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  1. M

    Pictures of your trading stations

    I suppose there's an adjustment period, but I'm sure I wouldn't be productive with that many. It reminds me of poker, where most played 1-4 tables, the pros usually at least 6, and some of us 12+ (I could do 14 decently). It was like a penis measuring contest. One guy at the time pushed it to...
  2. M

    Oz Bushfires kill 35-"towns cease to exist"

    It's just a freak situation where populated areas didn't have any advance warning of a rapidly moving and intense fire.
  3. M

    parallels b/w poker & trading

    There are overlapping skillsets, but that is true for any type of positive expectation wagering-type situation. As always, there is the consistent requirement for sensible capital management (bankroll management). There is the need to identify +ev situations, taking advantage and pass if...
  4. M

    Stochastics and MACD Histogram for daytrading?

    It just sounds like you're placing too much significance in them. I use them for information, but I don't base my trades around them. Most of the time they're simply confirmation that my analysis is decent.
  5. M

    Pictures of your trading stations

    48 charts is nuts on one monitor is nuts :p. I'd feel comfortable with maybe 16 max. Although I prefer just to have a few forex graphs. It's quite funny really, some of us having dozens of graphs open while others have just a few, if any.
  6. M

    Do You Think Trading is Gambling?

    I've debated over the definition in this thread, and I'm pretty sure it was with Jachyra. The funny thing is somehow it switched from 'gambling' to 'chance', when I said 'chance' is always a factor. The fact is that any credible dictionary has at least one definiton as this: to place a wager...
  7. M

    Do You Think Trading is Gambling?

    Jachyra is just debating the definition of the term 'gambling'. He doesn't consider +ev bets (whether casino or markets) to be gambling, he only considers -ev and uninformed bets to be gambling. Correct Jachyra?
  8. M

    The 10,000 hour rule

    While it may be true for many successful traders, people have vastly different skills and levels of skill, and some will learn much quicker than others.
  9. M

    america the softie

    I'm not worried. Sounds like the school I went to, and most there wouldn't know their hands from their arse when it comes to trading or business in general. The fact is that most sharp people will succeed either way, and the rest will be working for them.
  10. M

    The 10,000 hour rule

    It's silly to make such a generalisation. People learn at highly variable rates. Take poker for example, some people are immediately profitable, while others take months or perhaps never become profitable. I'd consider the same for trading - despite what others may think, I believe some can...
  11. M

    It's the end of the world as we know it

    It's always the end of the world, yet the sun remains to rise every morning.
  12. M

    Pictures of your trading stations

    True, but it's easy to get distracted. Well, it's a Sunday morning :p. That was a pretty ordinary sunset, it's usually pretty awesome with some clouds:
  13. M

    Pictures of your trading stations

    Thanks, it's part of Sydney harbour.
  14. M

    Pictures of your trading stations

    Sun just rose in Sydney. Just the two screens at the moment, a third died recently and will be replaced.
  15. M

    Six Monitor Setup

    No more than 1440x900. 22-23 inch screens are a good option, being either 1680x1050 or 1920x1050. I wouldn't want 4 charts on less than 1680x1050, but I suppose it depends on what you keep on the charts.
  16. M

    Do You Think Trading is Gambling?

    You could simply look up the definition yourself on google. You're missing the point. Chance can be considered to be the randomness of the distribution of results. Perhaps you don't like the term 'chance', and would prefer to just call it variance or random distribution. Either way, variance...
  17. M

    The Entwined History of Trading and Smut

    1. Frustration must be relieved. 2. Who pays for porn? No wonder the economy is in such a mess (for most).
  18. M

    Bankers girlfriends Anonymous

    It would depend on individual tastes. Manhattan is the best for one type of person, while another city is better for others. I imagine NYC would be to crowded and bustling for my taste, and the other people from Sydney that I know have been to NYC have felt the same. On the other hand, someone...
  19. M

    Do You Think Trading is Gambling?

    You're just choosing the definition which suits your argument. Chance can refer to randomness, predictability, probability etc. It's a much less specific word than 'gamble'. When dealing with the various outcome of events, chance just refers to the randomness of the outcome. I can state that...
  20. M

    Do You Think Trading is Gambling?

    But Jachyra, chance is a factor in all trades, apart from those that lock in a profit without risk ever existing (e.g. a true arbitrage). As for the definition of chance, it just means that there is no certain outcome.
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