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I choose to believe definitions #1 and #2, because they are most consistent with both my personal belief and the two other dictionaries I double checked it against here at home. They clearly state that the results need to be dictated by chance -- and markets are governed by supply and demand...

Of course I wouldn't because that would be gambling.

If you think casino's gamble, then there really isn't much I, or anyone here on ET can say to change your mind. I would suggest you go pick yourself up a good book this subject (of which there are many), but based on your previous comments, it seems like you wouldn't believe anything you read...

Both of these questions are irrelevant. A casino has no idea which bets they cover are going to be winners or losers, but that doesn't mean they're gambling. It only matters that after they make thousands of bets whether they win or lose. I've said it before and I'll say it agin, if you have...

My personal opinion, and the strategy that I implement, is full fault tolerance and redundancy. Any combination of the following can happen at any moment while you're in the middle of a trade: * You could lose your internet connection * Your computer hard drive or power supply could...

Shorting against the box only allows you to (1) sometimes sidestep the uptick rule and (2) take advantage of of the tax law if you hold one side of the trade long enough for it to qualify for long term capital gains, as you pointed out. If that was the reason for doing it in the OP's post...

It's actually impossible to be both long and short at the same time. If your net position, across all accounts, is greater than 0 then you're long. If your net position, across all accounts, is less than 0 then you're short. Being long 100 shares in one account, and selling short 100 shares...

Just because an individual can't identify an edge does not mean that one doesn't exist. Conversely, just because an individual thinks he's accurately identified an edge does not validate the existence of one. An edge will exist or not exist independent of what an individual may or may not...

Under this logic, if you took a bet where you were guaranteed to win $1 80% of the time and lose $1 20% of the time.... you'd be gambling. Despite the fact that after 1000 bets, you'd have collected $800 in wins and paid out $200 in losses -- netting you $600 for every 1000 bets you made. Just...

Again, this comment is based on a misguided notion. Look at this scenario. If you and I were going to flip a coin for money, and you decided that you were always going to pick heads because heads was lucky for you... and unknown to either of us, as a prank, one of your friends substituted...

The title of the thread was "is trading gambling" not "can the average person trade without having to gamble" ... obviously there are those in the know and those that are not in the know and lots of people in between. Some are gambling, and some are not.

So the big question is whether or not we satisfied all the skeptics who were under the misguided notion that trading is gambling simply because it is possible, but not required, to gamble in trading.

So I guess you could say that if you wanted to play the odds, you'd switch to door #2... if you wanted to gamble you'd stay with door #1.

If anyone can find video of the entire congressional testimony from cspan it would be very much appreciated if you could post it a link. I honestly don't remember a time that I've ever described congressional testimony on CSPAN as absolutely AWESOME... but I thought it today was not only...

By buying insurance whenever the dealer is showing an Ace... but its not a very good bet.

Pretty much... all you need is your 1099 that your clearing firm provides you at the end of the year. Although, the same information is usually printed in the YTD column of each daily and monthly statement you get.

It would be virtually impossible for you to be able to sell the physical metals on the futures exchange. You have to be in the business of doing this, have millions of dollars, have a warehouse to deliver them, and also be approved in advanced by the exchange. You could sell the contracts...

I wonder how many people they had in their group to raise that kind of capital and how many people they have to split it between.

The key is that each week when you run the lottery, each possible winning combination/permutation has the exact same chance of being hit week in and week out. Its not necessarily required that each combination have the exact same odds of being hit (although I think it would hold true for the...

I believe that would be accurate. So for instance... if you're a trader that has a very very large trading account, and you want to make the market go up, you could conceivably just continue to buy at a set price or range of prices, and assuming that the laws of supply and demand are still in...