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  1. J

    Do You Think Trading is Gambling?

    If you follow a trend on a monthly chart, providing one knows what a trend is, & you set stops above/below reaction levels, how would that effect the stats? :) It's all about a learning curve, l would imagine lots of retail market participants have no idea how to follow a longer term trend...
  2. J

    Do You Think Trading is Gambling?

    Have you considered that all things in life, apart from death, are uncertain. Even though all the things have uncertain outcomes we use different words to describe those activities, we don't call a marriage a gamble, lots of similarities, yet we don't do that. The ones that do, shouldn't be...
  3. J

    Do You Think Trading is Gambling?

    How about this angle: BSAM & ElCubano camp - you say trading is gambling because in both cases outcome is uncertain. Fair enough. But. If I buy 1 share I own something tangible, if I make a bet on the other hand all I have is an agreement that a winner shall collect a loser's stake...
  4. J

    Do You Think Trading is Gambling?

    Really?
  5. J

    Do You Think Trading is Gambling?

    If you saw one of my previous posts (re: - analogy), then you would know that I have 0 interest in your penis :)
  6. J

    Do You Think Trading is Gambling?

    Jachyra, now you are wasting time, they don't want to understand what you are saying, they just want to go on making love to their penis
  7. J

    Do You Think Trading is Gambling?

    He doesn't, didn't you read that book?
  8. J

    Do You Think Trading is Gambling?

    No, we just read stuff on ET :)
  9. J

    Do You Think Trading is Gambling?

    tomato is a fruit, perhaps we should start a poll? :)
  10. J

    Madoff Outrage: Whistleblower Testimony Rips SEC

    Not better or worse, but perhaps as bad as. Read this please: http://www.investmentrarities.com/12-08-08.html
  11. J

    Madoff Outrage: Whistleblower Testimony Rips SEC

    SEC ought to be seced for failure to do their job, same goes for CFTC who are currently turning a blind eye to manipulative actions on Comex, when that scheme blows up they will once again say they couldn't identify manipulative actions blah di blah
  12. J

    Do You Think Trading is Gambling?

    Well if Don Bright is a moron (as you suggested), then I will quite happily join his ranks. 1. Trading is not officially accepted to be gambling; 2. Majority voted in favour of 'not gambling' 3. Trading is not mentioned anywhere as a gambling activity; 4. Don Bright said it ain't :p; 5...
  13. J

    Gold at $500 per ounce

    ImPO what they found is not as relevant as a probability of USD doing a Humpty Dumpty, if it does Gold will slice through 950 as knife through butter.
  14. J

    Gold at $500 per ounce

    I fail to see why gold is expected to go to $500 when there are so many problems with financials, stock markets & real estate market. Where else would you park your cash when there is so much pessimism present. If some are seeing technical reasons for a drop to $500 then fair enough, but...
  15. J

    ES Journal Archive (2009 - 2010)

    Waiting for the Lo to break is a very good strategy ImPO, just look at this monthly chart. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2287491>
  16. J

    Do You Think Trading is Gambling?

    A rather rude example if I may, saying gambling is trading (just because the outcome is uncertain) is like saying making love is the same as jerking off because you get the same sensation inside your penis therefore anyone having sex is jerking off or jerking off is making love to your own penis?
  17. J

    Do You Think Trading is Gambling?

    You are twisting words now. It's simple, in trading it is possible to eliminate risk of a loss, in gambling games it's impossible to achieve.
  18. J

    Do You Think Trading is Gambling?

    No risk=not a gamble, obviously not a lucrative proposition, though I believe I just proved that trading is not gambling, though it can be. Hopefully, you know which type of a trade I am referring to.
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