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Posts: 840 | Thanked: 823 times | Joined on Nov 2009
#1762
Originally Posted by specc View Post
Unless you are a long term investor, the stock market is gambling. The long term investors are sitting firm on their Nokia stocks, while the 2-3% rest are governing the price by speculating. Already the stocks are valued much less than the value of the company.
Everything is gambling in that sense just with reduced risk. HFT is more than purely gambling but it does have added risk.