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: .
Of course it is gambling, because everyone tells me it is. A few clicks, shuffle some money around. What cash you don't keep goes to money heaven.
 
limitdown,

Who designated you to be the spokeperson "for the rest of us traders"?

As far as my job and how I spend my time.... well lets just say that perhaps I have more time on my hands than you for whatever reason that may be. But I would really not judge that by the number of posts in a Forum...

This thread is asking for your vote...all it ever has asked for is your vote...now if you feel you need to justify your "poison" that is up to you...

what say you? Have you voted?

ES

P.S. You do not even realize the amount of time I spend to keep these threads spam-free...but oh no! that would mean a "Thank You"

Quote from limitdown:

its interesting that in 2005, when you started this thread you were at, or perhaps are at, now, 13111 posts to these threads

perhaps your answer, based on being one of the highest and most frequent commentators on these threads would answer this question

one thing is certain, I would like a job like yours that allows me as much time to be so concerned about these threads, as to comment so frequently,

perhaps there is revenue from such frequent commenting,
or perhaps you have so much to contribute that we are really privilidged to have such a wise person amongst us.

mean time, the rest of us traders are laughing at the notion of justifying to some tight wads, whether taking risk in business is gambling, and being in a very high risk business is gambling, and working amongst others in this very high risk business is gambling,

or not.
More...
 
Quote from Jackshark:

The new wave in retail trading seems to be these binary option platforms like this http://tinyurl.com/70-hourly claiming to make 70% in an hour for guessing direction. Seems like anyone could do this with a tiny investment. what am i missing or is this some kind of scam? One thing is for sure, it does seem like gambling.
More...

<b> If trading wasn't gambling, then everyone would trade these binaries</B> all you need is to be right by one tick!

What I don't get is why doesn't everyone trade these binaries? either at the above link or another dealer.... all one needs to do is guess the direction for 10 minutes to an hour later and earn 70%---- surely the market wizards on elite could do this easily, how hard could it be to call a ONE TICK move in your favor?

Think about how much gambling trading really is, if you cant do the simple task of calling the market 10 minutes to an hour out.

my vote is for gamble.
 
the question is too general

it depends
gambling is gambling
trading is trading
two different words

you could gamble at trading and some of us do
and you could trade as a business

can you trade at gambling?
is card counting gambling?

marc
 
Quote from mcgene4xpro:

This is the exact definition of gambling :)

Based on that, i am saying trading IS NOT GAMBLING
More...

Awesome.

Someone quoted me from something like 7 years ago!

Holy shit, ES - you are still around eh?
 
Well, the rules of trading might be the same over time, but the game keeps changing, enough to drag new fools into the game that act in predictable manners over the long haul. In the short term, the crowd wins and loses together. In the long term, the lone trader is the victor.
 
Quah.

Good to post with you again...I consider you a remembered friend...

Keep in Touch.

ES




Quote from Quah:

Awesome.

Someone quoted me from something like 7 years ago!

Holy shit, ES - you are still around eh?
More...
 
Folks,

This is the longest running poll on the first and foremost trading thread Forum on the internet.

I hope you realize you are archived in History in the making...vote true but vote..

Thank you.

ES
 
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