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 esc_trader:

The idea that trading is somehow not gambling is insane.

No certain outcome = gambling. Are you risking? Then you are gambling. Some would deny this - only because it makes a trading career less socially acceptable.

OK, so you have a + expectancy system, you are gambling with an edge. No moral judgements here, gambling with an edge is a wise thing to do, and very acceptable (Casinos, Insurance Companies...)

Surprising - traders calling it 'not gambling' considering that traders know more than anyone the thrill - that is as attractive to many as the $.
More...

I agree, with everything you just said. I believe ego and pride is what blinds people from the fact,

that;

Risk obligation and Risk NON- obligation are two entirely different things. As i've stated before. A job is required to pay you if you work those hours, even if they decide to fire you. You can lose everything and they arenot obligated to pay you for your long hours of trading.

Sure bet, or not, you're gambling. Safe gamblers are the ones who claim it isn't, like news traders for instance.
 
Mr. Electric ....I smile every time I see that this thread is still running and so popular, for so very many reasons.

But thanks for the daily smiles, LOL.

Don :D
 
HeHe...Mr Bright if I have not wished you a "Lucky" New Year yet...then I will do so now..:)

Have A prosperous New Year and may 2007 be yet another milestone in trading, EXCEEDED!

Michael B.



Quote from Don Bright:

Mr. Electric ....I smile every time I see that this thread is still running and so popular, for so very many reasons.

But thanks for the daily smiles, LOL.

Don :D
More...
 
Quote from ElectricSavant:

HeHe...Mr Bright if I have not wished you a "Lucky" New Year yet...then I will do so now..:)

Have A prosperous New Year and may 2007 be yet another milestone in trading, EXCEEDED!

Michael B.
More...

Happy New Year everyone!!

Don
 
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