I think what clark means is that trading is a zero sum game.
In a futures market, the end result is 0, what someone loses its what someone else gains.
Equity markets are not a zero sum game as more money is added to the system via dividends etc.
However the paradox is that everything in the end, when taking into account inflation is a zero sum game.
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Last
8,570.4 |
Change
-9.700(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
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| XJO (ASX) Chart |