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: .
There goes that all inclusive word. Not all homeowners.
I built my home to live in not for resale.
I had just retired an it is planned to be my last home.
Been here 29 years.
Unfortunately here is in california. Doesn't deserve to be capitalized.
 
Quote from FuturesTrader71:

I see more similarities between poker and trading. They both require the same hard work, knowledge and discipline. How much hard work? Well.... that depends on how much you love it.
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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.
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Quote from forsalenyc:

it doesn't matter whether it's poker or trading. I'll win money period. I can't imagine well-disciplined traders losing money in poker....
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Scrolling down all the way through BT's Trader Questionnaire, it becomes obvious that inherent in their criteria are skill and discipline.
 
Well a professional gambler understands that to be consistently profitable, he needs to understand the odds and play when the odds are in his favor. Trading is the same way.
 
does a gambler know?

Es


Quote from EminiCoach:

Well a professional gambler understands that to be consistently profitable, he needs to understand the odds and play when the odds are in his favor. Trading is the same way.
More...
 
I was pissed off with fundamentals and technicals because it seemed nothing worked consistently.

Then one day starting from Oct 1, 2010 i started to maintain a journal of an Asian future market which i trade recording how the price behaved- Where it opened, where it hit high, where low, where it closed.

I started to understand, memorize and revise the journal every day and the neurons and synapses inside my brain have started to get hang of things.

Trading is 100% collective psychology. No single technical indicator can help to make profit consistently until and unless one does not read the collective psychology. Reading the markets correctly is imperative.

I have tracked 41 trading days in journal, revised every trading day hundred of times and i am able to understand why market behaves how it behaves.

I only need price to work on my trades.
 
kingfisher3210,

ahhhh...(after five years and 153 pages of posts with 79856 views).

...this is the question to you kingfisher3210: is Statistical Trading "not gambling"....Did you vote?

This is important.

Es


Quote from kingfisher3210:

I was pissed off with fundamentals and technicals because it seemed nothing worked consistently.

Then one day starting from Oct 1, 2010 i started to maintain a journal of an Asian future market which i trade recording how the price behaved- Where it opened, where it hit high, where low, where it closed.

I started to understand, memorize and revise the journal every day and the neurons and synapses inside my brain have started to get hang of things.

Trading is 100% collective psychology. No single technical indicator can help to make profit consistently until and unless one does not read the collective psychology. Reading the markets correctly is imperative.

I have tracked 41 trading days in journal, revised every trading day hundred of times and i am able to understand why market behaves how it behaves.

I only need price to work on my trades.
More...
 
Quote from ElectricSavant:

kingfisher3210,

ahhhh...(after five years and 153 pages of posts with 79856 views).

...this is the question to you kingfisher3210: is Statistical Trading "not gambling"....Did you vote?

This is important.

Es
More...

Yes i voted. It is not gambling.

Sorry boss to deviate from main topic.
 
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