<story><title>How the Stock Market Works</title><url>http://shashankr.me/2019/07/27/everything-you-ever-wanted-to-know-about-the-stock-market-but-were-too-afraid-to-ask.html</url></story><parent_chain><item><author>kelnos</author><text>I was expecting something a lot more detailed.  I got to the end and was wondering if this was the first part of a series, since it&amp;#x27;s nowhere near &amp;quot;everything&amp;quot; anyone would want to know about the stock market.  It&amp;#x27;s barely an introduction.&lt;p&gt;Then there are the inaccuracies.  Zero-sum game?  No.  Derivatives are &amp;quot;a bet on the rate of change&amp;quot; in value?  No.  Brokers &amp;quot;help you execute a trade at the best possible price&amp;quot;?  Well... not really.  The NYSE is a &amp;quot;one stop shop&amp;quot; for people who want to trade?  Um, NASDAQ?  Any number of non-US exchanges?&lt;p&gt;Overall, very disappointing.</text></item></parent_chain><comment><author>evrydayhustling</author><text>Bond market is off too - bond writers don&amp;#x27;t set the rate, they just describe the payment schedule and auction it off.  Market determines a price, which implicitly sets the rate.&lt;p&gt;It seems like an earnest effort by the author.  I&amp;#x27;d encourage them to find a pro to run this piece by as a further learning experience.  When you stop getting edits, you are ready to teach a simplified version to others!</text></comment>
<story><title>How the Stock Market Works</title><url>http://shashankr.me/2019/07/27/everything-you-ever-wanted-to-know-about-the-stock-market-but-were-too-afraid-to-ask.html</url></story><parent_chain><item><author>kelnos</author><text>I was expecting something a lot more detailed.  I got to the end and was wondering if this was the first part of a series, since it&amp;#x27;s nowhere near &amp;quot;everything&amp;quot; anyone would want to know about the stock market.  It&amp;#x27;s barely an introduction.&lt;p&gt;Then there are the inaccuracies.  Zero-sum game?  No.  Derivatives are &amp;quot;a bet on the rate of change&amp;quot; in value?  No.  Brokers &amp;quot;help you execute a trade at the best possible price&amp;quot;?  Well... not really.  The NYSE is a &amp;quot;one stop shop&amp;quot; for people who want to trade?  Um, NASDAQ?  Any number of non-US exchanges?&lt;p&gt;Overall, very disappointing.</text></item></parent_chain><comment><author>Phillipharryt</author><text>I think the writer has confused themselves while attempting to simplify some of these concepts. Instead they should have accepted the financial market is complicated and cannot be condensed into a single blog post.</text></comment>