Are Traders Ethical

Originally posted by skynet
whats ethics to do with it

is this the definitive statement about trading? I thought trading was about making markets.

One carpenter says, 'carpentry is about taking people's money. I make stuff in order to get the green.' Another says, 'My heart is in the creativity and working with wood. I love what I do. Oh, and it is also how I support my family.'

Same profession, two different worlds. Woe to the customers of the first guy.
 
Originally posted by OHLC
Trading is for freemen and freethinkers. They are a safeguard in any society.

OHLC (insomniac at 3AM lcoal time :)

I like it. Trading is absolultely a privilege, benefit, and safeguard of liberty.
 
Originally posted by chasinfla


So many awful things are implied by such a blanket statement, it's hard to nail them down.

That is like saying, there are enough restaurants, so opening a new one is unethical. No, it's even worse. It's elitist. No, Redneck. No, that's too good. I'm sorry. It's, well, not-really-well-thought-out, let's say that. Please, tell me you're kidding?

Sort of like: "leave the trading to the special people who own the franchises. Competition is unethical" Are you from a communist country?

As for where trading profits come from, there is a saying: "Money always returns to its rightful owners."

Well said!
 
Originally posted by skynet
ethics trust me i knwo about ethics....and trading doesnt invleve it

So you're saying lawyers are more ethical than traders? LOL!!!

Get serious, man.
 
Originally posted by Paterfamilias


So you're saying lawyers are more ethical than traders? LOL!!!

Get serious, man.

Got to agree here (though i can't make any sense out of the post you quoted).

Lawyers (nowadays, and in general, owing to the restrictive nature of law) are a tax on productivity. Traders enable it.

Sometimes lawyers enable it, but usually that's because they offer 'protection' from the abuses of others, which increases the cost of doing business. It can be seen, I suppose, as a form of insurance.
 
Originally posted by chasinfla
Got to agree here (though i can't make any sense out of the post you quoted).

Yeah, you'd think someone who supposedly went to law school would at least have the fundamentals of English spelling and grammar figured out. :)
 
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