Quote from jr07:
You are completely wrong
Trading is only somewhat similar to gambling if it's a fixed stack card game and you're counting them.
J
In the olden days, when a deck was just a deck, and red and black colored everything, trading and blackjack were about the same. There was no way to lose.
In black jack the cricket used to change out the dealers was the most interesting binary vector. It was always increasing and an ice bucket was needed for silver dollars and then chips.
The arrival of multidecks was a low blow to those with minds. The PC arrival was fun with regards to trading; I was getting real tired of mechanical lead pencils by then (especially the red lead).
Now, I have a bad case of cloudy screen but they are are going to do a "hubble" on me and replace my view of things.
I shied away from using probability in trading since there is no application. For black jack; the alternative was cards counting and just remembering the line across the "fives count" card form "Beat the Dealer". I considered that kind of binary too. A chip go/no go deal. Face cards were like the OTR tick charts of today or the DOM or the S/S or the prv or the yellow pairs, VE and OB's. All smoothed out.
Has anyone figured out why other players get pissed off by winners doing card counting? Its almost like the OCD's in ET sitting at a table.