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> as does the joy in solving a problem This is it for me. Futures trading is a zero sum game (negative sum if you factor in fees), so writing a program to auto
by v64 9y ago
> as does the joy in solving a problem
This is it for me. Futures trading is a zero sum game (negative sum if you factor in fees), so writing a program to automatically extract value from an ever changing market is a nontrivial and ongoing project. But unlike a game, getting good at it can pay the bills in a real way. I understand that in the big picture long term, I'm not making much of a mark on society, but nevertheless it satisfies my personal and financial needs.
- Chyzwar 9y agoMarkets are not zero-sum game it is a common misconception. http://www.businessinsider.com/the-stock-market-is-not-a-zero-sum-game-2013-4?IR=T http://www.businessinsider.com/the-stock-market-is-not-a-zer...
- someguy12 9y agoThat quote is misleading. He's talking about perceived price. The actual price of an equity is the price at which the execution occurs. And for every execution there are two sides, hence the zero sum game is the only game in town.
- v64 9y agoThat's why I specifically called out futures trading. From [1]: > In the financial markets, options and futures are examples of zero-sum games, excluding transaction costs. For every person who gains on a contract, there is a counter-party who loses. [1] https://www.investopedia.com/terms/z/zero-sumgame.asp https://www.investopedia.com/terms/z/zero-sumgame.asp