Can someone explain that concept in the following example. Trader 1 buys Stock A at $10 and sells it to Trader 2 at $15. Trader 2 sells Stock A at $22 to Trader 3, who in turn sells it for $25. Who lost money in this scenario. My contention is it is not a zero sum game as there is a historical upward bias in the market. (yes, i understand stocks go down as well, but historically the Dow has gone from 74.10 in 1916 to 12795 in 2007, easily proving this upward bias)
2007-04-11
20:12:20
·
5 answers
·
asked by
Romans 1:22
4
in
Investing