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Strategies & Market Trends : Banned.......Replies to the A@P thread. -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (2192)1/19/2005 2:08:47 PM
From: Dave O.  Respond to of 5425
 
A number of us debated with Asser back in 2003 when he was posting under the CountofMoneyCristo ID on the thread:

Subject 51389

What baffles me to this day is HOW anyone could lose over $10 million trading. And it's suggested that all those losses were based on stock recommendations from Trading Places ("From following the advice of Trading Places, plaintiff estimates he has lost more than $10 million"). I would think that a reasonably intelligent person would terminate any subscriptions to stock picking services if they continually lost money. I mean wouldn't you say "hey, maybe I'm not cut out to be a trader" after losing say $100,000. But to see it go to $200K, $300K, ...., $1 million, $2 million, ....., $10 million is mind boggling. But most important to me is that any trader must take responsibility for his/her trades. I seriously doubt that anyone forced them to put on a trade; long or short.