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 Thunderdog:

That interpretation is strictly your own. Look it up. As for your premise that gamblers, by definition, do not manage risk, are you suggesting that world class poker players are always just taking flyers?

You and Electric should consider a nice and safe investment in a dictionary. :D

As an aside, ES, you're just trying to get this thread to 100 pages, aren't you? :)
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well of course what i stated above is my opinion and nothing else. i simply used my own logic...although i don't think it is hard for anyone to see that, and i wouldn't consider world class poker players to be gamblers. again, although it is backed by a logic, this is entirely my opinion.
 
A professional gambler calculates probabilities and doesn't care if his next bet is a winner or a loser as long as it represents good value... sound familiar?
 
trading is certainly not gambling. I never gamble, and i certainly would not trade if i thought it was a gambling game. it's a gentlemans agreement, nothing more.
 
A gentlemans agreement to gamble

The best gamblers calculate probabilty and never bet unless the odds are in their favour... lets not get too precious about this thing we call trading, of course it's gambling... it's just that the better gamblers rely on probability and the worse gamblers rely on luck... and thats one lady that will always let you down
 
Quote from Dackster:

Gambling is when the odds are stacked against you, trading isn't like that.
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Where did you get that definition?

You'll have to let the 95% of traders that fail in this business know the odds are stacked in their favour....

I dont think they got the memo :)
 
Quote from Dackster:

if you want to trade when you're not sure that's up to you. i like to be sure.
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Nothing in life is sure, nothing is 100%... you can be reasonably sure of your results over time if you have become a pro but never on a single trade... toss a coin and tell me with 100% assurity if it will be heads or tails... you cant and you never will.... but we know we will get roughly 50 heads and 50 tails over a 100 tosses... thats trading... thats probability... and for the better punters... thats gambling

and ps: the market absolutely devours those who cant accept being wrong or take a loss
 
You see traders...their only argument is the sky is falling...trading can be "not gambling"...

Put away your dictionaries...


Quote from Trader28Lite:

Nothing in life is sure, nothing is 100%... you can be reasonably sure of your results over time if you have become a pro but never on a single trade... toss a coin and tell me with 100% assurity if it will be heads or tails... you cant and you never will.... but we know we will get roughly 50 heads and 50 tails over a 100 tosses... thats trading... thats probability... and for the better punters... thats gambling
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