Brownbag Seminars: What makes investors trade?

Abstract: This paper examines the pattern of buys and sells of a unique subset of retail traders with different levels of frequencies in a stock out of the benchmark Turkish BIST30 index in 2019. I try to examine the buy and sell behavior of small traders who are more aggressive and less frequent in trading. I show preliminary evidence that aggressive and less frequent retail traders are likely to be momentum traders and likely to be active if they are active at previous period in all type of frequencies.