When you win in "not gambling"...do you deserve it more, than when you win at gambling?
Is trading Gambling or not .."What say You" Vote here.
- Thread starter ElectricSavant
- Start date
How do gamblers pay the price?
When you trade and win you have in general more payout, because your positions are scalable, while when you bet in casino, you cannot add to the position - every time you start a new game/round.
dima
www.mmexplorer.com
so when you "add to"..."average down"....or "pyramid"...is this "not gambling" because it is a more current condition-based risk?
does the "market" distingish between your condition...your leverage....your entries....your geometric progression....or does it trade independently from you...assuming your size is average....
when you double down or split in blackjack...do you increase your probability...
when you increase betsize at roulette after each loss...do you buy time?
When you cross the street and only look one way is there a 50% risk that you will get hit?
does the "market" distingish between your condition...your leverage....your entries....your geometric progression....or does it trade independently from you...assuming your size is average....
when you double down or split in blackjack...do you increase your probability...
when you increase betsize at roulette after each loss...do you buy time?
When you cross the street and only look one way is there a 50% risk that you will get hit?
LOL.
On the side of a motorway with 5 lanes of 60mph traffic, 50% sounds about right (per side).
dima,
can you please remove the link you are advertising..thanks...
can you please remove the link you are advertising..thanks...
Well, the thing is, you have told everyone you pick up illegal aliens and transport them across the border in your car. This has been verified by experts that have computed the mileage and your odometer to and from Ciudad Juarez.
Now, my wife is an illegal alien. It's possible, not likely, but possible you will pick up a relative of hers (and mine) at some point. No matter. The thing is, I believe in what you are doing and the way you would spend the money I would loan you. Did I say loan? See, you have promised that you will not somehow spend or lose the money I have loaned to you without making it back with a profit. And if I ever want that money back, you would do your best to make sure the market can provide somebody who would at least buy it from me at what I paid for it, hopefully a little more for my financial generosity and trouble.
Perhaps you would buy it back from me yourself, so you don't have to get your mileage read by "those damned auditors," as you call them. Perhaps, I have loaned you more than 1%. Perhaps you told me I could be a backseat driver according to our contract, and that I do acually have a say in what you do.
And what if you have taken in loans that total more than 50% of your car? We all call you up, and you say that you went on an alien run, when you know damned well you went to Louisiana for Mardi Gras! The auditor added it up and found some beads in the backseat to prove it! So, we all get together on your front lawn, we talk to each other, and in the end we agree to break your door down, beat you up, take your car keys, drive the car away, and leave it to be used by some other slick retard that has absolutely no idea what a metaphor is either!
Exactly! So much for investing in your car! Jesus, I'll move my money into the future of someone else's car lot...I think that would be safer..
Now, my wife is an illegal alien. It's possible, not likely, but possible you will pick up a relative of hers (and mine) at some point. No matter. The thing is, I believe in what you are doing and the way you would spend the money I would loan you. Did I say loan? See, you have promised that you will not somehow spend or lose the money I have loaned to you without making it back with a profit. And if I ever want that money back, you would do your best to make sure the market can provide somebody who would at least buy it from me at what I paid for it, hopefully a little more for my financial generosity and trouble.
Perhaps you would buy it back from me yourself, so you don't have to get your mileage read by "those damned auditors," as you call them. Perhaps, I have loaned you more than 1%. Perhaps you told me I could be a backseat driver according to our contract, and that I do acually have a say in what you do.
And what if you have taken in loans that total more than 50% of your car? We all call you up, and you say that you went on an alien run, when you know damned well you went to Louisiana for Mardi Gras! The auditor added it up and found some beads in the backseat to prove it! So, we all get together on your front lawn, we talk to each other, and in the end we agree to break your door down, beat you up, take your car keys, drive the car away, and leave it to be used by some other slick retard that has absolutely no idea what a metaphor is either!
Exactly! So much for investing in your car! Jesus, I'll move my money into the future of someone else's car lot...I think that would be safer..
Quote from Don87109:
I'll sell you a 1% share of my car for 100 times par value with only a few caveats: You can't ride in it, you can't tell me what to do with it, and you can't share in any money I earn with it.
However, you are free to sell another sucker your share.
Okay it's not gambling, it's fraud
Don
ummm...ok...
The difference between chaos and probability is quantifiable and renders such a statement illogical. True, a set of conditions leading to any given probability may change, but while in place, such probabilities are there to exploit. How else do you explain 100% per month returns, trading only once per day? If my signal provider (smptradingsignals) relies on gambling for signals, wouldn't the success rate be 33%, since a price can only go up, down or sideways? I sure wouldn't be paying a premium for a 2/3 chance of throwing money out the car window!
Some card games are indeed scaleable. Poker is. Blackjack is. One can call and raise. One can double-down. After the trade is exited, you start over a new "round."