Quote from t0pd0g:
I disagree that the stock market is a zero sum game....where every time someone makes money someone has to lose. For example, when LNKD opened at $81 today and I bought there and sold at $82, who lost?
Every trader I talked to made money going long LNKD today!
Another example...A stock closes at $25 one day with no shorts outstanding and opens the next day at $30. Who lost money?
Options and futures zero sum...stocks not.
if you only made $1 on that gamble, you lost. Next time you lose $5
Not to mention the $ you left on the table for no particular reason