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63
The house always wins. No refunds. (media.scored.co)
posted 2 months ago by EJGeneric on scored.co (+1 / -0 / +62Score on mirror )
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4
XBX_X on scored.co
2 months ago 4 points (+0 / -0 / +4Score on mirror ) 1 child
I don't doubt it, but it can't be as frequent and as obvious as crypto scams.
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Brannvesen on scored.co
2 months ago 5 points (+0 / -0 / +5Score on mirror ) 1 child
Less obvious, but more frequent. It happens every single second. They have their own fiber cables just to get a millisecond faster latency than everyone else. That way they know the future price change and will be able to place an order before everyone else, earning a few hundred bucks every second without anyone noticing.
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XBX_X on scored.co
2 months ago 3 points (+0 / -0 / +3Score on mirror ) 1 child
Yes, on that I will concede. I would say that day trading isn't possible anymore since you're going up against bank-owned supercomputers with T5 connections making millisecond trades based on algorithms literally written by MIT mathematicians.

On that you're absolutely right. No argument.
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systemthrowaway on scored.co
2 months ago 1 point (+0 / -0 / +1Score on mirror )
Yep day trading is literally gambling just as bad as shitcoins. Individual day traders who make it big get it out of sheer luck and don't even know it. If you care about your money you will stick with boomer long-term investment strategies, but even that isn't flawless because *jews rugpull the entire economy* every 10-20 years.

Basically the only way to keep your money under zog is to try and predict how they're going to try stealing your money at any given moment.
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