it wasn't the "Occupy Wall Street" hipsters that caused the global economy to collapse.
It was the regulations that created a bubble in the housing market that caused it, which amounts to the same thing. People who know nothing about financial markets trying to manipulate things. It's not "Wall Street" that makes mistakes, it's the politicians who try to regulate it who cause shit to happen.
But then, maybe everything went as planned, and at least some of the Wall Street people successfully played "the market" with this.
Of course they did. When you apply the principles mentioned in the books I posted above, which a couple of dimwit moderators termed "flamebait", it doesn't matter if the market plunges, you are out by then.
You only lose in the market if you ignore the signs it gives. A good investor knows how to detect early signs that the market is going down and cuts his losses in time to avoid the worst of it. By correctly applying the technical analysis of the market you may not win every time, but when you lose it will be a small loss, when you win it's a big win, in the end it averages in your favor.
The first methodical studies of market dynamics were done by Charles Dow in the late nineteenth century. Since then there have been many people who studied the behavior of te market with mathematical tools. The only people who lose money in the market are those who try to play it without knowing the tools.
As in every other human activity, ignorance is a hindrance.
However, what is different in financial markets, is that so many people pretend to know something about it without going to the trouble of learning the basics. Why is it that OWS and other people think they have the right to point out the supposed shortcomings of the market if they don't know shit about it?
We all need money to live, knowledge about finances and the way markets work should be a basic requirement for everyone.