If anybody would like to change their vote, you can contact the moderator.
I believe they have the ability to change your vote.
Michael b.
I believe they have the ability to change your vote.
Michael b.
Is trading Gambling or not .."What say You" Vote here.
- Thread starter ElectricSavant
- Start date
By the way,
You can consider this a good day for system #1 (and for you gamblers we were lucky today
)
Have I re-entered all my executions?....this is the constant question, I ask myself.
Previously, I asked myself ....did I stop out? Did my target hit....?
Yes folks I too was a gambler, once. So I am not any better than you folks who believe that trading is gambling. Make it what you will...
You can consider this a good day for system #1 (and for you gamblers we were lucky today
)Have I re-entered all my executions?....this is the constant question, I ask myself.
Previously, I asked myself ....did I stop out? Did my target hit....?
Yes folks I too was a gambler, once. So I am not any better than you folks who believe that trading is gambling. Make it what you will...
I can tell you, Electric once thought that he could gamble with markets.
No table limits he said!
He put on the Martingale...
Oh let me tell you. I am not a trader, but anybody reading this thread, I can attest that Martingale strategies are a dead end path, if you use them in a gamblers way to think.
You can Martingale your way to the poor house.
Wifey
No table limits he said!
He put on the Martingale...
Oh let me tell you. I am not a trader, but anybody reading this thread, I can attest that Martingale strategies are a dead end path, if you use them in a gamblers way to think.
You can Martingale your way to the poor house.
Wifey
Congrats
Talk to me glassman AFTER YOU VOTE
Is trading Gambling? or Not?
What Say you?
Michael B.
P.S. LOL you can't fold the paper....
Talk to me glassman AFTER YOU VOTE
Is trading Gambling? or Not?
What Say you?
Michael B.
P.S. LOL you can't fold the paper....
Do we think like Traders
or
Gamblers
What say you?
or
Gamblers
What say you?
There is a need to think a bit like both...only to the extent that we don't need a "guarntee" to get involved....but in trading, we must develop a decent win/loss ratio via our developed "edges." Much like blackjack or poker (as I've said many times before) vs. putting $$ in a video poker machine and "hoping"....we call that trading equivalent "prayer trading" - (a little play on "pair trading" of course), LOL.
Don
Todays trades
half a C note on 5k for one day (never a losing day)
half a C note on 5k for one day (never a losing day)
I know your busy Don, but how would I develop or define an "edge" in system#1? There is no edge?
Your posting things that sound good...You speak with hundreds of traders a week, but you will just need to read the thread, when you have the time.
I appreciate your comment. I have posted 2 examples to refer to when I make the statement that trading does not need to be gambling.
Now Don, I am not lecturing you as I know your vast experience far exceeds mine. But, I know, that you know, that we must think outside of the box and do what others do not do, through our advanced tools and/or knowledge.
I am suggesting you read this thread, it will be time well spent, I promise you.
Michael B.
Your posting things that sound good...You speak with hundreds of traders a week, but you will just need to read the thread, when you have the time.
I appreciate your comment. I have posted 2 examples to refer to when I make the statement that trading does not need to be gambling.
Now Don, I am not lecturing you as I know your vast experience far exceeds mine. But, I know, that you know, that we must think outside of the box and do what others do not do, through our advanced tools and/or knowledge.
I am suggesting you read this thread, it will be time well spent, I promise you.
Michael B.