Quote (Ylem122 @ Aug 29 2012 06:43am)
the point was, diablo 3 requires 0 skill.
i commented that it takes skill to work the ah and it takes skill to play a char and not die (arcane, desacrator, frozen, ect).
he retorted that im a high school kid thats going to park cars for a living.
Yeah that's pretty much the jist of it. I feel that anybody who says Diablo 3 takes skill is borderline retarded. It probably means they don't have any actual skills, so they think a point and click video game qualifies.
Quote (Parsa @ Aug 29 2012 06:39am)
Yeah, guess we should, but you shouldn't start flaming people for saying that the market is similiar to equity market. It is just like every other market. Your using TA as a tool for your trading, you could, in theory if enough information was given, use it for D3 AH too. Also flaming people for not knowing how the "real market" works and saying that everyone here is jerk just because you work as a daytrader yourself makes you sound stupid. I trade as a hobby too, mostly DAX CFD and EUR/USD based on shortterm PA, using tick charts to see PA more accurately. And yes, your right, there is point trading those instruments together, not just top of each other.. unless your hedging... =)
Anyways, to return to the Monk discussion, what was your original question here even? I came just to work and just saw this fighting going on about the diablo 3 market.
As I said, it's about as similar as a bicycle and a Lambo. Yes they share a few common traits, but no more so than wheels and a seat.
PS: Any moron can make big money in the markets. The true science of it is the hedging, so of course I use multiple layered products for the purpose of hedging, that's the point of quant trading with options. If somebody wanted to make money, they could have just gone balls out no hedging long the XIV after last October's Fed announcement. That trade is up 160% in the last 9 months. Brainless, but effective. But it's not hedged, so the sharpe ratio of that system will be horrendous, and returns will be given back.
Also, I never said everyone here is a jerk, and I never flamed people for not knowing how markets work. How could they, when even most bankers don't even know how the markets work. I simply said 1 person here made an idiotic comparison, and I said the markets are NOT similar to Diablo.