LOL I love how serious you are. It makes your bullshit even funnier. And you are definitely a lowly college student. You have a chip on your shoulder on a trading forum when you know nothing about trading. If you bother to read through all of the posts on this thread I would like you to show me any FACTS regarding trading to gambling. Nothing shown has been a pure fact. Do you know what a fact is college boy? I guess the new generation of telephone tough guy is on the computer. or rather, telafone tuff guy. I've traded more in assets than you've had to pay in tuition, so don't talk to me about trading when you have never been on a trading floor or worked a trading desk. You don't even know what a clearing firm does. So do everyone a favor, turn off your monitor and read a book on biology and go to a forum and argue the theory of evolution and mumble your horeshit conclusions over there. I said trading is gambling. If you don't think it's true, I'm not putting a gun to your head. I think the argument is pathetically weak on your side tying to disprove that and no links or bullshit on this thread has proven it either. I don't know what your reading, but you have yet to cite facts as well, just moronic arguments and a few college words you just learned and felt like trying out with some adults. Have fun doing nothing with your NYU education and even more fun losing your money in stocks.
everything in life is gambling.. weighing the risk and return on any decision you make. just trading gives you option to make strategic decisions that give you better probability over than simply red or black. understand how human emotion applies to the equity markets should give you an edge over the person next to you.
That was a pretty weak comeback. I think college boy wins round 1. And I kinda think he's onto something. You really don't sound much like a real trader to me either. Although you are very good at being rude.
Chatting on ET is like being in a bar during spring break in New Orleans without the benefit of booze and boob flashing. Just noise and few reasonable voices that a tough to hear.
It wasn't meant to be a comeback. I'm not here to scuffle with a kid about something he doesn't know about. From your posts you sound like you don't know shit either. I could care less if you think I am a real trader or not. You have no bearing on my business. I don't know you, you don't work at my firm and you don't sound like much of a trader yourself. But that really makes no difference. Your credentials mean nothing to me as I'm sure I wont make a difference in your life either. This thread has turned into nonsense led by a kid who is barely qualified to drink a beer let alone talk about trading and the psychology behind it.
(Speee--SCI, you're wasting your time. I'm even surprised at the lengths you've gone to here. Thanks for posting, anyway. Perhaps you've done some good for those who can think/listen.)
A rather rude example if I may, saying gambling is trading (just because the outcome is uncertain) is like saying making love is the same as jerking off because you get the same sensation inside your penis therefore anyone having sex is jerking off or jerking off is making love to your own penis?
Jerking off is making love to someone whom you love, so yes, in a Woody Allen-ish way, the analogy is perfect.. P.S.: Just not the way you intended. P.S.S.: Again, if you don't know what you are doing, it is gambling, if you can put more probability consistently on your side, it is a skill.