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 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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Wouldn't that depend on the time scale you're trading? If someone is prepared to wait long enough they will eventually make money from a trade.

For example buy $/Yen, wait as long as it takes (provided you have sufficient funds for the potential drawdown), earn interest on the trade in the interim, and eventually close it in profit.

Risk free, chance free, impossible to lose?
 
Quote from MickMason:

Wouldn't that depend on the time scale you're trading? If someone is prepared to wait long enough they will eventually make money from a trade.

For example buy $/Yen, wait as long as it takes (provided you have sufficient funds for the potential drawdown), earn interest on the trade in the interim, and eventually close it in profit.

Risk free, chance free, impossible to lose?
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Nope, Japan is situated on the edge of a sea cliff and one of the most active fault lines in the world ( I lived their for 2 years)... wouldn't want to be holding Yen if it slipped over the edge or Godzilla attacked
 
Quote from Trader28Lite:

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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ps??? you're kidding right? you sound like cobert.

widget the market to death? what? balancing the market does not kill the market. And using actual supporting evidence like 'dictionaries' and 'wikipedias' not only shows my confidence with my arguement. it shows the generally accepted view in line with my arguement.
 
here...

count the number of pips down to zero....use a dealer that allows 1 unit increments....

then

go long and short at the same time...take 10 pip profits on each side with that "infinity proof bet size" on automation..

do not visit the platform for 10 years...

now some will say the dealer can go bankrupt...thus you gambled....crap...do not trade at all then....


Quote from MickMason:

Wouldn't that depend on the time scale you're trading? If someone is prepared to wait long enough they will eventually make money from a trade.

For example buy $/Yen, wait as long as it takes (provided you have sufficient funds for the potential drawdown), earn interest on the trade in the interim, and eventually close it in profit.

Risk free, chance free, impossible to lose?
More...
 
Quote from walterjennings:

widget the market to death? what? balancing the market does not kill the market. And using actual supporting evidence like 'dictionaries' and 'wikipedias' not only shows my confidence with my arguement. it shows the generally accepted view in line with my arguement.
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Well you must be a millionaire by now because you have found a way to make money with no risk and no chance of losing... one wonders what a millionaire is doing chatting here when there are so many supermodels on so many yachts waiting to be entertained by so many widget millionaires :)
 
Quote from Trader28Lite:

Well you must be a millionaire by now because you have found a way to make money with no risk and no chance of losing... one wonders what a millionaire is doing chatting here when there are so many supermodels on so many yachts waiting to be entertained by so many widget millionaires :)
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Hey just because it exists does'nt mean trades like that happen often. Plus I only have a little bit of capital right now, not enough to buy the seats on the exchanges required to compete doing this against big firms.
 
Quote from walterjennings:

Hey just because it exists does'nt mean trades like that happen often. Plus I only have a little bit of capital right now, not enough to buy the seats on the exchanges required to compete doing this against big firms.
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Ahhh so the variables of life get in the way... damn that gambling god

It seems god does play dice with the universe... poor old Albert
 
Quote from Trader28Lite:

Ahhh so the variables of life get in the way... damn that gambling god
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variables of life? sounds like a bad infomercial. frequency of opportunities obviously effects scaling of profitability. as with every known business on this planet.

and there is no god. there is only a flying spaghetti monster. and he does'nt gamble. there is no such thing as random or free will. everything is based on physical laws. and if we knew these physical laws and could understand the current state of the universe we could know absolutely everything that will ever happen in the future.

hense we would never get hit by the truck. risk is an illusion. everything that happens is based on the physical laws and the current state.
 
Quote from walterjennings:

variables of life? sounds like a bad infomercial. frequency of opportunities obviously effects scaling of profitability. as with every known business on this planet.

and there is no god. there is only a flying spaghetti monster. and he does'nt gamble.
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So your example kind of died from the realities of life... oh well back to gambling until you find a practical one

and the absolute (god) can be more accurately called existence and the universe an expression of it's burgeoning (but paradoxically timeless) awareness
 
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