Trading is a zero sum game.

[Indamuck]

We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

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[rodalutor]

We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

You're right about that, except the loss is often intangible losses. For example someone selling before the price goes up will think they lost out but really they didn't.

There are enough great minds to go around that high volume trading can be spared a few. Most people who are at the top of this field probably aren't that capable of transitioning in to solving the issues you're talking about. Being intelligent doesn't mean you're capable of doing just anything, you have to have something that drives you.

[1Referee]

Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

It applies to wealth distribution as well in that sense. Imagine if all millionaires/billionaires allocated 5-10% of their wealth to finance research to cure diseases that aren't possible to cure right now. Or what if we all would allocate 5-10% of our wealth to do the same thing? In the end, everyone here could do something to make the world a better place, at least locally, but we're not doing it.

If we're not doing it, who gives us the right to demand from others to do something about it?

[Reid]

Happens before and up until now.

You have money you are up there and being respected and  when not you are being stepped by those who have money.

They say it is the balance of the world. I say that is BS. It is just tiring though to help someone because of their laziness which most people have.

With trading though it is just the same. If you could create a large sum for capital then it could be an easy money but again those who have low volume will suffer.

[Sadlife]

Well that's just how society is, people tend to only care about themselves and doesn't mind what happens to their surroundings but for me it is the smart way to live minding your own business. But sometimes there are people who helps even though they dont have the intelligence or the money. I like those kind of idiots.

[davis196]

We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

I agree,but there is something you should know."those minds" have only one skill,and this skill is trading.They can't solve the real world problems,because they don't have the skills and knowledge to do so.They won't put their money into projects that solve the world problems,because the profit for them will be zero.

[exstasie]

We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

Fundamentally, you can't stop people from trading things. It's the rawest form of free markets. So while I understand where you're coming from, it's a moot point. When people see expected value, it's only rational for them to take it. I'm a trader because the market throws out opportunities to make money all the time. If I didn't take those opportunities, the money would still be on the table......and someone else would take it.

[Marshall14]

It's very difficult to get like minds to come together to solve world problems,and in our current dispensation,individuals tend to leave solving world problems in the hands of the government,and really it shouldn't be so

Comparing solving real world problems with trading isnt forming a quorum in my opinion,other than traders there are a million other intelligent people out there,we have got educational geniuses,skilled footballers,talented musicians etc, you cant clamor for them to come together to solve world problems

Everyone has the line and path he or she wishes to thread on, I wouldn't trade being a successful trader and making huge money for myself with striving to solve some world problems that people may probably never remember you(me) for.

[cindygirl]

The very fact of trading being a zero sum game means that at all times there must be winners and losers, if those winners left the market, the losers wouldn't stop losing, the winners would just be replaced.

You cannot be annoyed at people for taking an opportunity presented to them to generate profit from doing something. Each person has their own choice in life of who to be and what to do, if they choose to trade, good for them. If they choose to try and solve all of the worlds problems, good for them. Neither one is right or wrong as they're surely only motivated by what makes them happy.

[Ranly123]

We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

If we have those intelligent people take over to solve the problems in the world, do you think one would agree to the others opinion if they have their own? Intelligent people are full of pride so I don't think letting them work together will prospher instead it will lead to chaos on leadership.

[nicster551]

We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

Living in this world is kind of making yourself and only yourself survive against other people to that every person in this world is trying to make out the best of it even when they know that they are stepping on someone else.

[Kotone]

We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

You're right about that, except the loss is often intangible losses. For example someone selling before the price goes up will think they lost out but really they didn't.

There are enough great minds to go around that high volume trading can be spared a few. Most people who are at the top of this field probably aren't that capable of transitioning in to solving the issues you're talking about. Being intelligent doesn't mean you're capable of doing just anything, you have to have something that drives you.

That's right. And also if you close your position, there's also this fee for the 3rd party or mining fee whatever you want to call it in different names nowadays for decentralized ones, technically it's not zero sum. Without those, yes agree that it's you the predator or the prey in that field.

