As an aside, learning, like outperformance, is incompatible with the efficient markets hypothesis, according to which the markets follow a random walk and you can no more learn to trade them than you can improve at flipping coins. Our data therefore suggest the markets are not in fact random.
Kronicle TV: Reminiscences of a Stock Operator Video Review
Both the terms “stock operator” and “speculator” are outdated. There is so much more that goes on to prepare when you are a professional prop trader.
September 01 2010

















