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Another angle (SPX) <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2296775>

And if trading was gambling just because outcome could not be guaranteed (as no event in life ultimately can be guaranteed apart from death), that would make a bicycle a car :)

"...There is no such thing as an event being "due." An event is not more likely just because it has not happened for a long time. For example, many people mistakenly believe that if one color in roulette has won several times in a row then the other color is overdue and they should bet on it...

LC, I had another dream last night, my Grandad (not with us anymore) told me that where we are now is like 1918 & that they will buy them all out... Decipher at will :D http://en.wikipedia.org/wiki/1918

Like Don said: If you made money - good If you lost money - bad Money in the bank end of week - excellent Whether a trader considers to call trading gambling is a personal matter. Everybody knows that it is not widely accepted as gambling, because apart from similarities there are also...

great post

A primary objective of federal regulation of commodity futures trading in the United States is the elimination of market manipulation............................. But we all know that it goes on all the time. One of the reasons why some people assume trading to be gambling is because they...

I am more than certain that gambling house's lawyers have looked into definitions of the word gambling, wouldn't they benefit from officially being recognised as a gambling entity? Of course they would. But, it's not possible, therefore one can only conclude that there is something in definition...

In the UK gambling profits are free of capital gains, because majority simply can't win consistently enough, also losses can not be offset against tax bill. On the other hand providers do pay taxes on gains, which means they simply can not justify their activities as gambling.

ElCubano, I think Maestro answered a similar question, once you realise how to reverse the odds in your favour it stops being gambling, it becomes something else. Once a casino realises you are counting cards, you won't be getting any more free drinks :) Then try & tell them that you a pro...

Very good post. I believe this discussion has now reached its apex, because BSAM has said that he considers all business activities, because they carry uncertain outcomes, a gamble. You say tomato, I say tomA'to, know what I mean? To me gambling is gambling & trading is trading. Yes there are...

If trading is gambling, then gambling is trading?

Screw that, I had enough, I'm going to watch some porn

TY! Basically the word business is a synonym of the word gamble.

Last question If I may, bottom line as far as you are concerned any type of business activity that involves uncertain outcome is gambling?

Why do you keep beating the old drum about 1 trade, when OP's question refers to a line of events? Not a trade, but trading?

ssss, Monthly chart, double top/reaction low broken, double bottom/reaction high broken + TL broken in a very liquid market. Which professional entity has the ability to spoof that type of price action on regular basis assuming your stops do not rest within 'noise' range? A rough estimate...

Numbers beat forecast substantially

The fallacy of positive expectations is in your risk/reward, it's simply inappropriate, 1/1 is gambling (as far as I am concerned) Please don't get offended, but your posts indicate a lack of experience & knowledge. Again, I don't mean to offend.

Coin tossing trends have nothing to do with stock/commodity trends, there is simply no comparison, it's pointless to continue with them sort of comparisons. According to your logic, there are no certain outcomes in anything in life, so everything is a gamble. Support/Resistance, hello?!