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RE: Trading Journal Day 9
If you just see it as speculation on the price of valuable things, then it's not a good use of your time.
I see it as participating in facilitating the allocation of limited resources ... and markets have done more to improve the overall well-being of humans than anything in recorded history.
I know what markets has done for us all in past times, what I don't like is the overall image I get of what their doing today... But yet I think it's because the limited information I got about them... Could you please point some good reading materials to get a better idea of them?
Joseph Schumpeter's 'Capitalism, Socialism, and Democracy'
Thank you, I'll read it and then reach you back with lots of questions 😅