Mark Cuban breaks one of tradings golden rules

Discussion in 'Wall St. News' started by OnClose, Jun 18, 2012.

  1. OnClose


  2. 50/50


    Have you heard of "building a position"?
  3. Bison42


    Your IQ doesn't increase as you make lots of money. Dumbass trade. Got what he deserved.
  4. LVMises


  5. spd


    Your winning trades are facilitated on the backs of market makers or other traders providing you liquidity. And you are also entitled to speak out against whoever may be on the other side of your trade, whether it be true statements or unfounded ad hominem.
  6. 50/50


    Very difficult getting it right on first shot. That's why they have artillery spotters.
  7. I thought from the title that he didn't post his entry at the EXACT time of trade on ET...must be fake ;)
  8. Stok


    Yup, he also wants a FTT to "tame" the market. LOL, if there was an FTT with his yahoo deal, I guarantee he would not have the same valuation or liquidity to short against his yahoo stock and liquidate it all.
  9. SMI

    SMI ET Sponsor

    I thought it was telling that he went on national TV and said "I was wrong and got out" or something to that effect. How many traders will admit that they are wrong let alone be willing to do it on national TV?

    I would be curious if he had a predefined stop or just got out when his pain got too great...

    I don't agree with his HFT comments though...
  10. 50/50


    Get rid of HFT altogether to keep integrity of the least you must agree with Cuban here?
    #10     Jun 18, 2012