As Christians, we do not want to win at somebody else’s expense.
“Are my wins somebody else’s losses?” This is a question many new traders have. As Christians, we do not want to win at somebody else’s expense. The good news is, your wins do not contribute to someone else’s losses.
To understand this concept, you have to understand money:
Money has no value in and of itself. Whenever we make a purchase, we are buying something that we value more than the money we pay for it. So, the person who is buying the stock that you’re selling values the stock more than they value the money they’re paying for it. So in essence, they’re getting value when they buy that stock, and they’re buying it because they believe that the stock is going to go up in value. They might be right. Just because you are selling doesn’t mean the stock is going to crash and the next person is going to lose.
To further understand, you have to understand the market:
The person at the other end of your transaction is not just some random individual who is out there trading stocks. It’s an individual who works for the major exchanges, like New York Stock Exchange or the NASDAQ or AMEX. They’re called a ‘market maker’, and when they buy your stock, they get to turn around and sell that stock for a profit to someone else who wants the stock. So, you can’t even hurt the person who is on the other end of your transaction. He will make a profit every time.
Your wins do not equate to someone else’s losses.
