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Strategies & Market Trends : Are you considering quitting your dayjob to daytrade?!
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To: kaz who wrote (475)1/30/1999 9:39:00 AM
From: jebj  Read Replies (4) of 611
 
>Your winnings are made up of someone else's loss. That's a zero sum game. - Kaz

Let me see if I understand -

"A" purchases stock xyz at 20 and sells to "B" at 30.
"B" the sells to "C" at 40 and "C" to me at 50.

And it is a "zero" sum with "A", "B" and "C" losing money.

Boy, hope I can be a loser some day! :)

As I stated before, if the market is increasing more that the amount needed to cover the commissions, there is no way it can be "zero sum".

jb
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