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Trading the Stock Market
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<Scoobs>
Posted
If Mr Wattles says that we should give more life to all and that we should be doing our business on the creative plane and not the competetive plane, how does one justify making money on the Stock Market? To make money, someone else must be losing it! As a trader myself, I need to come to terms with this.
 
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Scoobs, try using the Search function. Every couple of months someone asks this question, so there's some good stuff already here.


Love & blessings, and, of course--
EXPECT Success!
Rebecca
 
Posts: 4906 | Location: San Miguel de Allende, Guanajuato, Mexico | Registered: 30 May 2002Reply With QuoteReport This Post
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Just a thought from a different perspective, maybe, since I'm also a bit of a trader (though, not a day trader or anything that brave).

Seems to me that nobody is losing in the stock market if you are trading and making money. The people who buy your stock believe it will increase in value at a later date or they wouldn't buy it.

OR...if the stock tanks and loses them a bundle, they are still counting on the "value" of being able to write capital losses off their taxes.

Either way, it's still a win/win in my mind, and seems to fall within the philosophy.

I hope your day is prosperous and happy...for you and all you come in contact with.
 
Posts: 1 | Location: Colorado Springs | Registered: 02 June 2004Reply With QuoteReport This Post
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