My reply to TradingPro is similar to my post here.

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KMBJN Thursday, December 21, 2017 9:43:57 AM
Re: AlanC post# 209335
Post #209353 of 209455

Alan, aren't the numbers similar for all stocks traded on the exchanges, as reported by FINRA?

If you believe the "system is fraudulent and investors are being ripped off" then why invest in anything?

Most investors can do well investing in companies with bright futures and a few are able to do well trading.

A nice broad basket of stocks is up like what, 20% this year, and 200% off the 2008/9 lows?

Agree the system is corrupt, but it works for most people. Will you still be complaining about "shorts" (which I understand to be standard, non-fraudulent market mechanics) when IPIX rises?

Ideally we would have peer-to-peer trading with blockchain technology to know who really owns what .. perhaps facilitated by exchanges, and what is the record of all stocks owned (so no naked shorting could happen). Add in a small fee for trading (ala crypto "mining" to avoid abusive robo-trading, front-running and similar games, and we might eventually get a free market.

Why does a stock trade take 3 days to "settle" now anyways? Agree it would be nice to have all settle the same day, or even instantaneously. I don't know enough about market mechanics, but don't think the proposed changes will hurt "liquidity" and seem like they only will help make stock exchanges fairer.

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