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because 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
by gjvc 6y ago
because 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.