Quote:
Originally Posted by roachboy
eribrav: that's an interesting question to me, anyway, because it never crossed my mind to play the market. much of the way i am interested in the various constructs that we call "the economy" follows from my trying to wade into what i guess you'd call a "post-marxist" frame for radical political action. i put post-marxist in quotes because i don't really see what's taking shape conceptually as that oriented toward marx, but that's another matter. i come out of an academic background and am still a bit oriented toward producing at least some stuff in that space. so the markets i suppose i've played in are those in which types of writing circulate, and i've had some success in there. but i'm thinking about your question more as i write this. i wonder why you ask....
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I ask because I come at this from a totally different background and find your postings interesting.
I actively trade equities and options using a mix of fundamental and technical analysis.
I really enjoy reading about macroeconomics, even independent of my trading but the markets are loaded with people who largely ignore the work of academics. The general sense is that sound work comes from those who are actually in the markets and have shown that they can make money, whereas the academics get much less respect if they have never actually been involved in markets directly.
As an example, many investing and portfolio management classes are taught by people who have never actually proven they can succeed in those markets. Many of us question the value of those classes and would rather see someone learn on their feet from working at a hedge fund or trading "in the pits".