Is trading Gambling or not .."What say You" Vote here.

[jokepie]

Quote from ElectricSavant:

Note the sample size .. (this is the longet running most extensive poll on the subject).

Have you voted?

ES

Yes I did vote.

 

[wst]

It's gambling because most things in business is gambling.

LT Investing - you make a bet that the company will continue to make money in the future.

Running a business - you make a bet that your potential customers will buy your product instead of your competitors product.

 

[ElectricSavant]

What is a sure thing then?

Quote from wst:

It's gambling because most things in business is gambling.

LT Investing - you make a bet that the company will continue to make money in the future.

Running a business - you make a bet that your potential customers will buy your product instead of your competitors product.

 

[heypa]

There are two things that are sure things. Death and taxes.

 

[ElectricSavant]

Then why do some people gamble with these?

Quote from heypa:

There are two things that are sure things. Death and taxes.

 

[heypa]

Some think that death is not the end and some think they can successfully avoid the tax man.
Hope springs eternal.

 

[ElectricSavant]

Is hope and/or spritual belief "not gambling" ?

Quote from heypa:

Some think that death is not the end and some think they can successfully avoid the tax man.
Hope springs eternal.

 

[heypa]

For the believers it's a certainty.

 

[wave]

Trading is a professional business. Just ignore the ignorant.

Trading: Algos, Valuation formulas, etc
Games of Chance: Roullete, Slot machines
Skill Games: Poker, Bingo, Blackjack
Financial Betting: Binary Options, Spread Betting, Fantasy Games

 

[wave]

Quote from wst:

It's gambling because most things in business is gambling.

LT Investing - you make a bet that the company will continue to make money in the future.

Running a business - you make a bet that your potential customers will buy your product instead of your competitors product.

Then all homeowners are gamblers as well. They fool themselves into thinking it's an investment. A home is a consumption item and you're betting it might rise in price as well.