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To: CountofMoneyCristo who wrote (1254)6/24/2003 11:31:46 PM
From: Dave O.  Read Replies (1) | Respond to of 3143
 
Well, to me it sounds as if you lost money trading and want to somehow recoup your losses.

And I see you failed to answer my question. Who "forced" you to buy stocks? Didn't you "hit" a "Buy" key to execute a trade? And if you didn't have enough discipline to have stop losses then IMO you have no one to blame but yourself.

BTW, your analogy about crossing the street was humorous.



To: CountofMoneyCristo who wrote (1254)6/24/2003 11:32:56 PM
From: Jon Tara  Read Replies (1) | Respond to of 3143
 
You'd think, though, after that pedestrian was hit for the 10'th time...



To: CountofMoneyCristo who wrote (1254)6/25/2003 9:47:07 AM
From: Dave O.  Respond to of 3143
 
< If someone walks across the street and a madcap driver blows a red light, running them over, did anyone put a gun to their head to cross the street? >

It's all about risk. You take a risk when you cross the street. You take a risk when you fly on an airplane. You take a risk when you drive a car. And yes, you take a risk when you trade stocks.

< And yet here we're talking about the stock market, NASD members and you excuse rigging the game? You must be joking... >

Rigging the game? The playing field isn't level and won't likely ever be. But's it's easier to play the game than it was 10-15 years ago. You mentioned casinos ... well the house has the edge there too. But people continue to play the game; some win and some lose. The stock market also has winners and losers.

< As they say in the practice of law, your argument is both inapposite and not material. >

Actually I think my initial question to you was very appropriate. I asked if someone forced you to place all the trades you apparently executed. You've not answered that question ...

If you lost the kind of money you alluded to that's unfortunate. But I've traded during the same time frame you've mentioned and made money. I make my own decisions, don't rely on outsiders and I take responsibility for my actions (i.e. trades) whether I make money or lose money.