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Topic: Trading is a zero sum game. (Read 753 times)

Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
March 15, 2019, 11:04:20 AM
#57
Cryptocurrency trading is just like trading stock, forex or precious metal . You should probably go tell the traders of stock, forex , precious metal thesame thing. There is nothing new  about  trading speculative trading.
hero member
Activity: 1148
Merit: 528
March 14, 2019, 02:05:39 PM
#56
If wise people prefer to trade for making money then we should blame capitalism and governments. Instagram and other social media platforms are full of pictures, stories of "successful" traders but almost all of them are trying to sell their secret strategy more making more money with sales. After reaching their goal they set another goal and it goes forever.
If you one does not  intend stealing or carrying cocaine, the best way a man can successfully and genuinely free financially is to have so many multiple source of income because it is not enough to rely on one source of income to make you a fortune and I believe majority of these wise men we talked about have other sources of income too in which trading is one of them.

Hence, there is nothing to blame government for on this or capitalism, it’s not all wise men or rich men that trades, it is just the ones that feels that they need to make more money that does.
hero member
Activity: 1358
Merit: 509
March 13, 2019, 06:43:50 AM
#55
We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

Money talks. They are blessed and worked hard for their knowledge, and are working on what is they think good for themselves. You cannot blame them, they need to feed their dreams and family. Maybe in this lone life of theirs, after getting such wealth, they could help the society or economy for a better purpose.
If wise people prefer to trade for making money then we should blame capitalism and governments. Instagram and other social media platforms are full of pictures, stories of "successful" traders but almost all of them are trying to sell their secret strategy more making more money with sales. After reaching their goal they set another goal and it goes forever.
full member
Activity: 602
Merit: 103
March 13, 2019, 06:36:17 AM
#54
We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

Money talks. They are blessed and worked hard for their knowledge, and are working on what is they think good for themselves. You cannot blame them, they need to feed their dreams and family. Maybe in this lone life of theirs, after getting such wealth, they could help the society or economy for a better purpose.
full member
Activity: 770
Merit: 126
March 12, 2019, 06:14:07 PM
#53
We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.
Well, it all depends on what you referred to as lost because some may Bitcoin or other coins at let say $50 and when its value appreciate to like $60 and later drop down to $55 before they sell to them is like they sell at lost which is not so.
If the market value of the Bitcoin appreciate and maybe it appreciate because there are new investors and those that bought when its value was very little sell and make profit and at the time those new investors are yet to sell theirs then one has made any lost yet. In this case, your submission that "trading trading is a zero sum game" will not stand dude.
hero member
Activity: 2548
Merit: 605
March 12, 2019, 03:32:59 PM
#52
trading is indeed a game, an analysis game and a game of trust, if you are caught in an error in analyzing the game will end.
Call it anything but it is really a game of marketing skills and how good you manage the different factors in the market that can make you loose nerves and can make you take foolish or wisest of decisions. Before really getting into any game, you need to know about the rules of that game.

Because, these coins have huge real life applications, they could be at times down and at times very up. But here, gain or losses are not necessarily the same.
hero member
Activity: 966
Merit: 500
March 08, 2019, 04:51:37 AM
#51
We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.
This is a normal phenomenon, and only a high return can attract investors to join in. Nowadays, cryptocurrencies are very volatile every day, which is very suitable for short-term trading.
full member
Activity: 574
Merit: 102
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March 08, 2019, 04:08:46 AM
#50
If we compare with gambling, trading activity has more probability to change the financial. More people was changed the life from crypto trading but less people can make it from gambling. If we have skill about risk management and trading plan, trading will be one of the good business that possible to change our financial much better.
legendary
Activity: 3514
Merit: 1280
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January 19, 2019, 04:13:29 PM
#49
I definetely wouldn't compare trading and gambling. Yes, some luck is needed for both but that is just a smaller part of it. And successful traders that you refer to know that the best. But just because they are good in finances and that field is their expertise that doesn't mean they would also be good in other areas and could help to solve the world issues. This is utopia I would say. And we also shouldn't blame them because they want to get the most for themselves out of Bitcoin and cryptocurrencies. It's the opportunity for the bravest and the most capable.

Well, there are different views on this matter

For example, if we assume that cryptocurrency trading is in fact a zero-sum game (which is true for most altcoins aka shitcoins), it will be gambling for the total majority of traders as you can't defeat the house. The house in this case will be institutions (e.g. exchanges) as well as particular individuals (e.g. developers) who are either earning or not trading, as simple as it gets. But this necessarily means that the odds are not in favor of simple traders and they are set to lose at the end of the day as you can't beat the house. It is kinda accounting identity which you can't overcome unless you can milk the market somehow
legendary
Activity: 2912
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January 19, 2019, 02:52:44 PM
#48
I definetely wouldn't compare trading and gambling. Yes, some luck is needed for both but that is just a smaller part of it. And successful traders that you refer to know that the best. But just because they are good in finances and that field is their expertise that doesn't mean they would also be good in other areas and could help to solve the world issues. This is utopia I would say. And we also shouldn't blame them because they want to get the most for themselves out of Bitcoin and cryptocurrencies. It's the opportunity for the bravest and the most capable.
full member
Activity: 602
Merit: 111
January 19, 2019, 02:29:00 PM
#47
trading is indeed a game, an analysis game and a game of trust, if you are caught in an error in analyzing the game will end.


