Life is inherently probabalistic. We live in a world in which nearly all outcomes have some degree of uncertainty. It does not become a gamble...
Enron's stock went down and stayed down. GM's stock went down and stayed down. So did the stock of Bear sterns, Lehman Brothers, Pacific Gas...
Every one of them a gamble.
No one will be able to provide an answer to this question that satisfies the requirements of logic without resorting to changing the meaning of...
No, that is not the definition of gambling. No, I was not affirming the antecedent.
That entire thread is one page for me, so you really need to be more specific. The best would be for you to quote the post, so that there can be...
I do not see the significance of the second to last post of the above referenced thread. I do think that this post from Atticus is a keeper:
Professional traders, professional gamblers - what is the difference? There are pro gamblers - blackjack players, poker players, sports bettors,...
Week One Starting Balance $2045.07 Week One Ending Balance $2472.27 TradeTwo Profit = $124.82 Trade One Profit = $302.35 Week One...
Stopped at 119.59 ... Trade Summary Attached
Stop Loss 119.59, profit target 119.265
Trade Number Two in progress - short eur.jpy 119.765, current stop loss is now +10 pips in the money, original stop loss was -15 pips. I have...
There is never any positive edge in favor of the player in roulette. There are numerous successful professional horse players, on the other hand,...
All attempts to profit from an uncertain outcome by putting capital at risk is gambling. All trading in the financial markets is an attempt...
No "maybe" about it, Surf. Trading professionally is not merely like professional gambling. It is professional gambling.
I think I will. This thread is not the place for my effort. I'll leave it to the original thread author and his "following." I hadn't...
And here is the trade log:
I was short at 117.70, the stop was moved to 117.33 or +37 ticks on the trade. As it turned out, price dropped to fib & round number support soon...
11:29 EST stop loss moved to 117.33 ... I'll see how it shakes out in the AM.
Well it looks as though ET is more interested in the OP's journal than he is. Anyhow, I have a 2K subaccount at IB that I'm going to use to...
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