Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Brokerage-Chat Site Securities Fraud: A Lawsuit -- Ignore unavailable to you. Want to Upgrade?

To: CountofMoneyCristo who wrote (2355)	7/27/2003 8:37:32 AM
From: Dave O.	Read Replies (1) \| Respond to of 3143

< Maybe if they select 1 play that won as their "record" they might claim they had 100% accuracy! You know, please tell me how the brokers and TP will explain how a majority of their clients who went to sites suffered gigantic losses while the Nasdaq was rocketing? > As I earlier stated mutual funds take "select" time frames to promote their returns. Again you use terms such as "gigantic losses" ... define "gigantic". Over $100K? For each client? Next, many people who tried to day trade did so without proper training, knowledge of the markets and/or knowledge of direct access technology. Geez, 90% or more of people who try to daytrade fail. So even if you claim 95% of those you supposedly can document failed then statistically it's not out of the norm.