[Soultrader]

Thank you notouch. Some excellent points you bring. Very interesting how you mention that only a minority of trading activity is speculative. The reason I say this is because in my opinion, any type of trading is speculative in nature. Including commercial activity, hedging, arbitrage, etc.. Traders are all placing a bet to extract money. Maybe someone can add some better input for me.

Another thought that came up... can we expect to see a more trending market if more traders become automated? All the chop and noise is created by a battle of emotions imo. Or perhaps a 1minute chart will start to appear like a 3min, a 5min like a 15min, etc..?