Is trading Gambling or not .."What say You" Vote here.

Is Trading Gambling or not

  • Gambling

    Votes: 460 35.0%

  • Not Gambling

    Votes: 854 65.0%
  • Total voters
    1,314
  • This poll will close: .
HAHAHAHAHAHA:p

Look at this funny thread.

All the dumbasses who say its gambling, give me their money for free, because i know what i do and " I DO NOT GAMBLE" !!!

There is no fucking luck involved in the perfect Trading style.
If you are not perfect, you are a gambler and doomed to lose....

Its not playing poker.

Its betting on very high odds, while controlling the risk and you have controll over your money all the time, you can enter and exit all the time. The money is all the time yours, not like in poker........

Gambling my ass.......hahahahahahahaha:p

Its hard work about forecasting probabilites and managing the odds on these, while controlling the risk - and this - ALL THE TIME, as long you have an open position..............

Gambling my as........hahahahahahahahhaha

Plz, continue to gamble, suckers, i will take your money.

Thank you........

Be ready, the casino opens soon.............

hahahahahahaha........

:p :p :p

Best Regards,
your EliteGambler, HtR
:p :p :p
 
Take this clear view:

Most people gamble, because they are just stupid fucks, and they lose.........................on the long run...............

The few constant successfull players, do not gamble, they know what they do. They know what they can expect and what risk they have to controll. No luck involved. Just statistics and probabilities and smart money managment strategies.

As long people think they gamble, they will lose. This is the wrong mindset.
If you cant treath it like a business, with a little risk to manage, you are doomed to fail. (Every business, have risk involved, thats nothing special.)

Pro Trading Hardcore Master Style, is just a business, like everything else business. Just like starting a MC Donalds franchise, there you have risk, as well expected profits.
Same in trading. If you can not achieve a business plan, with high expections and low risk, you are a gambler and better go into the casino or play the lottery......

Gambling is for losers.
Winning trading is a business.

images
 
Quote from trader198:

definitely it is a gambling

after you bet, the winning or losing is not in your hand.just like throwing a coin, head up or tail up is not in your hand. no matter how hard you think or how hard you throw

simple enough,you bet long or short, how long, how much. after I realized this fact, I started to trade smarter and smarter,my equity curves tarts to climb. before I donot admit it is a gambling, I do averaging down, I hold on tight the more against me, the more tight I hold, even add more, since I think I am smart and I can control the results, no, end up I lose big

of course it can become an intelligent game,if you play some tricks or play some cheating, for example, let someone throw the coin, but you do not claim head up/down before the game, wait till you see the coin almost touches the ground, pay particular attention to the coin the moment it touches, the odd of you claim being right will be no more 50%/50%, slightly higher, in the long run,you outsmart it
More...

Bullshit..........

:eek: :eek: :eek:
 
Quote from ElectricSavant:

I think this thread is helpful to those traders that fool themselves into thinking that they have control over the markets.

This is the longest running poll/thread on this "Gambling or Not" subject on the internet.

Any questions?

ES
More...

I think, you belong to the gamblers section.

I think this thread is only for you, to convince yourself to stop trying to find a way to have control ???

Am i right ???

Just ask yourself this simple question, "What can i controll in trading ???" - and "what not" !!!

= There are more things you can controll, than not. Thats make it an easy game.............just think about the differencies in riskmanagment and positionmanagment between poker and trading.

Imagine you could play poker like you can trade, poker would be totally boring, nobody would like to play it anymore, nobody would lose anymore, using trailingstops, taking part profits, knowing the cards of the other players..................

Yeah, thats it.

Trading is like playing poker, while knowing the cards of the other players.

Because all informations are always in the price, you just must learn to read em.........

Good luck ES

:cool: :cool: :cool:
 
Quote from ElectricSavant:

HATEtheRisk...

Interesting handle you have there...

Please don't forget to vote.

ES
More...

Yeah, better read it again, and every morning, so that you can believe it, my friend, because i am telling you the truth.

I voted for not gambling.

But how i said it is both, because you have gamblers aka losers and winners aka pro traders.

So if it is gambling or a well predicted business, depends on the player and his/her knowledge and skills.............

but the question, What can i really controll in trading? Is the most important after all. Once you have found all answers, you must find a way, to really "do controll all this things", then it becomes an unbeatable business system without really risk, because this have been eliminated by statistics. Who cares if you lose 1 of 10 trades, while you lose 1 and always win at least 2 or more......
Also, if you would do make mistakes and do lose more than 1 of 10, you would still be very good in profits, because your minimum reward is always bigger than your risk.

But in reality, you do never lose all your risked money, you close the trade much much earlier, if it does not move perfect.

Timing is everything, when to enter is all what counts.
Price is acceptable in a special area, call it Entry Price level.
But when you get in is the most important, after that you are in profits, can take out the risk - and you are free of losing -
and you can exit how you feel.
Of course second import is to controll risk, with for example a trailingstop, manuall or in mind...
Third important is to time the exact best exit price and timepoint.
While to say that exit price as being fixed, with using a Limit Exit Order, is only good if you have a really good big profit and you want to take the money and be happy, while looking forward to the next trade.

Look for big moves, they are the best. Look to trade big pictures pattern, trade them on the much smaller pictures, to get an risk/reward rate of 1 : 8 or better, while having a 90% chance to have at least a 1 : 2 and not losing anything.

Go in and out with momentum, dont hold position which goes against you. Dont hope, react.

Good success

:cool: :cool: :cool:
 
HATEtheRisk,

I think you are misunderstanding this thread. Find within yourself your answers and please vote.

Thank you again...

Folks please do not forget to vote...Thanks for reading.

ES
 
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