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: .
like poker, it always has an element of randomness to it as well as skill -- it's your ability to recognize & trade high-probability setups & use correct stops/position sizing that makes it more skill than gambling; trading is capitalizing on slight edges
 
Can one be skillfull at Gambling?

like poker, it always has an element of randomness to it as well as skill -- it's your ability to recognize & trade high-probability setups & use correct stops/position sizing that makes it more skill than gambling; trading is capitalizing on slight edges
 
sure re skillful; I played thousands of hands of blackjack using andy bloch's brilliant basic strategy (mit bj team) in vegas for years before moving to hold 'em; but since the house has an edge, you still lose, though much more slowly. unless you join a counting team pre-shufflemaster, old days
 
ahhh...back in the day

I bought "The Worlds Greatest Blackjack Book" (Lance Humble Ph.D. & Carl Cooper Ph.D.) & Playing BlackJack as a Business (Lawrence Revere) and got myself warned by a dealer at Caesar's to remember the "eye in the sky". I got those books somewhere on my bookshelf...ahhh those were the days. Don't you hate it when people borrow books from you and do not return them!

I decided to give it up.

Vote now. What Say you?

Es
 
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Really... It is like asking on an Irish forum: Are Irishmen smart?

What do you think, the result would be?


The results (so far) are displayed on p1, if you've voted. It currently stands at 65.2% "Not gambling", after 14 years of voting.

Jeez, even Brexit didn't take that long.
 
I think the results are pretty decisive.
Yes, decisive like trading. When you place a trade you know the result beforehand.
Trading is a foregone conclusion of winning, that's why it's not gambling.
ET'ers predominantly know trading is not gambling, we are all rich, elite, FOS.
 
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