Recent content by Pacmanpth

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    Who wins if everybody losses ?

    As far as I know, the spread adjusts simply on natural market behavior. The people willing to bet that the future is going to go up more when it is above the actual index value will be less than if it were less than the index value. Other than that prices rise and fall like normal financial...
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    Basic Probability

    More likely than not, what's really more random is which side of the coin people face up as they are about to flip the coin. I know I for one don't pay attention to which side is initially facing upwards. By the basic laws of economics, people are going to enter in to something until it no...
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