Majority of money still flowing to well connected insiders? Check. (who do you think is on the other side of trades?)
Who are these "insiders" you refer to? Why does it matter who takes the other side of the trade? If you got filled and you got the price you wanted (or better), the system worked.
The professional stock traders and their supporting institutions who, given that this is their day job and you're part-time, are more knowledgeable, better connected, and quicker to react. "Amateur investing" is part herd following and part gambling, with a serious case of hindsight bias.
Comments
Majority of money still flowing to well connected insiders? Check. (who do you think is on the other side of trades?)
Who are these "insiders" you refer to? Why does it matter who takes the other side of the trade? If you got filled and you got the price you wanted (or better), the system worked.
The professional stock traders and their supporting institutions who, given that this is their day job and you're part-time, are more knowledgeable, better connected, and quicker to react. "Amateur investing" is part herd following and part gambling, with a serious case of hindsight bias.