Is trading a useless/unproductive activity??
- Thread starter gifropan
- Start date
there are many unproductive activities in the modern world. thats one reason why things are so fucked up.
100 years ago, just about everyone did something useful. or they died.
now , those same scum are on welfare. or trading forex
you figure it out.
and no, trading is not useful. its on a par with casino gambling. good for the industry, other than that , just entertainment.
and if you make a living at it, that means there is something useful you could be doing that you're not.
dont bother to agree or disagree, this is the gospel.
100 years ago, just about everyone did something useful. or they died.
now , those same scum are on welfare. or trading forex
you figure it out.
and no, trading is not useful. its on a par with casino gambling. good for the industry, other than that , just entertainment.
and if you make a living at it, that means there is something useful you could be doing that you're not.
dont bother to agree or disagree, this is the gospel.
If you trade for your own greed to collect as much material wealth as possible then yes I agree you are a parasite. If you have bigger plans, ( starting a charitable trust or giving away much of your time and money to those in need) then you are being more productive than you could in pretty much any other profession.
When I say (those in need) im not talking welfare drug addicts on the street. I'm talking starving children in africa who never had a chance to begin with.
When I say (those in need) im not talking welfare drug addicts on the street. I'm talking starving children in africa who never had a chance to begin with.
Not hard to tell the profitable traders from the unprofitable ones on here, that's for sure. Can you say sour?
Don't wonder, google it!
Let's consider some of the principles that explain the causes of shortages and surpluses and the role of speculators. When a harvest is too small to satisfy consumption at its normal rate, speculators come in, hoping to profit from the scarcity by buying. Their purchases raise the price, thereby checking consumption so that the smaller supply will last longer. Producers encouraged by the high price further lessen the shortage by growing or importing to reduce the shortage. On the other side, when the price is higher than the speculators think the facts warrant, they sell. This reduces prices, encouraging consumption and exports and helping to reduce the surplus.
Another service provided by speculators to a market is that by risking their own capital in the hope of profit, they add liquidity to the market and make it easier for others to offset risk, including those who may be classified as hedgers and arbitrageurs.
Let's consider some of the principles that explain the causes of shortages and surpluses and the role of speculators. When a harvest is too small to satisfy consumption at its normal rate, speculators come in, hoping to profit from the scarcity by buying. Their purchases raise the price, thereby checking consumption so that the smaller supply will last longer. Producers encouraged by the high price further lessen the shortage by growing or importing to reduce the shortage. On the other side, when the price is higher than the speculators think the facts warrant, they sell. This reduces prices, encouraging consumption and exports and helping to reduce the surplus.
Another service provided by speculators to a market is that by risking their own capital in the hope of profit, they add liquidity to the market and make it easier for others to offset risk, including those who may be classified as hedgers and arbitrageurs.