Ira,
I agree fully. And your point exemplifies the paradox. How can we as traders--be they day-traders or weekly traders-justify our existence?
O-o-o-o-o philosophical! We essentially separate people from their money, and the online, faceless trading makes that possible. (Not only possible, but palatable.)
How do I justify my existance in any market? Truthfully, I don't. My reward comes in looking back on the week and telling my wife that we made so many dollars this week. And I rejoice in that.
Do I (and my kind) add anything to my society? Indirectly yes. Because I use the proceeds to finance a number of enterprises that need a little shoring.
With a little help, they will provide all sort of joy and pleasure to the people who buy the goods.
So. Ira, we do provide services (I hope), but in the end, we are scavengers who feed on those who do not know what they are doing. I would feel very sorry for them, but I have already paid the price, over and over again. Greed, ego and pride suck, but they are profitable for those who can take advantage.
So, I thank those (in advance) who are impatient, emotional and greedy. Because you are the ones that make my wife smile at the end of the week. |