So, today I have been collecting my thoughts about trading. The actors, the players. Institutionals, hedge funds, brokers, retails, investors, banks. The quants, the programmers, the technicians, the professionals. The journalists. The sell side and the buy side. The authors and the readers. The researchers and the alumni. The obvious that can't be said. So many components. So many facets. One conclusion. To be engaged professionally or in any way be involved with financial speculation one needs to be an idiot and a cynic. It is necessary to either not understand it or not care. ras72 dixit
I will bite , and assume my position in your secret schema (handshakes and winks), .......regarding your post...What do you mean?
Pointing out the more or less apparent paradox of an activity that employs hundreds of thousands, and yet includes elements of farse and dubious utility and how one relates to that. Ignorance is bliss. No explanations. I am good. ras72 (My first haiku poem! LOL)
So what is the risk free profession that'll make me smart and optimistic ? Welder, mechanic? Farmer? ( oh wait they are huge speculators) Oh I know, Ill be a teacher , firefighter, postman or cop. ( All backed up by payment from the full faith and credit of the largest debtor nation on earth. ) bahumbug! Healthy skepticism is good, cynicism will depress you .