Can Gambling be perfect?
ES
ES
Is trading Gambling or not .."What say You" Vote here.
- Thread starter ElectricSavant
- Start date
ES, you asked the question, so why don't you provide your definition of what gambling is. Only then can we answer your question in a meaningful way.
The simple definition states that if the result isn't certain then you are gambling. I am telling you that many uncertain results can add up to a certain result. Therefore, many acts of gambling isn't always gambling.
Conclusion: A trade is a gamble. Trading is NOT always a gamble.
Is trading Gambling or not?
What say you ?
Vote here.
ES
What say you ?
Vote here.
ES
Do you feel a "high" when "not gambling"
ES
ES
No, but i feel HIGH if i gamble and do not follow my rules, and just trade out of what i belief what will happen.
If i am correct i am really feeling HIGH.
If i lose, i feel really dumb, just exactly what this doing was....
That you can be finally satisfied my dear ES, i say just for you, ok, i am a gambler, but dont tell it anybody.
The difference between me and the other idiots here, is that i am an Elite Gambler and i have rented the Luck.
You know Gustav Goose from Mickey Mousee, i am like him.
Me is just a lucky asshole.
Its all about luck.
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Is it gambling, if you are always lucky ???
Please vote !!!
HTR
a 9 of 10 winning percentage, if you extrapolate out, is going to make you a very rich person HTR.
I applaud you, keep it up.
Don
I applaud you, keep it up.
Don
That depends. I too can create a 9/10 win rate. Trouble is that the 1/10 is often a bigger loss then the 9/10 are winners.
This is my big struggle right now. Finding winning entry points is getting a lot easier. Ensuring that the P * W > (1 - P)*L is still a challenge because I have a bad habit of making W < L.
Then we're right back to basics. I have a modified Baccarat system that will allow me to win 19 of 20 times, but the 20th time can eliminate all the profits. A modified Martingale system, fun when you consider comps, but can be costly.
So, back to the basic idea that all trading can be gambling. But is is the real "gamble" as in slots and craps or is it theoretically profitable gaming, like blackjack?
Hey, ES - check my request for help in the Prop trading forum, let me know what you think.
Everyone, help me out.
Don
9/10 win rate, you have, so far so good....
next is, you need better risk managment.........
dont risk too much, if you are not sure.
Dont let the market go against you.
If you are unsure, enter the trade in several position, step by step....
wait, be patient.............
Dont let profits turn to losers.
Better, not win anything, than to lose money.
Keep on....and you will make it........
LOL I know. Isnt that great...........
I am such a genious.
LOL