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No you gambled and got lucky. Good for you that’s great, but please recognize it for what it is. You played the market and won, just like people play the lotto,

No you gambled and got lucky. Good for you that’s great, but please recognize it for what it is. You played the market and won, just like people play the lotto, and some of them win too.

shouldiquitamzn 6y ago
False. You have no idea about the trades I made. People are brainwashed, you can make money in the market. I made over 100 trades
- PartiallyTyped 6y ago
  People have been force-fed over and over that if they overpay their broker to have a 7% return yoy they will get to retire at 60 instead of 65. We have been repeatedly told by the same capitalists that make millions in a day that we are 'asking for too much' and that we are 'greedy'. Honestly. Even if I lose everything (I am up >200%) in January alone, I will be glad to see those greedy jackasses bleed.
- popeathlete 6y ago
  I wanted to write something of substance, but... Lol. Just, lol.
thrwyoilarticle 6y ago
Do you attribute YCombinator's success to lucky gambling?
- Zarel 6y ago
  In options trading, every dollar you earn is a dollar someone else lost while trading options, and had to give to you. It's zero-sum. If you include fees, people lose slightly more money than they gain in options trading, on average. This is pretty different from YCombinator's startup investment. No one has to lose for YC to win. The money ultimately comes from customers of YC-funded startups, who are in theory engaging in positive-sum trade (getting more in value than the money they paid for it). On average, people are earning lots of money investing in startups. To be clear, options trading does have value in terms of letting people buy insurance and providing a price signal in terms of how many people believe prices will go up or down, but this is comparatively marginal and doesn't affect the options traders themselves.
koheripbal 6y ago
Rolling a fair die once is gambling. Rolling an unfair die 1000 times, is a statistical investment.

No you gambled and got lucky. Good for you that’s great, but please recognize it for what it is. You played the market and won, just like people play the lotto, and some of them win too.

shouldiquitamzn 6y ago

False. You have no idea about the trades I made. People are brainwashed, you can make money in the market. I made over 100 trades

PartiallyTyped 6y ago
People have been force-fed over and over that if they overpay their broker to have a 7% return yoy they will get to retire at 60 instead of 65. We have been repeatedly told by the same capitalists that make millions in a day that we are 'asking for too much' and that we are 'greedy'. Honestly. Even if I lose everything (I am up >200%) in January alone, I will be glad to see those greedy jackasses bleed.
popeathlete 6y ago
I wanted to write something of substance, but... Lol. Just, lol.

thrwyoilarticle 6y ago

Do you attribute YCombinator's success to lucky gambling?

Zarel 6y ago
In options trading, every dollar you earn is a dollar someone else lost while trading options, and had to give to you. It's zero-sum. If you include fees, people lose slightly more money than they gain in options trading, on average. This is pretty different from YCombinator's startup investment. No one has to lose for YC to win. The money ultimately comes from customers of YC-funded startups, who are in theory engaging in positive-sum trade (getting more in value than the money they paid for it). On average, people are earning lots of money investing in startups. To be clear, options trading does have value in terms of letting people buy insurance and providing a price signal in terms of how many people believe prices will go up or down, but this is comparatively marginal and doesn't affect the options traders themselves.

koheripbal 6y ago

Rolling a fair die once is gambling. Rolling an unfair die 1000 times, is a statistical investment.