3 ms·
I helped someone day trade 25 years ago and we made 40% in 4 months, mostly on AAPL, and it was easy. Way easier than working the 2 years moving furniture that
by zackmorris 27d ago
I helped someone day trade 25 years ago and we made 40% in 4 months, mostly on AAPL, and it was easy. Way easier than working the 2 years moving furniture that it would have taken to earn that money, which I was foolishly doing to make rent for my defunct shareware business.
I've heard that high frequency trading eats market opportunities within milliseconds of spotting them now though, basically making the market even more random. The catch being that human nature isn't random, it's stochastic, so there will always be more money to be made on trades (or else trading firms wouldn't exist).
I'm thinking about getting back into trading because AI represents the end of buying software and we'll all be out of work soon, even if we're in denial about it. But everything I invest my time and energy into turns to crap. In a very real sense, as soon as I start trading, then karmically that could trigger recession, market reforms which ban what I'm trying, or even the end of money. I'm kind of joking and kind of not.
I've worked on a lot of really hard stuff over my brief but stupid career, and am basically used up mentally and physically, at least for now. Quant stuff is easy with AI. Should I try it?
- deadbabe 27d agoNo. If you could do it, with no remarkable skillset, that means people who are actually competent will be doing it orders of magnitude way better than you and you will be too far behind to really do anything significant except waste your time.