Yes we definitely not considered trading as the game because trading is like a profession we can earn monthly income from it so a lots of people get income from cryptocurrency trading so we cannot surely say trading is a game.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
January 19, 2019, 01:23:25 PM
#46
We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

That largely depends on what asset is being traded. If this asset is entirely speculative, i.e. it doesn't have any use value in real life (read, it is a shitcoin), then it is definitely a zero-sum game. However, if the asset traded has a certain application in real life which requires this asset to be actually employed for something other than trading (for example, Bitcoin as a value transfer device), then it can't be a zero-sum game as some people would be buying it for purposes which have nothing to do with the "buy low, sell high" mantra (the speculation epitome)

Hope this helps with better understanding of trading as a zero-sum game
full member
Activity: 700
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January 19, 2019, 08:49:11 AM
#45
trading is indeed a game, an analysis game and a game of trust, if you are caught in an error in analyzing the game will end.
full member
Activity: 784
Merit: 123
January 19, 2019, 07:39:36 AM
#44
Trading is a game and some one must lose for you to game.  Investments into cryptocurrencies market is not a child game but a mature man mind.  Those that has strong mind and spirit really make money from the market and the weak hands lose money.  It has been like this and that is how it will remain.

Rather than think trading as a game, you should consider trading as a profession. As in any profession, you need to understand it first and get basic and advance knowledge of it. Same is required for trading. If you want to earn in gambling, you should first learn it and they come in this field.

Trading has a lot of potential of earning, but only for those who have knowledge and experience.
You have a good idea! We should not think trading as a game. We should see the trading as a serious job because our money are on the line. We can lose it easily in just one mistake so we should not see the trading as a game.
No, it is similar to a game, sometimes we win and sometimes we loss but there is no luck inside cause all the possible results will rely on us. We all experiencing losses at first but it inspires us to take another chance and win the game.
If you consider this as a serious job, you absolutely get bored in the future especially when crisis will strike again.
full member
Activity: 540
Merit: 100
January 19, 2019, 03:24:14 AM
#43
Trading is a game and some one must lose for you to game.  Investments into cryptocurrencies market is not a child game but a mature man mind.  Those that has strong mind and spirit really make money from the market and the weak hands lose money.  It has been like this and that is how it will remain.

Rather than think trading as a game, you should consider trading as a profession. As in any profession, you need to understand it first and get basic and advance knowledge of it. Same is required for trading. If you want to earn in gambling, you should first learn it and they come in this field.

Trading has a lot of potential of earning, but only for those who have knowledge and experience.
You have a good idea! We should not think trading as a game. We should see the trading as a serious job because our money are on the line. We can lose it easily in just one mistake so we should not see the trading as a game.
sr. member
Activity: 2030
Merit: 356
January 19, 2019, 02:36:39 AM
#42
Trading is a game and some one must lose for you to game.  Investments into cryptocurrencies market is not a child game but a mature man mind.  Those that has strong mind and spirit really make money from the market and the weak hands lose money.  It has been like this and that is how it will remain.

Rather than think trading as a game, you should consider trading as a profession. As in any profession, you need to understand it first and get basic and advance knowledge of it. Same is required for trading. If you want to earn in gambling, you should first learn it and they come in this field.

Trading has a lot of potential of earning, but only for those who have knowledge and experience.
sr. member
Activity: 882
Merit: 269
January 19, 2019, 02:10:53 AM
#41
Trading is a game and some one must lose for you to game.  Investments into cryptocurrencies market is not a child game but a mature man mind.  Those that has strong mind and spirit really make money from the market and the weak hands lose money.  It has been like this and that is how it will remain.
member
Activity: 462
Merit: 11
January 18, 2019, 08:16:38 PM
#40
I think spot trading is not gambling because we can minimize the risk by use management of risk and money. All kind of business has each risk, there are always in high or lower risk and trading is include high risk and high return. If we can minimize the risk that mean trading activity will be good option to make money.
member
Activity: 425
Merit: 10
December 22, 2018, 06:01:54 PM
#39
Try your skills right now. The prices going up with few declines. The prices are fluctuating nicely with upward trend. This situation is really good for trading.
hero member
Activity: 1078
Merit: 501
December 22, 2018, 03:53:23 PM
#38
We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.
Not everyone loses. I think what you’re trying to say is that for you to make profit you will have to take the risk. When taking the risk you’re not sure yet whether you’re going to win or lose, you’re just taking the risk because you know that there is a reward if you should pass.

There are people who are so good in trading that they hardly experience loss while trading, and there are those who are still novice and lose money every time.
Yes it needs experience and it needs skills to become a good trader there are allot of people are now good trades and some are now still learning. All are not bad and not good. It needs time, it needs practice and it needs money to trade so this way we can become good trader.
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