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View Poll Results: Is Trading Gambling or not
Gambling 438 34.87%
Not Gambling 818 65.13%
Voters: 1256. You may not vote on this poll

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Old Mar 4th, 2012, 09:35 PM   #1135
PHOENIX TRADING
 
 
Join Date: Mar 2012
Posts: 6,945
I think most traders are gambling and fooling themselves that they are not.

Fooled by:
1) randomness
2) Luck
    Quote
Old Mar 6th, 2012, 11:43 AM   #1136
Don Bright
 
 
Join Date: Oct 2001
Location: Las Vegas, NV
Posts: 11,757
Quote:
Quote from achilles28:

Profitable trading is analogous to card counting.

Close thread.
+1 but I think ES loves the longevity of his thread, going for a personal best, right? LOL.

Don
    Quote
Old Mar 6th, 2012, 11:49 AM   #1137
ElectricSavant
 
 
Join Date: Jan 2003
Location: Sweden, California, Colorado & New York
Posts: 14,844
Don,

I think that this is a significant issue where traders like to chime in with their views.

I think that you will notice the absence of numerous threads fragmenting the issue and this thread has become the place to weigh in. This serves as a utility to ET...the Internet...the world...and to gawd...

ummm...wait...I am overdoing this...

Have you voted?...

ES
    Quote
Old Mar 6th, 2012, 12:14 PM   #1138
ElectricSavant
 
 
Join Date: Jan 2003
Location: Sweden, California, Colorado & New York
Posts: 14,844
Is acknowledging imminent Death "Not Gambling"


Quote:
Quote from bln:

Everything is gambling. Then a company launches a new untested product to the market it is gambling. No one knows the future and the outcome.

Then Apple launched the iPod it was gambling, the iPhone, the iPad it was gambling, it could have failed just as much as it could succeed,
    Quote
Old Mar 6th, 2012, 12:22 PM   #1139
ElectricSavant
 
 
Join Date: Jan 2003
Location: Sweden, California, Colorado & New York
Posts: 14,844
Don,

Are you saying you want me to dig up some of my old stuff...no you do not want that...really?...I do not think so.

My past could have been rosier if I had the balls to move to Las Vegas...I really regret that.

ES

Quote:
Quote from Don Bright:

+1 but I think ES loves the longevity of his thread, going for a personal best, right? LOL.

Don
    Quote
Old Mar 6th, 2012, 12:24 PM   #1140
ElectricSavant
 
 
Join Date: Jan 2003
Location: Sweden, California, Colorado & New York
Posts: 14,844
Does History or the lack thereof calm or stir the waters of "not gambling"?
    Quote
 
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