Trade the day away….

We all remember as children playing musical chairs. Round and round we went until the scramble when the music stops. The slower or unlucky were quick to be eliminated. Ultimately 99 % of the players lost even though towards the end the scuffles for the remaining chairs became more “competitive”. It occurred to me that you could always end up on the right side of the chair if you were friends with the guy operating the phonograph…….

Michael and I have met a few times over the past three years through a mutual semi work related acquaintance. Michael is a financially comfortable guy and certainly not above an occasional boast over all his accomplishments, meaning financial of course. Michael also whines a lot…. though he’s stopped doing it in front of me……He whines about taxes, over spending by the government, entitlements cost too much, welfare Momma’s suck and unemployment recipient cheats should be hung by their parastic balls along with demanding union types.

Frankly I might be prone to agree with a fair amount of what Michael says but for one small fact….Michael proudly “earns” his daily bread day trading. That’s sitting in front of a puter three hours a day gambling on the market. Let me explain my view as I’ve tried to explain to Mike….a day trader produces what?…that’s right, nothing… creates what ?…that’s right, nothing. Employs how many ?…that’s right, no one, helps who ?…your catching on. In fact his sole existence evolves around an attempt to skim free money sans effort, off the top as it marches around the financial musical chairs. He benefits at the loss of all those doing the actual trudging around that row of chairs and I believe Wagners would claim this to a descriptive of a parasite. And so would I…….but I guess that’s  just the natural order of things

 

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