how do you evaluate yourselves, speculators?
- Thread starter worthytwo
- Start date
The liquidity provided by traders enables those who wish to sell (speculators, farmers, etc.) to do so at a fair price. We provide a fair market, which is essential to those who create product. In exchange for performing this function we try to get a little off the top, like every other middleman.
-Raystonn
-Raystonn
Quote from worthytwo:
yes, speculators do provide liquidity, but that is the objective result ,not their subjective goal. I guess everyone of them intends to take money out of others' pocket.
Liquor store owners' goals are usually to make money. One of the results is that they provide others with liquor.
Real estate agents' goals are usually to make money. One of the results is that they help others to sell or find a home.
Stock, option, and future speculators are fundamentally no different than either of the above. The only difference is the underlying instrument being traded.
-Raystonn
Quote from worthytwo:
Do you consider yourselves as the people who are smart to redistribute the wealth by trading and rediscover the real value of things your trade, or the even vampires who create no value but suck blood all around?, or some image between?
Speculators are Capitalists.
It tends to be the Socialists and Marxists who view Capitalists as vampires or out to pick the pockets of others. I guess you fall into that camp.