Knight/Trimark Group, Inc. Message Board

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Non-Tech : Knight/Trimark Group, Inc.

KCG 20.00

0.0%

Aug 17 5:00 PM EST

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To: Raymond James Norris who wrote (2379)	7/14/1999 7:04:00 PM
From: SJS	Read Replies (1) of 10027

Ray, You write well and I enjoy reading your posts. However I do take exception with this comment: Note: Trading is a zero sums game. For every winner, there is a loser. This is patently NOT true. When I sell a stock higher than where I bought it. I make a profit. When I sell it to you, you assume the risk I don't want anymore. However, you too, can make a profit irrespective of my profit, by selling it again for a higher amount than from where you bought it. This can go on for a very long time; profit after profit after profit. Person after person after person. As the "first" holder all I've "lost" by selling to you is the opportunity to participate in additional gains. I've lost NO capital. If this was a zero sum game, it would have been over years ago. Regards, Steve

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