In the greater scheme of things, what is securities trading good for?
Trading the financial markets is the most vital part of the free economy and traders, investors and the whole network of financial institutions, investment Banks, mutual funds, hedge funds and brokerage firms, are the ones who maintain fair prices of all commodities and financial instruments available today. Prices need to be known to establish value in the current supply/demand relationship. A trader, no matter how small, contributes to the health of the market oriented economic system, its stability and progress, in the same manner his daily expenses contribute to the well functioning of the flow of goods and services from manufacturers to the consumers.