Registered: Dec 2004
04-10-05 09:44 PM
Quote from ElectricSavant:
Sigh, this is getting boring....Same old ET...
Do most instruments range more than they trend by percentage of time?
Sorry if I'm boring you, but your question is irrelevant to the thread topic, which was whether or not trading is gambling. Trading exactly meets the legal definition of gambling, if the subject matter of the wager has no inherent underlying value.
Options have no inherent underlying value, by design, thus, trading options meets the legal definition of gambling, and therefore trading options is gambling.
If you wish to change the original question to something like: "Can the odds of trading be made routinely favorable for the trader," then your question may become relevant.
ET threads routinely become moving targets. I don't want to argue against a moving target. But, if you want to fix the question at some other point, then I'll be happy to discuss that point.