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: .
Given the asymetrical information of the financial markets, trading is clearly gambling for EVERYONE without true structural edge or informational advantage.

It's interesting that those worse suited for trading are the ones drawn to it in the strongest way. Funny how the market works.


Size has absolutely nothing to do with it being gambling or not.


surf
 
Quote from emg:

Banks no longer hire prop traders. They hire a prop firm to minimize the risk. It takes 1 prop trader to bring down a firm. Look at nick leeson, he bankrupted baring bank.
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Soros brought down the Bank of England. so what?
 
Quote from marketsurfer:

Given the asymetrical information of the financial markets, trading is clearly gambling for EVERYONE without true structural edge or informational advantage.

It's interesting that those worse suited for trading are the ones drawn to it in the strongest way. Funny how the market works.


Size has absolutely nothing to do with it being gambling or not.


surf
More...


If ones know how to trade conservative. u don't hear those successful big traders or firms in the media. They like to keep it private.

Those big successful traders do not have the personality to brag others how successful they are. They like to remain private. Nothing is wrong with that. Perhaps, part of the reason why they like to remain quiet because more than 90% of losers will irritate them or caused distraction. Who knows
 
Quote from marketsurfer:

Soros brought down the Bank of England. so what?
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soros have his own way of making money by bribing politicians and hire insiders.
 
Quote from emg:

If ones know how to trade conservative. u don't hear those successful big traders or firms in the media. They like to keep it private.

Those big successful traders do not have the personality to brag others how successful they are. They like to remain private. Nothing is wrong with that. Perhaps, part of the reason why they like to remain quiet because more than 90% of losers will irritate them or caused distraction. Who knows
More...

Another thing, most big successful traders do not like to share. Perhaps they are not liberal but a conservative.

And, more than 90% losers demand they share!
 
Quote from emg:

Another thing, most big successful traders do not like to share. Perhaps they are not liberal but a conservative.

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Obviously, you don't know any.

I don't understand the purpose for these posts. Maybe taking the time to learn prior to posting would be a good idea.

:confused:
 
Quote from ElectricSavant:

Does "Not Gambling" go Hand-in-Hand with a quiet (not braggardly) conservative attitude?...vs. the other way?...you know...

Have you voted?

ES
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Geez, Michael, you appear obsessed with the notion of whether trading = gambling.

Seems the difference in most people's mind is one of semantics. That is, "money at risk, chance of loss = gambling". When gambling you are supposed to lose. Payoff odds and probability of loss always favor the casino.

In trading however, you are supposed to win. How is that? It's because you can put the "probability of winning" on your side by what you know and how you behave. In true gambling, that is not the case. Odds are against you, fixed, and there's nothing you can do to shift the odds in your favor.
 
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