- Are there any traces on $K(H)$ for an infinite dimensional Hilbert space $H$?
I think that the answer is no: viewing $K(H)$ as a direct limit of matrix algebras, if there was a trace we knew what it does on each copy of the matrix algebras (by uniqueness). But then it can not be extended naturally (for example, from $M_2$ to $M_3$, by the connecting maps).
Is it the motivation for the trace class operators?
Moreover, I know that there is no trace on $B(H)$ and one proof is by showing that it must be a sum of commutators. If we know that there is no trace on the compacts, doesn't it imply that there is no trace on $B(H)$? Because if $\tau$ was a trace on $B(H)$ then its restriction was a trace on $K(H)$, thus must be zero. But if it is zero on the compacts it is also zero on $B(H)$ because $K(H)$ is SOT dense in $B(H)$, am I wrong?
Thanks