Is it a good idea to encourage ALL employees to trade in these markets? Should insiders and/or highly uninformed people be allowed to trade? Do they help or hurt the market?
The entire notion behind GPM is one that is supposed to involve everyone; however, this fact should be taken into account when analyzing the results of marketplace predictions. If highly informed individuals are allowed to trade, then obviously they will play a role in establishing the probabilities of outcomes. However, in addition to the knowledgable individuals who have an effect, there will also be the uninformed individuals who will serve to offset that effect and "recenter" the marketplace predictions. Just as in any situation, the more information a person possesses regarding possible outcomes in any situation, then the more educated their prediction will be and probably will more closely represent the truth. As the number of individuals trade grows larger, the beneficial or detrimental effect those with "insider information" as well as those who are clueless ultimately levy on the trade market will lessen, and in turn a representation of the overall majority of traders' predictions will be presented. Therefore, the more employees and people who trade, the better in my opinion.
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