Automated Trading Is Gambling

[fordewind]

The thread is not closed since no one proved yet AUTOMATED trading isn`t gambling.Please, consult the topic of the stinky thread.

 

[digitalnomad]

Most traders are clueless on how to measure/calculate expectancy and they are gamblers . Skilled quants are the best traders in the world , the most successful fund on the planet in last 30 years is 100% mathematical . A lot of whats in this thread is dribble . Saying it cant be done is expressing your limitations not mine

Brilliant post. Couldn’t agree more. People are generally just clueless, and either too dumb or lazy to measure anything.

 

[fordewind]

Brilliant 100% automated quants have negative months, even years, geniuses.

 

[digitalnomad]

The thread is not closed since no one proved yet AUTOMATED trading isn`t gambling.Please, consult the topic of the stinky thread.

Definitely 100% gambling, with caveat being that money flows from players who lack control, to those who have control.

 

[digitalnomad]

Brilliant 100% automated quants have negative months, even years, geniuses.

Most do, but it’s not 100%. A few algo/quant operations are really raking it in.

 

[fordewind]

Definitely 100% gambling, with caveat being that money flows from players who lack control, to those who have control.

Those who have control also gambling.Something tells me that those few utilizing some sort of game/gambling theories.That`s the point of the thread.

 

[digitalnomad]

Agree to agree then

 

[themickey]

I'm a gambling addict, love plotting for my next gambling trade.

 

[maxinger]

Nothing wrong with that as long as you earn money.

Also nothing wrong with gambling if your intention is to have some funs

 

[Q.E.D.]

So i found that the variables and variances should be gambling.Interesting to hear from those who found the same.

Most on this thread don't make the difference between gambling and trading. The two basic distinctions:
1. Trading / speculating, involves applying logic, thought, etc, while gambling is essentially random;
2. In speculating, there is a risk created by nature of the asset class --i.e., reality (stocks, commodities, real estate, etc.,) Gambling has no inherent risk. It is a game, that on balance, has no impact on real world.