The whole stock market is gambling, short selling is just the way to profit on the prediction of a price going down instead of up. Really short selling is one of the least sketchy things the stock market does, because at least it's public how it works.
Right! 70-80% of trades on the stock market are bots trading with bots that learned to trade by watching historical trade data and trading with other bots, most on the order of milli or microseconds.
The whole stock market is gambling, short selling is just the way to profit on the prediction of a price going down instead of up. Really short selling is one of the least sketchy things the stock market does, because at least it's public how it works.
Right! 70-80% of trades on the stock market are bots trading with bots that learned to trade by watching historical trade data and trading with other bots, most on the order of milli or microseconds.
Oh god it gets so so so much worse than that. Video from Jon Stewart on how deep the rabbit hole goes.