so you are making the point that trading is as much gambling as having a full time job...... I think you missed the point of this thread. I think the creator was looking at trading in comparison to playing poker. Not crossing the street.
Is trading Gambling or not .."What say You" Vote here.
- Thread starter ElectricSavant
- Start date
so you are making the point that trading is as much gambling as having a full time job...... I think you missed the point of this thread. I think the creator was looking at trading in comparison to playing poker. Not crossing the street.
Well I am going to take a gamble and post this below.. my coffee can fall on my keyboard and I can get electrocuted...
Trading gives you the time you need to make it "not gambling".
Progressivley placing time on your side removes piece by piece anything opposite from Not Gambling
Trading gives you the time you need to make it "not gambling".
Progressivley placing time on your side removes piece by piece anything opposite from Not Gambling
The trader that does not accept risk, fully understand risk, manage risk... and blissfully believes he can trade without risk will never be successfull, accepting it is gambling is far healthier
Any trader who believes that trading is only gambling and does not own a dictionary and is not afraid to go outside....would be lieing to himself if it rendered him unable to seek a situation to where he was making a reasonable trade and was trading efficiently in a "not Gambling" way.
In the same way that viewing buying bread as a gamble is far healthier? I believe there is a proper name for that phobia. Which leads to constant anxiety and is most definately NOT healthy.
Don't worry yourself over the chance of something bad happening if it is not realistically possible. Ie. Widget trader. Or more obviously. Bread Trader.
But if the guy got the bread in the end anyways....would he still be healthier? did he gamble after he was out of the hospital and all was said and done?
what did he RISK? What was the OUTCOME
what did he RISK? What was the OUTCOME
If there was a way to make money through trading that involved no risk, no chance and no possible way to lose... there would be no market... hence it is gambling, always was gambling, always will be gambling... and the only difference is some are better at it than others because they KNOW THIS
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.
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...
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...