Registered: Oct 2007
04-08-12 07:31 PM
Quote from dom993:
and that's why it is a negative-sum game.
Make an estimate of how much these "costs" amount in a day on your favorite market ... that's how much market participants collectively lose on a daily basis to exchanges & brokers, and that amount must be put in the market *every day* by the markets participants as a whole.
If u picked the right instrument to trade in the right direction , there is capital appreciation in the long run , as well as short term volatility.Long Gold is a prime EXCEPTION to the zero sum game because in the long term it will be higher at $5,000 per oz.
It is more than a zero sum game with gold ,Governments are printing money and honouring I O U 's with new bigger I O U to pay for the old I O U.