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

Discussion in 'Psychology' started by ElectricSavant, Apr 10, 2005.

Is Trading Gambling or not

This poll will close on Jan 12, 2060 at 11:25 AM.
  1. Gambling

    460 vote(s)
    35.0%
  2. Not Gambling

    854 vote(s)
    65.0%
  1. My Gambling is Trading! :D
     
    #541     Nov 19, 2006
  2. The logic is self evident and you cant refute it because you cant produce a risk free, chance free, impossible to lose way to make money through trading... or else everyone would be doing it :)
     
    #542     Nov 19, 2006
  3. Maybe you do not know yet and YOUR trading is gambling :)


     
    #543     Nov 19, 2006
  4. Thats probability and even if we took it to a subatomic level you would see there are no 100% calculations, quantum physicists hate it, but every now and then an electron will do something unpredictable... and thats the very nature of REALITY
     
    #544     Nov 19, 2006
  5. Why do you need a second broker? The other way to express what you've done is just to close out your position, while "betting" that the market will retrace a little bit for you to re-enter. If it doesn't retrace, you're stuck with what you have. If it retraces completely and then some, you've given back your profit.

    In other words, just because you're up a few hands at baccarat, and then starting placing bets on both Player and Dealer simultaneously, doesn't mean you've stopped gambling -- you could have stood up and left the table with your winnings for the same result. :)
     
    #545     Nov 19, 2006
  6. you will say that is a basis to make it not, "not gambling"...weak...weak my friend...

    In trading the sub-atomic would only cause a breakeven trade to occur...assuming you have an edge...


     
    #546     Nov 19, 2006
  7. Easter bunny, Santa, tooth fairy... holy grail trading :)
     
    #547     Nov 19, 2006
  8. I thought I did produce a risk free example with the widgets.

    And for future reference. absence of evidence is not evidence of absence... Rumsfeld :p Saying 'it doesn't exist because if it did everybody would be doing it' isn't a reasonable argument. btw. firms are doing it ;)

    http://en.wikipedia.org/wiki/Argument_from_ignorance
     
    #548     Nov 19, 2006
  9. he he...you know it would be fun to switch sides...your alright 28...



     
    #549     Nov 19, 2006
  10. No you didn't because the entire trading world would just widget the market to death if you could make money risk free... does not exist... hence gambling

    ps: a reliance on the dictionary and wiki exposes a lack of confidence in your own opinions
     
    #550     Nov 19, 2006