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    • mangrai [comrade/them]
      ·
      4 years ago

      people on wall street are also gambling, they're just using other people's money and get paid either way

        • mangrai [comrade/them]
          ·
          edit-2
          4 years ago

          they get paid either way because they get commissions even if their rich clients lose money, not because they've figured out how to beat the market

          these complicated financial techniques exist for the purpose of making money from very specific movements in the financial markets. they do not help you predict those movements