[cryptobull3]

Yes , money doesn't make in exchanges and they are just a platform where people can trade with each other , Money doesn't create in it and it doesn't vanish , it just goes from someone's pocket to another one , it is a zero sum game yes but different than gambling .

[Timmzzy]

We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

I agree with you, there is nothing in life one won't have a loss at but having those losses should not make you back out, besides trading in this bear market doesn't require small Capitals which isn't your spare cash. Trading in the bear market really requires lots of capital to be presides.

[Timmzzy]

We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

If we have those intelligent people take over to solve the problems in the world, do you think one would agree to the others opinion if they have their own? Intelligent people are full of pride so I don't think letting them work together will prospher instead it will lead to chaos on leadership.

Definitely not all intelligent people are full of pride let's say few and around 70% in the Crypto atmosphere have lots of pride in them and when they control a huge sum of funds in their wallet.

[rodalutor]

We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

You're right about that, except the loss is often intangible losses. For example someone selling before the price goes up will think they lost out but really they didn't.

There are enough great minds to go around that high volume trading can be spared a few. Most people who are at the top of this field probably aren't that capable of transitioning in to solving the issues you're talking about. Being intelligent doesn't mean you're capable of doing just anything, you have to have something that drives you.

That's right. And also if you close your position, there's also this fee for the 3rd party or mining fee whatever you want to call it in different names nowadays for decentralized ones, technically it's not zero sum. Without those, yes agree that it's you the predator or the prey in that field.

Well, it's still zero sum, those fees are just included in the sum to zero. A zero sum game doesn't have to only consist of 2 players or parties. It can be multiple and in this case it would be, for trading it would be the exchange (fees), the buyer and the seller.

[Questat]

That's the sad reality in trading, unfortunately those people who think about money and forget about the risk will most likely to lose.
Even though there are information in the space but we should also be careful because it's like in the real world, there are info that are false and it's only created to mislead people on their decision making, that'st the reality, anyone can lose hard if we are lazy in learning on our own.

[bitgolden]

We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

That's not exactly true. The price could go up without anyone selling anything which means if I have 1 bitcoin and it is at 3 thousand dollars and I don't sell it and it goes to 4 thousand dollars that means I made 1 thousand dollar profit, also if I sell it at 4 thousand dollars and someone else buys it and it goes to 5 thousand dollars it means that person made 1 thousand dollars too.

Yes I am missing out on an extra 1 thousand dollar profit in that case but still I have not made any lost. That way the trading becomes not something like a zero sum game but it is just who will make the most money. The only way people lose money trading is when they sell lower than they bought, otherwise during the peak times of bitcoin there was a lot of people profiting while selling and everyone was at a gain while no one was losing.

[btc_angela]

We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

I don't think if we have those minds and collaborate with each other to solved problems, we still have more problems being born every minute. Regarding trading and making the most money, its human nature and the fittest survived. Other win but majority losses because crypto trading is a free market.

[rodalutor]

We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

That's not exactly true. The price could go up without anyone selling anything which means if I have 1 bitcoin and it is at 3 thousand dollars and I don't sell it and it goes to 4 thousand dollars that means I made 1 thousand dollar profit, also if I sell it at 4 thousand dollars and someone else buys it and it goes to 5 thousand dollars it means that person made 1 thousand dollars too.

Yes I am missing out on an extra 1 thousand dollar profit in that case but still I have not made any lost. That way the trading becomes not something like a zero sum game but it is just who will make the most money. The only way people lose money trading is when they sell lower than they bought, otherwise during the peak times of bitcoin there was a lot of people profiting while selling and everyone was at a gain while no one was losing.

While I agree with what you're saying it's easy to see why you can argue the other-side. From a pure economics point of view, considering profit maximization if you sell at a profit of $1000 but could've had $2000 you've lost out on $1000. It's not practical to think that way from the point of view of someone trading but it is the simple truth if modelling the market.