New Delhi, July 11 -- '"The stock market is a device for transferring money from the impatient to the patient."
-Warren Buffett
The recent saga around the trading activities of Jane Street have brought to light the huge advantage institutional traders have over retail traders.
It's very hard for the little guy to compete with the big boys of Dalal Street even if the playing field was completely level, which it's not.
Whenever there is a big event that moves the market, the retail crowd always ends up chasing prices. On the other hand, the 'smart money' is already profiting from the price move that retail traders are trying to ride. This is because they were already in a position to profit.
This can be disheartening to investors or tr...
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