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. WTF this is disturbing, it's already been shown in the past you are actually one of Electric Savant's sock puppets.

    Sorry but that's just disturbing.
     
    #841     Jan 1, 2009

  2. Well then, if you qualify for bail-outs, that's not gambling.

    Risk-free gambling, gimme a few billion of that.
     
    #842     Jan 1, 2009
  3. http://www.washingtonpost.com/wp-dyn/content/article/2009/01/03/AR2009010300040.html

    "Peterson pointed to a famous study in Taiwan showing that gamblers chose a strategy paying them repeated small amounts even if at some point they had to take a huge loss. In more than 200 trials, the gamblers were given different decks to select cards from. In one deck, on average four of the five cards produced small gains, while the fifth card wiped out the wins and led them down a money losing path. The other decks of cards produced, on average, four small losses and one big win, which netted out to overall gains. The researchers were stunned when, given a choice, gamblers continued to want to pull cards from the small-gain deck. "

    "We like these consistent gains," Peterson said. "You can't underestimate their power."
     
    #843     Jan 4, 2009
  4. Just take a look at what happened to poor electricsavant. First it was the fake trading, then it was the phoney wife, then he vanished forever.

    don't let this happen to you, kids.


    Sandy
     
    #844     Nov 2, 2010
  5. Trading is gambling.

    It is a perverse form of gambling, gambling on life, or some demented version of life in which the bets are on how much the corporations (non-humans) can take off of the humans(consumers) this quarter, or .

    It can be strictly managed gambling or reckless gambling.
     
    #845     Nov 3, 2010
  6. #846     Nov 3, 2010
  7. Any idea why are you projecting your own shortcomings and seeking validation to your beliefs that trading is gambling?

    Cheers,
    Max
     
    #847     Nov 4, 2010
  8. =============
    No;
    but some use the word ''gambling'' simply to mean excessive risk,
    not a real wise idea[ excesssive risk].

    Even though the youngest, they are the more likely to sneer @the idea of any danger in risk. But there is a reason why many teens pay a [risk premium on thier auto insurance/die young:cool:] Wisdom is profitable to direct.
     
    #848     Nov 4, 2010
  9. He Lives !

    I will hang up the phone and let you respond.

    ElectricSavant Out

     
    #849     Nov 5, 2010
  10. Well Said...but could this be calculated?

    ES

     
    #850     Nov 5, 2010