comments (1)

  • Forecasts don't move the market.

    Buy and sell orders move the market.

    Each transaction swaps risk for reward between 2 parties.

    Are humans going to stop transacting with each other ? No.

    Haven't we been using computers to conduct the transactions for decades now ? Yes.

    So, what fundamental property of the markets has AI changed ?

    I see more market participants.

    I see the same groups of winners and losers.

    The dedicated professionals versus the tourists, and this is true for any industry.

    The weapons have changed, the people haven't.

    Kevin_Flynn