House Money

Discussion in 'Risk Management' started by EpiphanyTrading, Mar 5, 2010.

  1. u21c3f6

    u21c3f6

    I use the same methodology to place my live sportsbook wagers as I do for my options trading.

    Joe.
     
    #21     Mar 19, 2010
  2. Good traders have a quantifiable predictable statistical edge. We adhere to very strict discipline, rules and do not let emotion creep into our trading habits. That is was differentiates us from gamblers.
     
    #22     Apr 24, 2010
  3. u21c3f6

    u21c3f6

    Good gamblers have a quantifiable predictable statistical edge. We adhere to very strict discipline, rules and do not let emotion creep into our gambling habits. That is (what) differentiates us from (poor) traders.

    Joe.
     
    #23     Apr 24, 2010