus-squarebionicjoey@lemmy.calinkfedilinkarrow-up14·11 months agoHonestly I think it should be required reading for anyone who is planning on investing at anything shorter than a quarterly timescale
Yeah it’s great. Was the nail in the coffin for any weird fantasies I had about day trading. Can’t compete with that.
Honestly I think it should be required reading for anyone who is planning on investing at anything shorter than a quarterly timescale