Do You Think Trading is Gambling?

[SCI new york]

Quote from nyustudent:

Oh, I believe that you've grown tired of talking about this, but its because you're probably starting to finally realize how you continue to contradict yourself over and over again. On one hand you say that no matter what is said in regards to trading being gambling its an opinion and it can neither be proven nor disproven, and then you immediately follow it up with a blanket statement like "trading is gambling, thats that, and you can either believe it or not." But how can this be true? According to you who knows so much there are no facts in regards to this subject, only opinions that can't be proven or disproven. Or is that only when its convenient for you and your pathetically constructed arguments?

I've noticed that a lot of other users have consistently asked you for information, links, definitions, and sources to help support some of these arguments. I have also noticed that even though many users on the other side of the argument have properly documented their arguments, you conveniently never post anything. Could it be because there is no credible source out there for you to reference?

And I may just be some lowly college student working on my masters who isn't as good at pretending to be a trader as you are, but at least I can spell simple 3rd grade vocabulary words like "believe" properly. I would tell you that I learned in school that "belive" is actually not a word, but I don't think you'd "believe" me about that either. Just out of curiosity where were you when they taught "I before E except after C" in grade school? Let me guess, you were busy pretending to be a trader?

Bottom line is you're either a hack or you're a fraud. You're just making up nonsense and probably had no right even posting on this thread in the first place. But you did, it was a mistake, and now you've got to try to figure out a way to save face without having to admit you were wrong. But unfortunately, in this case, you're worse than wrong -- you're a hypocrite talking out of both sides of your mouth. So good, bow out now and be gone. Me, a lowly college student working on his masters, who has never traded a day in his life, has more right posting on this thread than you do anyways. You've been in over your head for a while now -- or do you spell it "hed" ?

LOL
I love how serious you are. It makes your bullshit even funnier. And you are definitely a lowly college student. You have a chip on your shoulder on a trading forum when you know nothing about trading. If you bother to read through all of the posts on this thread I would like you to show me any FACTS regarding trading to gambling. Nothing shown has been a pure fact. Do you know what a fact is college boy?
I guess the new generation of telephone tough guy is on the computer.
or rather, telafone tuff guy.
I've traded more in assets than you've had to pay in tuition, so don't talk to me about trading when you have never been on a trading floor or worked a trading desk. You don't even know what a clearing firm does. So do everyone a favor, turn off your monitor and read a book on biology and go to a forum and argue the theory of evolution and mumble your horeshit conclusions over there.
I said trading is gambling. If you don't think it's true, I'm not putting a gun to your head. I think the argument is pathetically weak on your side tying to disprove that and no links or bullshit on this thread has proven it either. I don't know what your reading, but you have yet to cite facts as well, just moronic arguments and a few college words you just learned and felt like trying out with some adults. Have fun doing nothing with your NYU education and even more fun losing your money in stocks.

 

[ymiyake]

everything in life is gambling.. weighing the risk and return on any decision you make. just trading gives you option to make strategic decisions that give you better probability over than simply red or black. understand how human emotion applies to the equity markets should give you an edge over the person next to you.

 

[Jachyra]

Quote from SCI new york:

LOL
I love how serious you are. It makes your bullshit even funnier. And you are definitely a lowly college student. You have a chip on your shoulder on a trading forum when you know nothing about trading. If you bother to read through all of the posts on this thread I would like you to show me any FACTS regarding trading to gambling. Nothing shown has been a pure fact. Do you know what a fact is college boy?
I guess the new generation of telephone tough guy is on the computer.
or rather, telafone tuff guy.
I've traded more in assets than you've had to pay in tuition, so don't talk to me about trading when you have never been on a trading floor or worked a trading desk. You don't even know what a clearing firm does. So do everyone a favor, turn off your monitor and read a book on biology and go to a forum and argue the theory of evolution and mumble your horeshit conclusions over there.
I said trading is gambling. If you don't think it's true, I'm not putting a gun to your head. I think the argument is pathetically weak on your side tying to disprove that and no links or bullshit on this thread has proven it either. I don't know what your reading, but you have yet to cite facts as well, just moronic arguments and a few college words you just learned and felt like trying out with some adults. Have fun doing nothing with your NYU education and even more fun losing your money in stocks.

That was a pretty weak comeback. I think college boy wins round 1.

And I kinda think he's onto something. You really don't sound much like a real trader to me either. Although you are very good at being rude.

 

[ivanbaj]

Chatting on ET is like being in a bar during spring break in New Orleans without the benefit of booze and boob flashing. Just noise and few reasonable voices that a tough to hear.

 

[SCI new york]

Quote from Jachyra:

That was a pretty weak comeback. I think college boy wins round 1.

And I kinda think he's onto something. You really don't sound much like a real trader to me either. Although you are very good at being rude.

It wasn't meant to be a comeback. I'm not here to scuffle with a kid about something he doesn't know about. From your posts you sound like you don't know shit either. I could care less if you think I am a real trader or not. You have no bearing on my business. I don't know you, you don't work at my firm and you don't sound like much of a trader yourself. But that really makes no difference. Your credentials mean nothing to me as I'm sure I wont make a difference in your life either. This thread has turned into nonsense led by a kid who is barely qualified to drink a beer let alone talk about trading and the psychology behind it.

 

[kinggyppo]

Quote from ivanbaj:

Chatting on ET is like being in a bar during spring break in New Orleans without the benefit of booze and boob flashing. Just noise and few reasonable voices that a tough to hear.

http://www.metacafe.com/watch/468118/mardi_gras_extravaganza_fierita_funny_reporter_proper/

 

[BSAM]

Quote from SCI new york:

LOL
I love how serious you are. It makes your bullshit even funnier. And you are definitely a lowly college student. You have a chip on your shoulder on a trading forum when you know nothing about trading. If you bother to read through all of the posts on this thread I would like you to show me any FACTS regarding trading to gambling. Nothing shown has been a pure fact. Do you know what a fact is college boy?
I guess the new generation of telephone tough guy is on the computer.
or rather, telafone tuff guy.
I've traded more in assets than you've had to pay in tuition, so don't talk to me about trading when you have never been on a trading floor or worked a trading desk. You don't even know what a clearing firm does. So do everyone a favor, turn off your monitor and read a book on biology and go to a forum and argue the theory of evolution and mumble your horeshit conclusions over there.
I said trading is gambling. If you don't think it's true, I'm not putting a gun to your head. I think the argument is pathetically weak on your side tying to disprove that and no links or bullshit on this thread has proven it either. I don't know what your reading, but you have yet to cite facts as well, just moronic arguments and a few college words you just learned and felt like trying out with some adults. Have fun doing nothing with your NYU education and even more fun losing your money in stocks.

(Speee--SCI, you're wasting your time. I'm even surprised at the lengths you've gone to here. Thanks for posting, anyway. Perhaps you've done some good for those who can think/listen.)

 

[JSSPMK]

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?

 

[Pekelo]

Quote from JSSPMK:

gambling is trading (just because the outcome is uncertain) is like saying making love is the same as jerking off

Jerking off is making love to someone whom you love, so yes, in a Woody Allen-ish way, the analogy is perfect..

P.S.: Just not the way you intended.

P.S.S.: Again, if you don't know what you are doing, it is gambling, if you can put more probability consistently on your side, it is a skill.

 

[ElCubano]

Quote from JSSPMK:

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?

step away from the computer....