thanks....you all continue to prove to me that any one who believes it is a zero sum game is an idiot ......and i can continue to be pissed when ever i read your ignorant comments lets forget about fees and commisions at the moment cause it just gives you morons something else to confuse yourselves with. zero-sum implies for every dollar profited one dollar has been lost to make for a break even point...... tell me with google at $350 who has lost enough money to cover the profit that has been made from its gains.... even a stock that ipo's at $10 and goes up to 100 and back down to 50........more profit has been made than lost........
You can throw the ball up in the air...but you can't keep floating it forever... There are short sellers too... its the stuff in the middle that reduces your illussion and is what you are not counting... The stock market may be positive sum as long as new funds are coming into the market
MM, if you have an opinion, why ask the question? you guys may want to look at opportunity cost. If you buy a house for $100K, sell it at $150K, net $50K; then in the next 5 years it goes to $300K, did you not lose $150K in opportunity cost?
Your Broker/specialist/marketmaker is like a real estate agent...pulling a percent to provide you with a market, thus reducing the net aggregate.. You lose...it a losers game...an edge may get you the time you need.. Think of the dealer in Vegas pulling the 10% in each pot...(he gets tips too)
the market is a zero sum game? lol. spare me. our economy generates wealth. as does the stock market (which reflects, in the long run, our economy).
No, the MM is part of the market too. He is buying and selling just like you (only on a shorter time frame). He takes losses sometimes to my friend. If you add up all the profits and subtract all the losses of all market participants it is not negative sum (other than commissions. I'll give you that).