%% Good points/trading is not a zero sum game at all in stocks + ETFs anyway. Traders, investors, market makers, specialists, mutual funds, funds, chart printers, WSJ, WSJ ads, IBD Newspapers, book publishers,etc............. brokers can all make money.
The highlight of the week is that some nobody @DiceAreCast called my life a fantasy, and that I am liar (and retarded too)! And that he is going to call me out! You can't make this stuff up. I am loving every minute of it. My reality is somebody else's fantasy life, and to me it's just my normal, regular life... https://www.elitetrader.com/et/threads/question-about-lawsuit-for-broker.358604/page-14#post-5384766
Obviously they do, especially for manual day traders: If you mean are things harder or are far fewer manual day traders doing well. _____ Zero sum game examples: A. Two friend playing poker at ones home is zero sum. If one wins a dollar the other loses a dollar. B. Two friends play poker with each other at a casino that charges each ten dollars an hour to play, taken from the first big pot, is not a zero sum game. Every dollar lost by one player does not equate with the other winning a dollar. ____ In example A, the wins and losses balance out. In examle B, the wins and losses do not balance out. In the longrun, if the players are close in ability or the fees for playing are too high for the stakes, both players figure to lose money. ____ You could call trading zero sum but it is not for the buyers and sellers as money leaves the game to fees, slippage, etc. Long-term investing is not and here economic factors weigh in as well. However, perhaps I am nit picking as you asked a great question!!!