#bstockscis @BinanceCIS
It’s interesting that sometimes statistics about traders’ behavior tell more about a product than the advertising itself.
For example, in $TSLAB , about 99.65% of trades by count were fractional, and they accounted for 88.5% of the total trading volume.
That is, fractional shares are not just a way to start investing with a small amount. Judging by the numbers, traders actively use them not only for that, but also for regular trading.
And here the logic is simple: instead of waiting until you have enough money to buy a whole share, you can determine on your own the exact amount you want to put into the position.
To me, the most telling thing is the ratio of trades: almost all transactions by count are fractional.
Apparently, for some traders this is no longer “an option for beginners,” but simply a convenient way to manage the position size.
It’s interesting that sometimes statistics about traders’ behavior tell more about a product than the advertising itself.
For example, in $TSLAB , about 99.65% of trades by count were fractional, and they accounted for 88.5% of the total trading volume.
That is, fractional shares are not just a way to start investing with a small amount. Judging by the numbers, traders actively use them not only for that, but also for regular trading.
And here the logic is simple: instead of waiting until you have enough money to buy a whole share, you can determine on your own the exact amount you want to put into the position.
To me, the most telling thing is the ratio of trades: almost all transactions by count are fractional.
Apparently, for some traders this is no longer “an option for beginners,” but simply a convenient way to manage the position size.