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system
is stock trading based more on luck than poker playing?
user
i assert not so. even if we assume a zero sum game (which is highly in doubt); the general stock market curves indicate the average player is so bad that you don't have to be very good to have better that 50/50 averages. one example: up stock nosedived right after some political mess in russia two years ago. buy! profit: half my money in a month. i knew that nosedive was senseless as up doesn't have to care much about what goes on in russia. rising oil price was a reasonable prediction; however this is good for railroads, and most short-term market trends behave as if it is bad.
assistant