Re – 2 traders required to complete team of 4

The Leopard

Experienced member
1,877 1,020
this is from the guy who posted yesterday, why do I always lose when i enter a trade by mistake. :LOL::LOL::LOL::LOL:

that post was very revealing Toast. you don't understand why you lose when you enter a trade by mistake. warning may require thought. sometimes the answer is sitting in front of you all along.

It certainly was revealing, always assuming it's true. I was amazed to learn that he enters trades at all, either by mistake or on purpose. :LOL:

GVTY Toastie :LOL:
 
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scose-no-doubt

Veteren member
4,630 954
really son. I own and run an FSA regulated business. you are nothing.

No you don't and besides gaining FSA approval is completely unrelated to what I was talking about, mate. BTW I could be FSA registered myself for certain activities if I wanted... is mine bigger?

Perfectly capable but not willing to have a discussion with someone who has nothing to offer me there is no upside.

Lulz

unlike you I don't fulfill my social needs on the internet.

Of course not. Why would you ever participate in a discussion board?

most are dumb flow or in your case no flow at all.

Buzz-word of the week is it?

Pete mentioned slippage on retail on FX I provided the explanation. end of.

You provided something, not Teh Explanation

nothing wrong with trading multiple instruments, you go where you have an edge.

Of course you do. You're hot ****.

well I am a former academic. I have a masters in theoretical physics so I hardly hate academics. I have no need for a PHD.

No you don't


G Trollin T Y

(y)

I find it hilarious that you have so little confidence/substance in your ideas that you just continually have to jump into personal attacks. Why not stick to arguing your point if you're able?
 

barjon

Legendary member
10,705 1,809
I suppose there's a reasonably interesting debate to be had about the zero sum thing. Personally, I don't think it's quite as straightforward as the opposing camps like to say, and I think it also depends upon how you define it and from what point of view you approach the market. I think there might also be a valid distinction to be drawn between theoretical and practical, and I can see the reasoning on both sides.

Then of course there's the question of if it is (or is not) zero sum, what implication does it have, and does it matter?

It's probably best done in a thread of its own though.

All depends on money flow - it's not a zero sum game until the music finally stops.
 

DionysusToast

Legendary member
5,963 1,501
Exchanges cost a lot of money to run
So does marketing
And accounts departments
And sales bonuses

You could go on to build a huge list of the costs of putting 2 people together in order to execute a trade.

This trade facilitation costs on a per transaction basis are fairly insignificant. Across the industry, it's billions of dollars.

Hence - it's always a minus sum game because of these costs...
 
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DionysusToast

Legendary member
5,963 1,501
this is from the guy who posted yesterday, why do I always lose when i enter a trade by mistake. :LOL::LOL::LOL::LOL:

that post was very revealing Toast. you don't understand why you lose when you enter a trade by mistake. warning may require thought. sometimes the answer is sitting in front of you all along.

I thought you were no longer going to post about trading?

What is it - pairs trading, spot forex, scalping BAC.

Seriously - the only thing that has been revealed of late is your inability to keep your story straight.

BTW - trading will never be a zero sum game, unless of course a number of huge companies turn into charities.
 

ChocolateDigestive

Experienced member
1,153 281
I suppose there's a reasonably interesting debate to be had about the zero sum thing. Personally, I don't think it's quite as straightforward as the opposing camps like to say, and I think it also depends upon how you define it and from what point of view you approach the market. I think there might also be a valid distinction to be drawn between theoretical and practical, and I can see the reasoning on both sides.

Then of course there's the question of if it is (or is not) zero sum, what implication does it have, and does it matter?

It's probably best done in a thread of its own though.

you are a wise man Leopardo. Of course the bigger picture is that many lessons can be learned from thinking about trading as zero sum, if you know how other players profit or will act in certain situations you can use that information to your advantage.

so it is the implications of the zero sum game that are important not the actually pounds pence of it. this is why I used the analogy of a tennis player arguing over the way his shoes are tied when he is serving for a slam, some people just cant see the wood for the trees. some people prefer to spend time arguing over how to tie the laces when you could be debating how to serve a kin ace down the centre line.

some people will never get it, that's fine, fine trading is not a zero sum game because the exchange charges you a fee - it's moronic thinking of the highest order imo.
 

The Leopard

Experienced member
1,877 1,020
All depends on money flow - it's not a zero sum game until the music finally stops.

Let's do this properly and see what we get. As far as I'm aware it's been a while since there was a decent debate on this subject (one that is potentially useful and thought-provoking). Thread here (Jon, if it's in the wrong section can you shunt it into the right one please? I can't seem to find an ideal fit, so I've put it in The Foyer):

http://www.trade2win.com/boards/foyer/156750-zero-sum-not-does-matter.html#post1953966
 

ChocolateDigestive

Experienced member
1,153 281
Let's do this properly and see what we get. As far as I'm aware it's been a while since there was a decent debate on this subject (one that is potentially useful and thought-provoking). Thread here (Jon, if it's in the wrong section can you shunt it into the right one please? I can't seem to find an ideal fit, so I've put it in The Foyer):

http://www.trade2win.com/boards/foyer/156750-zero-sum-not-does-matter.html#post1953966

is it a good idea though Leopard? as it looks like me and you are the only real traders fighting against a vendor and a trolling 14 year old student. sounds like a hiding to nothing. :LOL:
 

The Leopard

Experienced member
1,877 1,020
is it a good idea though Leopard? as it looks like me and you are the only real traders fighting against a vendor and a trolling 14 year old student. sounds like a hiding to nothing. :LOL:

Well, I think it might be interesting. To me the main question is not whether it is or not, but whether it matters and what lessons can be drawn.

But I genuinely do think that there are good arguments to be made on various sides (I don't actually think there are just two) so it could be a reasonable debate.
 

ChocolateDigestive

Experienced member
1,153 281
Well, I think it might be interesting. To me the main question is not whether it is or not, but whether it matters and what lessons can be drawn.

But I genuinely do think that there are good arguments to be made on various sides (I don't actually think there are just two) so it could be a reasonable debate.

ok lets see what lulz the dumb flow and student can provide us with.
 

wackypete2

Legendary member
10,229 2,055
I offered an explanation as to why retail traders get slipped, something which most people here would have never ever have known. regulatory matters are a subject in themselves and I certainly know very little about them.

I agree with your your explanation and it's what I was getting at. The tight spreads on bucketshops are usually only available a a very minimum volume. If you trade more than that you get slipped to the next price down. The tighter the spreads that are offered the worse this becomes.

Peter
 

wackypete2

Legendary member
10,229 2,055
Why all the fascination with a zero sum game??
Who really gives a rat's azz if it is or it isn't??
Let's see a show of hands (keyboards?) who's trading methods would be thrown upside down either way??

Peter
 

The Leopard

Experienced member
1,877 1,020
Why all the fascination with a zero sum game??
Who really gives a rat's azz if it is or it isn't??
Let's see a show of hands (keyboards?) who's trading methods would be thrown upside down either way??

Peter

Well, that's part of the point of the thread, something I hope might start to come out when all the d1ck swinging is finished with.

The thing is, I think it's possible to make the case (it does or does not matter) for both.
 
 
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