4 ms·
I have to wonder why and how this is on the front page of HN
by llampx 6y ago
I have to wonder why and how this is on the front page of HN
- gjvc 6y agobecause many people in the HN audience want to or do make money trading from home on their computers, and the content of the article matches this audience
- whimsicalism 6y ago> many people in the HN audience want to or do make money trading from home on their computers Really? I thought that HN commentators were typically smarter than thinking they could make money on the Forex market.
- serf 6y ago>Really? I thought that HN commentators were typically smarter ... That's a common sentiment.[0] I've made money on forex, but to be clear -- I made the trade knowing it was a gamble and made out. This isn't smart behavior.. but I'm surely not the only one here. It's a 'hobby' that appeals to people who like to automate and script things, even if the exchanges are actively malicious towards hobbyist-'quants'. [0] : https://en.wikipedia.org/wiki/In-group_favoritism https://en.wikipedia.org/wiki/In-group_favoritism
- whimsicalism 6y agoI don't think it is "in-group bias" to say that if I gave an SAT test to a random sample of HN commentators and then gave one to a random sample of Americans, the HN commentator group would very likely do better.
- fractionalhare 6y agoAn SAT? Maybe, sure. Forex trading? Doubt the modal HN user would do statistically better than the modal American.
- whimsicalism 6y agoThis is entirely consistent with my claim, if you read my comments.
- lostmsu 6y agoUntil I read comments there I did not even know what Forex market is (though now it is obvious in hindsight from the name). So at least the comments thread is useful.