Linked by Howard Fosdick on Tue 8th Nov 2011 02:17 UTC
Editorial We've all had the idea, even if we've never pursued it. We just know we could make money in the stock market, based on our tech knowledge. We live and breathe tech. Why not profit from it?
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RE: This is not investing
by BeamishBoy on Tue 8th Nov 2011 15:22 UTC in reply to "This is not investing"
BeamishBoy
Member since:
2010-10-27

* The arbitrators: The banks. They make their cut in all industrial project and on your back. They control the market place. They have no lag. They know the price of the items they buy and sell before anyone else (before you). If there is money to do they do it before you. They have big server farms with complex algorithms and products like swaps and futures and they don't take any risk. They have enough money not to take any risk. They can manipulate the prices with their weigh. They always win.


Your entire post is garbage, but this paragraph is particularly funny. You've taken bits of words you've heard ("arbitrators" - possibly something to do with arbitrageurs, market makers, HFT, OTC and exchange-traded derivatives) and mashed them all together to produce a pile of nonsense.

And, yes, I say that as someone with five years experience in the industry working as an algorithm developer for a hedge fund.

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