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Don't think in terms of there being one tiger that stops as soon as it gets something to eat. The market's more like a sea full of countless sharks, where all t
by bunderbunder 10y ago
Don't think in terms of there being one tiger that stops as soon as it gets something to eat. The market's more like a sea full of countless sharks, where all the sharks have to survive by eating other sharks.
You're not wrong to think that, if there's any way to consistently make money by trading, it's by exploiting inefficiencies in the market. But remember that those inefficiencies come from people. Are you confident enough in your skills, your education and your resources to be sure that you'll be one of the ones finding and exploiting inefficiencies, rather than one of the ones who's creating inefficiencies for others to find and exploit?
- polyomino 10y agoWhy is it efficient for gains in the market to be won by only a few actors?
- poikniok 10y agoWhy do you think you deserve any of the gains?
- bunderbunder 10y agoYou're using the word "efficient" in a different sense from what it means in the phrase "efficient market".