it's the behaviour of a compulsive gambler, a mentally ill person. this guy obviously could not help himself, he needs intervention before the worst happens. surfer
Ahhhh labels... Well I totaly agree with you that there are 'compulsive traders' and 'traders', but make no mistake about it ----> we are all gambling! Your friend hey meet me in chat if youd like....
The real difference is not between trading and gambling, but between compulsive and strategically advantaged. Someone can be accused of being a gambler by trading compulsively. The reverse is also true, a casino gambler who has the game down so that he is assured of consistant profits is not really a "gambler".
20 years ago Bob was a card counter that got banned from all the Casinos in Atlantic City. I honestly think that it helps him trade well. He sits here all day reading the tapes, hardly looks at the charts and can see the move before it happens a lot of the time. Weirds me out because I have spent years learning TA.
Yes, and Trading_Guy (the $160,000 loser) also steeped himself in TA, and clearly that alone is not a guarantee of success.
to use your definition, trading is the one "gamble" in life that i have total control over. therefore it is not gambling to me. best, surfer
No, I am married to another Bob. He used to make nice money card counting.....it wasn't gambling, more like a job. Now they use too many decks and reshuffle too often to do it.