lol yes. This is a staple content on forums. ZSG is a favourite and then the stock argument comes out. Of course you and Mav are correct but In reality it doesn't matter, the take away is trading is a competition (I know you know that). Another staple is arguing about what constitutes a scalp or swing trade. You can see people bat this back and forwards for days. Literally pages full of 'a scalp is not 20 ticks you idiot' & 'I have been trading 500 years and a scalp is <5 ticks'. It's not going to change anytime soon. lol.
Trading & the Zero Sum Game Debate
- Thread starter butterfacetrader
- Start date
lol yes. This is a staple content on forums. ZSG is a favourite and then the stock argument comes out. Of course you and Mav are correct but In reality it doesn't matter, the take away is trading is a competition (I know you know that). Another staple is arguing about what constitutes a scalp or swing trade. You can see people bat this back and forwards for days. Literally pages full of 'a scalp is not 20 ticks you idiot' & 'I have been trading 500 years and a scalp is <5 ticks'. It's not going to change anytime soon. lol.
Just for fun I thought I would google the magical dividend fairy edge. What came up was ( on the fool site no less)
http://www.fool.com/investing/divid...y-co-delivers-a-magic-dividend-increas-2.aspx
Who woulda thunk it?
Unless you want to roll your own definition of what zero-sum means, there is no debate.
Trading is not zero-sum for the traders.
Simply Google the definition of zero-sum if you are in doubt.
(Traders money constantly leaves the game in the form of slippage, traders fees, etc)
A poker game between two friends at home is zero-sum. If 100 is lost by one player the other player has won 100.
The same two-handed poker game in a casino is not zero-sum as money leaves the game in the form of house fees and dealer tips. Over time it is possible that both players lose!
Trading is not zero-sum for the traders.
Simply Google the definition of zero-sum if you are in doubt.
(Traders money constantly leaves the game in the form of slippage, traders fees, etc)
A poker game between two friends at home is zero-sum. If 100 is lost by one player the other player has won 100.
The same two-handed poker game in a casino is not zero-sum as money leaves the game in the form of house fees and dealer tips. Over time it is possible that both players lose!
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