Is trading gambling?
Writing about web page http://independentinvestor.info/PDF-Downloads/INVESTORS-INDIVIDUALS-10/doc.624-%20%20barber%20odean%202000%20Individual_Investor_Performance_Final.pdf
Following on the talk yesterday on trading. I am attatching this article which re-emphasizes the same point of view. This point of view is similar to the one held by behavorial finance experts. On the contrary to the irrational exuberance of traders there is some trading which is done based upon the fundamentals of the stocks but itis very minute compared to the total volume.