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Is Trading Gambling or not You do not have permission to vote on this poll.
Gambling	438	34.98%
Not Gambling	814	65.02%
Total:	1252 votes	100%

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Page 187 of 192: « First Page 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192

SimpleTrades

Registered: Feb 2011
Posts: 1252

02-19-12 10:54 PM

Quote from Don Bright:

I have no problem with algo trading, many of our people do it. They do, real time, real money, and are always modifying the algos to fit current changes in market conditions. Algos, especially those developed by successful traders are great... but, even the the most robust loses its' effectiveness over time, thus the need for constant modifications.

Are these guys generally discretionary traders who over time find a strategy they can automate?

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Don Bright
Bright Trading, LLC

Registered: Oct 2001
Posts: 11698

02-20-12 02:44 AM

Quote from bhardy307:

Are these guys generally discretionary traders who over time find a strategy they can automate?

Various. Some take our basics and apply their own tweaking, and then automate. Some use "canned" systems, and a few have had their own ideas programmed by others. Some from within firm, some outside help too. As long as they work, right?

Don

__________________
Don Bright (not an alias)
Bright Trading, LLC
http://www.stocktrading.com

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SteveNYC

Registered: Jul 2010
Posts: 787

02-20-12 05:38 PM

Why does it matter if trading is gambling or not?

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ElectricSavant

Registered: Jan 2003
Posts: 14844

02-20-12 06:06 PM

Please Vote.

Quote from SteveNYC:

Why does it matter if trading is gambling or not?

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SteveNYC

Registered: Jul 2010
Posts: 787

02-20-12 08:04 PM

Quote from ElectricSavant:

Please Vote.

Could you give us the definition of gambling?

Without the definition, the poll isn't very meaningful.

I voted that it is gambling.

I don't think it matters. What say you?

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ElectricSavant

Registered: Jan 2003
Posts: 14844

02-20-12 08:19 PM

Thank you for voting.

ES

Quote from SteveNYC:

Could you give us the definition of gambling?

Without the definition, the poll isn't very meaningful.

I voted that it is gambling.

I don't think it matters. What say you?

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