Thought of the Day…

“Trading, like poker, can be described as a zero-sum game. If you are winning then someone else must be losing. This battlefield aspect to the markets is something that the novice trader disregards at his/her own peril, since humans sit behind those trading screens and you can bet that they will do everything in their power to take your money, even if that means bending the rules in their favor.”

– Agustin Silvani

2 thoughts on “Thought of the Day…

  1. thats bullshit..investing is NOT a zero-sum game…new wealth is contanstanly being created both my entrapranears and governments, so the pie is always getting bigger.

    the “zero-sum game” meme is a fallacy that i wish people would apply some logic to…what about the all the boomers who are inherating their parents wealth at they pass-along…thats ALOT of wealth being put into the hand of aggressive younger people…many of those may turn to the markets and trade to try to turn that pile into a bigger pile…thats more cash for all the other players to play with too…

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