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Technology Stocks : Full Disclosure Trading

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To: advocatedevil who wrote (3256)12/13/2002 7:40:56 PM
From: Sarmad Y. Hermiz   of 13403
 
>> with an 84% win/loss percentage

Congratulations, AD. I think the win/loss % is even more impressive than the amount.

But I am always puzzled by something. Someone else was on the other side of these trades. And even though they may want to keep coming back and doing their losing trades, they should soon run out of funds.

The brokerage houses have trading departments that employ thousands of people and pay many $billions in salaries and bonuses. All those sums are generated from the luckless amateur traders who put their coin in the slot, and go away empty handed.

Besides that, the stock brokerage industry employs hundreds of thousands of people. Pay $billions in rents and taxes.

And all those are living on the luckless stock gambler. Three cheers for the poor (and getting poorer) fella. He's supporting the whole economy, practically.

Have a good weekend, all.

Sarmad
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