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I think you are talking about market capitalization of a company. It doesn't seem like you understand what the term "zero sum game" means. It's a different context.

failed_trad3r: The "wealth" that you spoke of are money brought forth by other people (they may obtain this money by borrowing). Your perception of "stocks create wealth" is only true from the perspective of someone who bought the stock at a lower price and now sell the stock at a higher...

MK: What you said is true. I did not consider trading stocks on margin. The zero-sum versus not zero-sum was strictly from the assumption of basic stock buying and selling. There was a time that our stock market had a lot higher margin leverage than 2:1 or 4:1. But with the housing...

I think some of you guys are really mixing apples with oranges. There are many commentators saying different things and I can't keep up with who had said what so I won't quote them. First off: The game theory. It is not my definition. It is the definition by mathematicians. I quoted...

I think some of us may have missed the definition of "zero sum" according to the game theory, which was the point of the original post. Excerpt from wiki: In game theory and economic theory, zero-sum describes a situation in which a participant's gain or loss is exactly balanced by the...

The futures markets are zero-sum. Commodity producers want to hedge, they sell. Manufacturers want stable prices, they buy. Speculators do both. Every buy is matched with every sell. That creates the open interest (number of contracts). One person's gain is directly coming from someone's...

I found that my income does not directly increase with experience in the markets, but directly with the volatility of the markets. I did well in 2007, then exceptionally well in 2008. 2009 good but not as good. This year it dried up. I could not adapt fast enough. Experience in the...

I started with Quick and Reilly "deep discount broker". Something like $70.00 commission per trade. Hey... that WAS Deep Discount at the time. Then I moved to Jack White & Company. Something like $30 per trade. Still steep. Then I had tried E-Trade, Lombard, Ameritrade, Datek...

I don't think 40% down should be skirted under "it is part of the game". If you lose 40% of your equity in one trade, you have taken on too much risk. It is gambling not trading. Or that you are very under-capitalized. If you have a peak-to-trough 40% drawdown in your equity... it...

I am sorry. I misunderstood what you meant by "game". You mean like an arcade game and you guys see who presses the buy and sell buttons the quickest? Keep up your unappreciative attitude towards those who tried to help you. Many of your future employers would love that.

Try ThinkOrSwim. www.thinkorswim.com You can open an account today (no funding required) and start using their trading software. In their demo environment (PaperMoney), they even give you $200000 paper money to play with. Yuu hoo!

Just think that with all the resources and advanced technologies, the USA would win in Vietnam, right? Sun Tzu, The Art of War: ..... Hence the saying: If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy...

LOL! Ha ha... That is hilarious! :p

Different people trade differently. Most of us have the tendency to project how we trade on to how other people *should* trade. You can make money using one laptop. Sure! You can make money trading on an I-phone! What's the point of having 3 monitors? And you can make money trading...

Apparently my post attracted some attention. On second thought, I think "suck" is too strong a term to describe RealTick's charting capability. Let me change it to "usable". But not that exciting. You would get the regular stuff: candlestick/bar, different periodicities, and add some...

I have both RealTick and TradeStation. They have different strengths and weaknesses. I use RealTick as my primary trading platform and TradeStation for charts. RealTick: Order placement, modifications, keyboard macros - superb. Fast. Change your bid price by 1 penny? Done in 0.5 seconds...

Retirees who live in the basement with their parents and spend all day trolling the Internet. :D LOL on some of those stereotypes.

ET is the wrong place to get inspirations. This kind of comments is so irrelevant.

If Edison was so brilliant, perhaps he could have produced a workable light bulb after 10 or 100 failures? He succeeded through perseverance is the point. Some people learn fast. Some people learn slow. I am in the latter camp. Some people claimed to be profitable after 3 months of...

I really like to meet those successful traders who started out believing that they are failures, they are just part of the 99.99% statistics.