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Yes, and that gain would be exactly offset by somone else's loss.

I begged. I pleaded. But, this thread made it past 40 pages anyway. What a disappointment. :(

No, you were told to get a dictionary, not a fake encyclopedia. Try this one: http://dictionary.reference.com/search?q=zero-sum%20game

Good job! Take a big loss in the CHF and add to your yen position. That's your best chance at ending up in the black. As Electric said "Put it all on red"

Go to bed. WTF does that have to do with market mechanics?

"Nothing to worry about" At least he's not as straightforward as the folks at Enron. i.e. "You aint seen nothin yet!"

You're right. I'm pretty lame and have nothing better to do than be entertained by morons like this. boredom will be the death of me.

Not really sure what that means. If it means doubling down, then you are definitely the guy that I want managing my money.:eek: And if 10-15 pips profit is what you consider a high probability set up.......

The worst traders I know are the ones that cannot admit they are wrong. You guys are worse than them, because not only can you not admit you're wrong, but you keep arguing to the contrary. But what if you count this... But what about the time that so and so made money selling whores...

So, on Saturday, when I responded to the original post, I wasn't really sure whether the stock market was zero-sum. I was sure that the futures market was. I never would have imagined that this thread would have taken up more than 30 pages, and I certainly would never expected people to be...

I don't know about you, but the market doesn't have to go up for me to make money.. As for the commissions, they are paid by everyone, not just the losers.

Umm. I think I already did a couple times. Let's try again. He sold a futures contract. The price of corn went up. His account was debited (by the same amount that someone elses account was credited). I really don't know what to tell you. dictionary.com, the cme and the cbot, all say...

It is a loss because the position is marked to market daily. http://www.cme.com/edu/course/intro/futrvsstck9697.html

You didn't like my first two links? Fine. Here is another: http://dictionary.reference.com/search?q=zero-sum%20game "zero-sum game A situation in which one person's gain must be matched by another person's loss. Without considering taxes and transaction costs, many types of...

Because he sold corn at a price below the prevailing market price. He lost money on the futures contract. It doesn't matter if he made money by growing corn. HE LOST MONEY ON THE FUTURES CONTRACT, and it was the same amount that the other traders made cumulatively.

Why do I bother? It has nothing to do with one's goals. http://www.pathtoinvesting.org/categories/choosinginvestments/futures/futures_071.htm http://www.investopedia.com/terms/z/zero-sumgame.asp By the way, I concede that the stock market is non-zero-sum.

The futures market is a zero-sum game by definition. It has nothing to do with whether prices are going up or down, or whether value is being created in the economy. I cannot buy a futures contract unless someone else goes short. Therefore, if I make X dollars, the short loses X dollars. If...

Stalker, all too true. I'm going to the bar. But before I do, I'd like to pull up a quote from the initial post. I think we all agree that the futures market is a zero sum game. If you don't believe that, then you should probably go to the bar too. So, madmunny, do you think that since...

Assuming you don't go bankrupt next week, I suggest you keep this thread open for several months. See how long you can go before you're belly up.

If you account for DD the way mr double does, then it's possible to never have a DD until one day when you have a 100% DD. :eek: