Sometimes I think that trading is a very bad job
- Thread starter mali
- Start date
Good luck trying to rob my grandma of her $$. She's the meanest trader I know. A real pit bull. No joke.
PEG LEG
Stocks aren't a zero-sum game, but futures definitely are.
I think the spirit of the initial thread was that, as traders, there is little to no prestige associated with being a trader, especially for, *gasp* retail day traders because of the perception that traders are non-productive bottom feeders. Whether or not thatâs actually true is irrelevant in the fact that people perceive this to be so.
Discuss amongst yourselves.
I think the spirit of the initial thread was that, as traders, there is little to no prestige associated with being a trader, especially for, *gasp* retail day traders because of the perception that traders are non-productive bottom feeders. Whether or not thatâs actually true is irrelevant in the fact that people perceive this to be so.
Discuss amongst yourselves.
I have not read this entire thread, so I do not know if this has been mentioned, but trading is absolutely critical in a complex economy such as ours.
The goal is essentially to transfer risk from people that should not be bearing that risk, to those that should or are willing to do so. I cannot emphasize the enormity of that single concept to the financial markets of the world.
All the way in the food chain are the daytraders that step in and provide liquidity to facilitate trade. We are definetly the grease that keeps the markets oiled.
nitro
The goal is essentially to transfer risk from people that should not be bearing that risk, to those that should or are willing to do so. I cannot emphasize the enormity of that single concept to the financial markets of the world.
All the way in the food chain are the daytraders that step in and provide liquidity to facilitate trade. We are definetly the grease that keeps the markets oiled.
nitro
The argument is utter nonsense.
If nothing else , look at all the brokers , data providers, and headshrinkers we employ.
Horseplayers suffer the same 'stigma' as professional stock traders. They too, support an industry, from the tellers to the grooms that muck out stalls.,
Come to think of it, don't they have to muck out the trading floor at the eod too?
If nothing else , look at all the brokers , data providers, and headshrinkers we employ.
Horseplayers suffer the same 'stigma' as professional stock traders. They too, support an industry, from the tellers to the grooms that muck out stalls.,
Come to think of it, don't they have to muck out the trading floor at the eod too?
I reread this, and still think this 'zero-sum-game society' hypothesis is invalid, or too simplified.
This guy just take the problem as distribution of the resource. Quantity, or amount of exchange, so on.
I don't know. This guy may wants to say something about capitalizm or communizm.
What about techonology for example? We have more power than past. It canbe productive, also destructive.
Well, maybe, if the guy carefully select the factor of the system, and biuild the model, in narrow sense, in the model of the small, view, it might be zero-sum.
Hi Scientist, for Germans and in Germany it is a criminal offence ("strafrechtlich verfolgbar") and even trading the books is not allowed. If you read "Mein Kampf" I just wonder how you got hold of a copy. Even at libraries (Uni- und Staatsbibliothek) you can get it only with special permission for scientific research.
But then you are The Scientist!
Best wishes from Heidiland
Hittfeld
Ubi bene, Ibi patria!
For me, trading is a valuable profession for two reasons:
1) It provides income for my family and allows me to contribute to the greatest nation on earth through the taxes I pay (however I and many others could debate on the amount we should actually be contributing and how that money is being spent, but that's another thread).
2) It provides me the time to pursue the most noblest of pursuits; i.e. spending a lot more time raising my child to be the most productive and benevolent member of society possible. Even if you don't have children, you can still donate your time or money to children's causes. This is a cliche, but they truly are our most valuable assets. In the richest country in the world, it is deplorable that we are ranked lower than a number of nations in such categories as education and the provision of basic needs. Children first!
Uni
1) It provides income for my family and allows me to contribute to the greatest nation on earth through the taxes I pay (however I and many others could debate on the amount we should actually be contributing and how that money is being spent, but that's another thread).
2) It provides me the time to pursue the most noblest of pursuits; i.e. spending a lot more time raising my child to be the most productive and benevolent member of society possible. Even if you don't have children, you can still donate your time or money to children's causes. This is a cliche, but they truly are our most valuable assets. In the richest country in the world, it is deplorable that we are ranked lower than a number of nations in such categories as education and the provision of basic needs. Children first!
Uni