This thread is aimed at the veterans of the board. Those who have been around for a long time and have witnessed market action over a number of years, specifically - "back when the market was thick".
To give some context, my view of the market has been formed since about 2007. Back then I had just started to look at companies and had a very very basic understanding of market functions. To be honest, it wasn't really until about 2012/3 that I started to actually get somewhat of a decent idea of what was going on with regard to market functions and dynamics ..and that learning process is still compounding.
I have heard members make reference to the old days, back before the GFC, where the equity depth was thick, stops were trustworthy and even the SPI had enough volume to attract the traders who these days seem to focus on HSI, FTSE etc.
So what I want to explore is: What has changed exactly? Why people think this has changed? How your trading has had to adapt over the years, and what new changes can we possibly anticipate in the near term future?