What kind of trading doesn't have a win/loss chance of 50/50?

since this is a zero sum game.

Ones don't have to put up capital to run day trading, I believe that is why many market making firms run that business on the side. But I don't think banks never hired people with day trading history to run their own books. I, in person, know a couple of guys were hired by the banks but they did day trading prior to that.

News are all misleading one way or another. I don't mind. Actually, it is good to portrait some financiers as victims, which can sooth citizen's anger against finance industry.

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• Oh, I don't mean against counterparty. and I believe by day trad -cocopuff- ♀ (135 bytes) () 04/27/2012 postreply 11:15:01

• "own book" means proprietary trading. -worriedmom1- ♀ (159 bytes) () 04/27/2012 postreply 11:20:21

• The difference is mainly how the books view and carry risk. -cocopuff- ♀ (42 bytes) () 04/27/2012 postreply 12:16:56