Is trading Gambling or not .."What say You" Vote here.

Let me tell you why trading can be "not Gambling".

it is for the same reasons that a short trade can go against you for infinity...

 

short's infinity ends @ $0.00, but maybe you were talking about something else.

 

so you have just defined infinity...thus my premise for defining regression.

soo...defining regression limits, allows for "not gambling"

being able to define parameters allows the gambler to get into the "not gambling mode" of trading...(ahhh...read carefully..i broke one of the rules )

in trading when you "fold em'" it can place time on your side...but if it were not for trends and the FACT that trading is not random...then i would have to say the reaching the "Not Gambling" altitude could be difficult.

When you shuffle the deck of uncertainty you must have time on your side, thus you need a PROGRESSIVE edge to place you in the section some of us lovingly call "not Gambling". You can always change your vote...or would you like to pursue dictionary terms and the sky is falling premise?

Is chance some sort of infinite mystery? I want you to really think about this traders. how do we know what chance is? Which one of us has the correct reality? Gambling...or "not gambling" what say you?

are profitable traders...just Lucky?

Michael B.
JustLuckySavant

 

I think we see things differently here, or at least refer to them differently. Yes, I voted. Gambling. (Not that there's anything wrong with that.)

I don't normally refer to trading as gambling, but when it comes down to definitions, that's what it is.

 

So Thunderdog, You are not a good Trader...Just Lucky..

 

Totally depends on the type of trading you are doing. There are some trading methods that are 0% risk.

 

Electric, you sound like you stepped on some bird crap in "lion country".

 

I read that!

 

It's a 'gamble'...but quite different than placing a 'gamble' at a casino. The rules and restrictions are quite different and can be in your favor over the long term, unlike the casino. Nonetheless there are still markets with more restrictions than others which make certain players with certain strategies choose to avoid those markets.

Pick your market, pick your rules...place your bet.

My 2 pips.

 

lol, I thought so, is trading a gamble? I think that question is comparable to someone asking if today's temperature is too hot and here's why:

<img src="http://img141.imageshack.us/img141/3006/gamblevm0.gif"
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so in that sense, anything that involves risk, including life, can be termed a "Gamble"