Is it trading or gambling?

[bobcathy1]

LMAO

 

[cheeks]

Quote from vladiator:



I think that both in trading and with the opposite sex the real gains come with a longer outlook... Ideally some would like to have (a) long term investment(s) and do some daytrading on the side ha? That may interfere with the performance of the buy-n-hold strategy though.

Yes. I do know many with this buy-n-hold/trade on the side strategy. The problem with this strategy is, when it goes wrong, it can result in huge account drawdowns........

 

[vladiator]

Quote from cheeks:




Yes. I do know many with this buy-n-hold/trade on the side strategy. The problem with this strategy is, when it goes wrong, it can result in huge account drawdowns........

No kidding LOL. The buy-n-hold guys save a bundle on commissions though

 

[cheeks]

LMAO......

 

[Breakout]

Quote from vladiator:

Quote from Breakout:

b : to bet on an uncertain outcome

Actually, gambling has a certain outcome. It's been mathematically proven the house will win.

There is a difference between the expected outcome and the realized one In terms of the former, yes the house will win. In terms of the latter, you might too. Hence - the outcome is <b>uncertain</b>

That's what I meant...