upvote
exactly. If you're engaging in a market, realize that approximately 90% of active participants will lose money in an efficient market.
reply
A strange game. The most likely winning move is... not to play.
reply
It’s weird - my peers always say I’m stupid for not investing my idle money in the various (stock) markets and the gains they show seem to confirm that - but ITT the sentiment seems to be quite different.

To be honest i cant be bothered is the real reason I don’t play but maybe it’s the winning move?

reply
Ponzi schemes can go up exponentially, until they're suddenly at zero.
reply
Greetings professor Falken
reply
I think the comment was to not play actively.

It's like arguing with God: he's got better info that you.

reply
is 10% winner random or skill ?
reply
Some random, some skill. The more people are following formulaic advice, the more opportunity there is to take their money with skill.
reply
I love technical investors. They're so easy to make money off of. Even the names. It's tarot for men:

Big Black Candle, Big White Candle, Black Body, White Body, Doji, Long-Legged Doji, Dragonfly Doji, Gravestone Doji, Hammer, Hanging Man, Inverted Hammer, Shooting Star, Long Upper Shadow, Long Lower Shadow, Marubozu, Spinning Top, Shaven Head, Shaven Bottom, Bearish Harami, Bullish Harami, Bearish Harami Cross, Bullish Harami Cross, Engulfing Bearish Line, Engulfing Bullish, Bearish 3-Method Formation, Bullish 3-Method Formation, Evening Star, Evening Doji Starv Morning Star, Morning Doji Star, Falling Window, Rising Window, Three black crows, Three White Soldiers, On Neckline, Doji Star, Tweezer Tops, Tweezer Bottoms, Dark Cloud Cover, Piercing Line, Darth Maul, Judas Candle, Island reversal

It's great that people think these are real.

reply
How is money easily made off of adherents to these TA methods?
reply
High frequency trading shops like Jane Street.

Their brokerage dark pools their trades and front runs them.

Frequently they get pump-and-dumped based on some bullshit they read on Reddit.

These people lose money relative to index funds, so even putting money in index funds will let you take advantage of them.

reply
By becoming their counterparty
reply
Man those quotes are so clearly AI slop as well. Surface sounds interesting but there is no critical thought behind it.
reply
Seeing that it was written 2+ years ago I don’t think AI was involved a lot. Maybe my memory is wrong but back then it wasn’t all that capable
reply