Yes I know this has been fact checked, but I don’t want to complain about that.
I want to complain how often we hear “down” or “up” by points or dollars over a very short period of time.
It should always be talked about in %. Because people who invest the money don’t give a rats ass about the $ or point increase or decrease. They want to know how much they lost or gained.
Unless you are a broker or market maker, then you care, because it becomes about the volume of trades rather than the actual gain/loss.
Yes I know this has been fact checked, but I don’t want to complain about that.
I want to complain how often we hear “down” or “up” by points or dollars over a very short period of time.
It should always be talked about in %. Because people who invest the money don’t give a rats ass about the $ or point increase or decrease. They want to know how much they lost or gained.
Unless you are a broker or market maker, then you care, because it becomes about the volume of trades rather than the actual gain/loss.
this is true and no one but you is saying it