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: .
Quote from walterjennings:

This is no logic or supporting evidence behind this statement. You are obviously only versed in directional bet day trading. There are many ways to trade in this economy.
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The logic is self evident and you cant refute it because you cant produce a risk free, chance free, impossible to lose way to make money through trading... or else everyone would be doing it :)
 
Maybe you do not know yet and YOUR trading is gambling :)


Quote from Trader28Lite:

The logic is self evident and you cant refute it because you cant produce a risk free, chance free, impossible to lose way to make money through trading... or else everyone would be doing it :)
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Quote from ElectricSavant:

The existence of trend disproves this....the market is not random...

so I put to you...am i better for knowing this/ or do I wait for the best time to calculate a "not gambling" approach? and fight off the gambling impulse...
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Thats probability and even if we took it to a subatomic level you would see there are no 100% calculations, quantum physicists hate it, but every now and then an electron will do something unpredictable... and thats the very nature of REALITY
 
Quote from ElectricSavant:

28,

When you get your zero line cross and your 5 minutes into the trade with some profit, and you get a stall...but your longer time fram says your good to go for more, but you get a stall.....so you put on another side with another Broker and you leave both open...

scenario...the price goes down and you grab a 10 minute profit on the short side...then it turns and the other side continued up...

Were you gambling? or using time and movement efficiently?
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Why do you need a second broker? The other way to express what you've done is just to close out your position, while "betting" that the market will retrace a little bit for you to re-enter. If it doesn't retrace, you're stuck with what you have. If it retraces completely and then some, you've given back your profit.

In other words, just because you're up a few hands at baccarat, and then starting placing bets on both Player and Dealer simultaneously, doesn't mean you've stopped gambling -- you could have stood up and left the table with your winnings for the same result. :)
 
you will say that is a basis to make it not, "not gambling"...weak...weak my friend...

In trading the sub-atomic would only cause a breakeven trade to occur...assuming you have an edge...


Quote from Trader28Lite:

Thats probability and even if we took it to a subatomic level you would see there are no 100% calculations, quantum physicists hate it but every now and then an electron will do something unpredictable... and thats the very nature of REALITY
More...
 
Quote from Trader28Lite:

The logic is self evident and you cant refute it because you cant produce a risk free, chance free, impossible to lose way to make money through trading... or else everyone would be doing it :)
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I thought I did produce a risk free example with the widgets.

And for future reference. absence of evidence is not evidence of absence... Rumsfeld :P Saying 'it doesn't exist because if it did everybody would be doing it' isn't a reasonable argument. btw. firms are doing it ;)

http://en.wikipedia.org/wiki/Argument_from_ignorance
 
Quote from walterjennings:

I thought I did produce a risk free example with the widgets.

And for future referance. Absense of evidence is not evidence of absence... Rumsfeld :P Saying 'it does'nt exist because if it did everybody would be doing it' isint a reasonable arguement. btw. firms are doing it ;)

http://en.wikipedia.org/wiki/Argument_from_ignorance
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No you didn't because the entire trading world would just widget the market to death if you could make money risk free... does not exist... hence gambling

ps: a reliance on the dictionary and wiki exposes a lack of confidence in your own opinions
 
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