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Entries in zero sum game (1)

Monday

Jun182012

Emini Futures | Is Trading A Zero Sum Game?

June 18, 2012 at 11:02 PM

According to George Carlin "Life is a zero sum game." Ask your undertaker if he agrees...

Is Trading A Zero Sum Game?

Well for starters, if you approach it as a game then the answer is quite probably yes. If on the other hand, you approach your trading business as you would any other business, the answer becomes an unequivocal no. Make that, Heck No!

In all business ventures we must confront the Profit and Loss sheet. Many businesses fail everyday both small and large. Good, hard working, tax paying people simply trying to bring a quality product or service to market at a fair price, sometimes fail. Despite the blood, sweat, tears, sleepless nights and fervent prayer, it just doesn't work out.

Is that business owner now damaged goods in the eyes of man or God because of his failed speculation? He worked hard, planned well, and whether it was a change in the weather or the social climate, success eluded him.

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