Oh, I didn't know he was a lawyer. I should have done more research. I was just funnin' about the post. No personal shot intended.
Gentlemen, Honestly, who really gives a rat's ass if trading is ethical or not? If it is not ethical and you are good at it and make 6 or 7 figures a year, are you going to stop -- NO. You know -- ethics makes for a great philosophical debate in college, but in the real-world, people are constantly stepping on other people's ****s to get one up on the next guy. It's called COMPETITION. Don't you think that, by our very nature, we all compete for money, pretty women, the big houses, the fancy cars? The one's who make it just do it -- the one's who don't convince themselves that they don't want it or need it. But I guarantee you this -- nobody in the history of this world has EVER said, "You know, I'm going to refuse this million dollar inheritance because it would make me a corrupt person." Likewise, brothers were stabbing each other in the back just to be the next emperor of Rome after their father died -- and some were killing their dad's to get there. So in short, if you have it, you lavish in it, and if you don't have it, then you do everything you can do either get to it, or convince yourself it's all materialism -- but let's face it, human nature by its very design is based on materialism. It is the bull**** they feed you in school that it is wrong to be materialistic. Why is it wrong to be materialistic? There is nothing wrong at all with having a bunch of toys. If they came out with an eleventh commandment tomorrow that said, "Thou shall not trade," then I would just have to add that to the list of sins I'm already going to have against me when I'm standing before the .... haha ... "pearly" gates (even the Bible is filled with materialism). aphie
It's not like I take a trade saying, "OK, I'm doing my part to facilitate the efficient distribution of goods and services here." A batter doesn't really study his swing at game time. He does that in practice. At game time, he swings, and his swing is shaped by his practice.
Chasity, It is APHIE not ALPHIE -- short for Aphex Twin ... and short for my nickname of "Aphexcoil" (which comes from the two musical groups Aphex Twin and Coil). ;-) aphie
Very well said APHIE. This board is getting easier and easier to distinguish the winners from the losers. Winners..... just win. Losers......play the blame game and whine. Its not my fault I cant make money....its the specialist or someone elses fault. Or more to the point....ITS ALL DON BRIGHTS FAULT!
hmm. interesting implications. do you mean to say that, because I can identify fraudulent activity on the part of the specialist, that I'm 'a loser?' Is this the sort of thinking that makes you 'a winner?'
what makes me a winner is that I dont sit at my station and whine about it all the damn time. Besides.....I am usually trading witht he specialist and if he takes me every now and then....it all evens out. I dont know how many times I have heard a whiner complain about a fill or where the specialist is moving...of course this only happens when the trader is on the wrong side. I have never heard a trader complain and ask that the money be taken away from him if he happens to benefit from what the specialist is doing. Winners take the game for what it is and find ways to make it work. Losers find people to blame and whine about it. That simple.