3 ms·
No hate. But just remember that when you think that something is a good BUY, the other side (the seller) think that it is a good SELL. Hence, before trading in
by streetcat1 5y ago
No hate. But just remember that when you think that something is a good BUY, the other side (the seller) think that it is a good SELL. Hence, before trading in the stock market (or in any other market which is a zero sum game, e.g. used cars, NFT), you must be sure that you have more information than the seller.
- sneilan1 5y agoOf course. Part of the fun is also considering why a trade will go the wrong way too. There are infinite scenarios and part of trading is sketching why scenario X's probabililty is more likely than scenario Y's probability. And this can all be a wash when the completely unexpected happens too.
- ganeshkrishnan 5y ago>Hence, before trading in the stock market (or in any other market which is a zero sum game, e.g. used cars, NFT) None of these are zero sum games. Especially stock market. Stock market is not a zero sum game at all. https://money.stackexchange.com/questions/72945/is-the-stock-market-a-zero-sum-game https://money.stackexchange.com/questions/72945/is-the-stock...
- streetcat1 5y agoIt is if you are trading. Ofcourse, if you are not trading, or buy a company stock and hope to get dividends than there is no transaction and hence it is not zero sum. But if you are trading it is zero sum.