the market has always been a transfer of wealth
its a capitalist system
the golden rule " he who has all the gold makes all the rules"
nothing has changed over the years, its just people have found different ways of transfering money
if you want bread you go to a baker
if you want a house built you go to a builder
if you want your car serviced you go to a mechanic
but if you have no idea about financial markets you chuck heaps of cash on a spekky and then complain when it goes pear shaped
i once had a conversation with a guy about his wedding cake, he said they are the best cake makers and this is a special day so i got the best to make the cake, spent a grand
the same guy went with NO KNOWLEDGE about the markets and lost 50 grand.
I said you spent a grand on a cake cause you didnt know how to make it but you tried yourself to spend 50k on the market. He still doesnt get the point
You need serious time and effort in the market to get up to the same level as the people you are playing the game with
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- why do people make the market so hard
why do people make the market so hard, page-7
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