The philosophy of algotrading - page 7

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Maxim Kuznetsov:

only the Germans don't know about it :-)


It is interesting to ask philologists. In the process of evolution has Russian become more complicated or has German become simpler?
 
Реter Konow:

Couldn't gold be devalued? For example, if science finds a way to extract huge quantities of it.

(Science is always looking for a solution to the problem: how can we make sure that everything of value is plentiful and easy to get?)

No, it cannot (not so much as to give it up). Money can be printed on anything, including electronic surrogates )))). and it is unlikely that they will create a philosopher's stone imho.
 
Реter Konow:

(Science is always looking for a solution to the problem: how to make everything of value abundant and easy to obtain).

Zeros in electronic bank accounts have become the cheapest currency to be issued and no one will give them up.

Zeros can be used to buy all the gold, etc.

 
fxsaber:

I haven't come across any algotraders myself who care about this question. That is because it is a saber question, i.e. it is not at all down-to-earth. Or maybe it's because I haven't met many of them.

The only (debatable) benefit from traders is the creation and migration of liquidity. And so yes, traders are parasites.

So the awareness of parasitism is one of the intermediate stages, no? We either accept it as it is and do not bother ourselves, or we quit.

For example I justify myself by saying that as a result I will create something useful with what I earn, and in the end trading is not an end but only a means.

I.e. for me the final result is not a million or a billion quid but a normal working business. Normal is not for example earning money in the market.)

 
Комбинатор:
...

For example I justify myself by saying that eventually I will create something useful with my earnings, in the end trading is not an end but just a means.

I.e. the final for me is not a million or a billion quid, but a normal working business. Normal is not for example earning money in the market.)

Interesting self-justification. Do many traders secretly consider themselves parasites? True, some openly admit it. But then, why do they continue their unpleasant activity?

If most traders mostly lose money on the market, then they can be classified as donors, rather than parasites?

And if you apply your position to other traders, market makers, brokerage companies, stock exchanges, and other fragments of the market infrastructure, it turns out that they simply take money from less talented (lucky) traders, in order to give it to more talented (lucky) ones, at their disposal. And these successful traders use other people's money to build a normal business or do something useful...

Is this good or bad?

 
Uladzimir Izerski:

Zeros in electronic bank accounts have become the cheapest currency to be issued and no one will give them up any more.

Zeros can be used to buy all the gold, etc.

So, values are becoming fake?
 
Trading parasitism can be categorised in a simple way - what are we producing that is so useful?
 
Server Muradasilov:
Parasitism in trading can be classified simply - what do we produce that is so useful?

What if we look at trading not in terms of the production of useful products, but in terms of monetary redistribution between market actors?

The point of the redistribution process is to take excess financial capacity away from the less able and put it in the hands of the more able.

And these more capable ones will produce something useful.

What if society selects the most promising individuals and projects?

 
Реter Konow:

And what if to look at trading not from the perspective of useful production, but from the perspective of monetary redistribution between subjects of the market?

The essence of redistribution is to take away surplus financial capacity from less able and give it into the hands of more able.

Those who are more capable will produce something useful.

What if this is how society selects the most promising individuals for it?

If I did not know that I was selling pure air ....................... it is so, yes, we take air away from the less able ones and turn air into money.

When I went to the casino, I understood perfectly well that I was dealing with real money, with whom I brought it and who took it away.

 
Комбинатор:

The only (debatable) benefit from traders is the creation and migration of liquidity. Otherwise, yes, traders are parasites.

So the awareness of parasitism is one of the intermediate stages, no? We either accept it as it is and do not worry about it, or we quit.

For example I justify myself by saying that eventually I will create something useful with what I earn, and in the end trading is not a goal, but only a means.

I.e. for me the final result is not a million or a billion quid but a normal working business. Normal is not for example earning money in the market.)

Balance of mind (the purpose of excuses), in principle, should not be lost from realizing the objective evaluation of one's own field of activity.

It is possible to engage in charity and/or other useful for society, but not with the aim of self-justification (to set something off).

A parasite is neither bad nor good. It just is.

Remember the collapse of the ruble. In that situation almost all the professional traders won. The population paid them the profit. Almost every trader in that situation understood the outcome and made the decision to take part/not take part for themselves. Some got out of the pie, some did not. There is no good/bad here. It is only a statement. Value systems can be different.

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