I have a problem. My girlfriend called me and I went into a rant about the evils of wall street, at points close to tears.
I see this kind of illegal and immoral behaviour everyday and I still have problems with it. I just think of the individual investor, especially older people, who have already lost much of their savings trusting these crooks, but the crooks keep issuing buy recomendations, which they sell into. I find it a sad that people who are making .5-10 million a year still want to screw the public out of every last dime. There are people who have lost over 50% of their life savings listening to these rats and roaches, but the rats and roaches still want the last 50 %. I find it depressing people would do this to others, especially those who have needs vs those who live in excess. I think I am still to idealistic and this is really human nature. It is not my nature, and I think if I could conform to the rats and raoches mentality and total lack of morals and lack of respect for the rules and regulations I could be a much better trader, again sad but it seems but true.
I am also disturbed by the fact I know this stuff, I have seen it for years, and it still gets under my skin.
Let me beat a dead horse in summary: Very well off individuals who already lead lavish lifestyles paid for through the losess of the average strugeling small investor still want more, the rules, the morals, are a joke. I am sad to say this, but it seems it is true (again statics back me up here), and this is what I hate most about trading, is seeing the ugliness. |
