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: .
Hogan passed away. He regrettfully got pancreatitus and died a very painful death in intensive care at the Vet Emergency Clinic.

You can see Moses my new BoerBoel (South African Mastiff) on my blog.

ES

Here is Wikopedia's page on BoerBoels:
http://en.wikipedia.org/wiki/Boerboel

a truly amazing Guard Dog...
http://www.ukbc.co.uk/breeddescription.html

Quote from Scataphagos:

The similarity between counting cards in BJ and trading... is when you KNOW the odds are in your favor, you bet... or bet bigger than normal for you.

The results of "one hand" or "this trade" are irrelevant... unless you foolishly "go all in"... any INDIVIDUAL trade/play is random enough to bankrupt the player.

It's not a matter of "control".... it's a matter of "probability". When the deck is known to be "in your favor", you need to get the money out. When the market is known to be "in the favor of a particular play", you also need to get the money out. DISCIPLINE is doing so. KNOWLEDGE is knowing "when the market favors a particular resolution of a situation".

You've been trading a long time, Michael... surprised you're still confused by this issue. How's Hogan, BTW? :D
 
Quote from ElectricSavant:

Hogan passed away. He regrettfully got pancreatitus and died a very painful death in intensive care at the Vet Emergency Clinic.

You can see Moses my new BoerBoehl (African Mastiff) on my blog.

ES

Sorry to hear that... always sad to lose a pet. :(
 
Trading for me is taking a series of 50:50 shots, taking a 1R loss when wrong and taking a multiple R win at least some of the time when right.
 
Quote from ElectricSavant:

Hogan passed away. He regrettfully got pancreatitus and died a very painful death in intensive care at the Vet Emergency Clinic.

You can see Moses my new BoerBoel (South African Mastiff) on my blog.

ES

Here is Wikopedia's page on BoerBoels:
http://en.wikipedia.org/wiki/Boerboel

a truly amazing Guard Dog...
http://www.ukbc.co.uk/breeddescription.html

So sorry to hear about your dog, dogs are truly a "Gift from above."

Here's the best Trader I know (yep, that's his name).

TraderPuppy-1.jpg


Don
 
If it is 50:50 would you consider trading "not gambling"

Is roulette 'not gambling" ? Assuming no table limits and deep pockets does a skilled betting system make roulette "not gambling"?....

ES

P.S. Nice Dog Don :) ☺




Quote from candletrader:

Trading for me is taking a series of 50:50 shots, taking a 1R loss when wrong and taking a multiple R win at least some of the time when right.
 
Quote from Don Bright:

So sorry to hear about your dog, dogs are truly a "Gift from above."

Here's the best Trader I know (yep, that's his name).

TraderPuppy-1.jpg


Don

A Golden on a stuffed chair.... seen that before. I've got a Husky that has claimed a $3,000 massage chair as his own...
 

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