News for hackers. Stuff that matters.
Re:Why forex trading is exploding across Africa by ivanche on Tuesday March 09, 2021 @11:21AM (#26400320)
Care to elaborate? Are you saying that long term every trader makes money?
Re:Why forex trading is exploding across Africa by andi999 on Tuesday March 09, 2021 @02:04PM (#26402440)
These stocks represent part of existing companies. If these companies do well the stockholder will/might receive extra dividends. So if you have stocks of a single company then you will make money in the long run if the company does well (and vice versa). Generally people do not trust a single company, so if you diversify (different strategies apply here) you can make your outcome dependent on a countries economy or the world economy (if the world economy does well, your portfolio will do the same)
Re:Why forex trading is exploding across Africa by ivanche on Wednesday March 10, 2021 @06:04AM (#26410028)
Oh sorry, I wasn't precise enough. I meant specifically forex traders (because the article was only about forex traders). Since currencies are not cash-flow producing assets, I don't see how, on average, everybody can end in the money.

About stocks I absolutely agree - history tells us there's a long-term positive (US) market return so it's clear that an average investor should get exactly that return minus costs/fees.

Re:Why forex trading is exploding across Africa by andi999 on Thursday March 11, 2021 @03:53PM (#26428883)
This is a good point. One could argue that some people buy currency on forex to use it for a different business which gives them a gain. So your selling benifits them and you.
Re:Why forex trading is exploding across Africa by syrgian on Tuesday March 09, 2021 @12:25PM (#26401085)
Long term non-trader money is also part of the market (stock buybacks, dividends).