/biz/ - Business & Finance

>>50646021
Is okay fren, most people don't know this or don't care to know it because in all honesty most of the time a cost-for-difference system for stock trading works out and is approximately """fair""" all things considered. The major exception is that it allows for all sorts of fuckery, and I'm talking about the kind of fuckery enabling that allows for taking down empires from within and crippling nations when taken to extremes. It's still very possible to make a profit in the current system, and even enough of a profit to still make money when considering the insane tax burden on those profits, but the way stocks work in the current system allows for the common man to get fucked relentlessly with a cactus because he doesn't actually own shit, can be rugged without notice and without recourse due to terms he agreed to without reading (that are barely readable or followable as a rule because doublespeak and intentional complexity) and most of all because what he thinks he owns and controls is actually wholly outside of his control and his own positions can be used against him. This isn't even getting into how brokers fuck everyone that uses them on best execution to grift pennies at a time hundreds of millions if not billions of times a day, nor does it address borrow fees they can collect lending out shares they shouldn't and say they won't, again because doublespeak, or like ten more posts and two more hours of typing worth of methods to screw everyone who participates from the richest to the poorest.

The more you know about how it all works (actually works behind the scenes, not the way you're told it works) the more you understand that it was never meant to be understood and that anyone that actually does understand it wants to tear it all down and flip the proverbial and literal table in the moneychangers temple. Your best bet is picking shit at random with a truly random system or just going with sentiment and learning how to read between the lines.