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A comment on Ask HN: Developers who switched careers, what are you doing now?. Parent comment

Re:Ask HN: Developers who switched careers, what are you doi... by einpoklum on Sunday March 20, 2022 @11:05AM (#30743206)
Stock traders don't "provide" anything, they're just playing a part in a poor, and exploitation-buttressing, system of exchange and resource allocation.
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Re:Ask HN: Developers who switched careers, what are you doi... by swalsh on Sunday March 20, 2022 @11:12AM (#30743266)
That's a very shortsighted view.
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Re:Ask HN: Developers who switched careers, what are you doi... by amelius on Sunday March 20, 2022 @12:48PM (#30744247)
Shortsightedness is exactly the problem with daytrading.
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Re:Ask HN: Developers who switched careers, what are you doi... by emteycz on Sunday March 20, 2022 @01:21PM (#30744534)
Well don't daytrade if you're shortsighted, for sure. But if you think daytraders can afford to be shortsighted, you're very wrong - it's one of the most exposed professions in this regard, the market will react weeks or months in anticipation of an event.
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