> It tells you something about how much a gambling place the market is when a site like this has a one day default for the price change. When it comes to a high level view of the market, why would I care for a comparison of todays prices to ... YESTERDAY??
Treeviews are pretty common views for traders trying to get into new markets. Just like a software engineer understands that the backbone of our networks is retries and waits, traders will create funds that smooth over this kind of daily volatility for people that just want to have their capital appreciate. Imagine explaining to a non software engineer that actually things on the internet are failing all the time and turning them off and on again (retries) is actually how we make sure it all works ;) (and obviously the math that underpins it all is pretty much the same. Networks and markets run on RVs and time-series.)
There is undoubtedly European versions of this btw. If I get around to it after work I'll try and post some.
Treeviews are pretty common views for traders trying to get into new markets. Just like a software engineer understands that the backbone of our networks is retries and waits, traders will create funds that smooth over this kind of daily volatility for people that just want to have their capital appreciate. Imagine explaining to a non software engineer that actually things on the internet are failing all the time and turning them off and on again (retries) is actually how we make sure it all works ;) (and obviously the math that underpins it all is pretty much the same. Networks and markets run on RVs and time-series.)
There is undoubtedly European versions of this btw. If I get around to it after work I'll try and post some.