Mark Cuban breaks one of tradings golden rules

[Stok]

Quote from 50/50:

Get rid of HFT altogether to keep integrity of the markets..at least you must agree with Cuban here?

He wants the FTT to get rid of it which will wipe out most if not all traders. Be careful what you wish for.

 

[LVMises]

Quote from 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.

Entitled?

Go Fish

 

[spd]

Quote from LVMises:

Entitled?

Go Fish

Anyone is entitled to any opinion and may share it with others.

Do you live in a strict muslim country or something?

 

[LVMises]

Quote from spd:

Anyone is entitled to any opinion and may share it with others.

Do you live in a strict muslim country or something?

Nope......But his opinions are hypocritical and they need to be pointed out.

 

[Runningbear]

With all the smart guys that Cuban knows, Im surprised no-one told him that facebook is only worth about $18 a share.

 

[Pekelo]

Quote from OnClose:

you NEVER add to a losing position.

I think he is alright. He used to sell on the top. Type in broadcast.com and see what you get. He sold that for 6 billion....

Genius, pure genius...

 

[lwlee]

I like his no nonsense answer.

"I was wrong. I took a beating".

Take your loss and move on.

 

[Runningbear]

He only lost 5 million. That's like lunch money for him.

 

[OnClose]

Quote from Runningbear:

He only lost 5 million. That's like lunch money for him.

Your 100% correct but If Cuban wants to piss away $5 mill I'll give him my address and he can send me a check

 

[50/50]

He didn't "piss away" 5 mil. He made a losing trade. Big difference. Do you consider every of your losing trades pissing away money? Or the cost of doing "bizness"?