"Not caring" about the money in order to win big

Discussion in 'Trading' started by pinetboltz, Oct 25, 2017.

  1. maxinger

    maxinger

    Ha. I can understand how you feel.
    I had similar experience with quite a few coaches.
    More than 3/4 of them are hopeless, fraud scammer thief .... and they wiped out my accounts numerous times.
    Fortunately I have decontaminated my mind of their false teachings.
     
    #41     Oct 26, 2017
  2. MattZ

    MattZ Sponsor

    Interesting what the courts considered as fair and unfair dealing. It seems even the slightest of edges does not entitle you to any wining. At least, this is I saw it.
     
    #42     Oct 26, 2017
    Xela likes this.
  3. Xela

    Xela


    That would surely be absolutely right, by definition, for something that's designated under the UK's Gaming Acts as a "game of chance only".

    If it were classified as a game of mixed chance and skill (like Blackjack, for example) the situation might be different, I think.

    Honestly, I was surprised that he took it as far as the Supreme Court, after the Court of Appeal, and expected that the verdict there would be quick and unanimous: it did seem to me that he had no possible leg to stand on, given the point of law involved.
     
    Last edited: Oct 26, 2017
    #43     Oct 26, 2017
    MattZ likes this.
  4. lovethetrade

    lovethetrade Guest

    What he was doing was not an edge though, it was cheating. It's not part of the game to analyse the patterns on the back of the cards.
     
    #44     Oct 26, 2017
  5. ironchef

    ironchef

    Wade Cook: Wall Street Money Machine. Making money is so easy an idiot can do it.:strong:
     
    #45     Oct 26, 2017
  6. More like...Writing a Book and Sharing your Wisdom: So easy an idiot can do it.
     
    #46     Oct 26, 2017
    ironchef likes this.
  7. I made millions following Wade.
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    He was clumsy and used to drop his wallet a lot
     
    #47     Oct 26, 2017
    Cuddles likes this.
  8. considering the scam Phil Ivey pulled on the casino, you have to wonder what other 'edge' he might have employed in poker

    I know little about him, as I don't follow poker, but generally speaking, truly skilled players don't suddenly look for scammy edges.
     
    #48     Oct 26, 2017
    lovethetrade likes this.
  9. ironchef

    ironchef

    I was being sarcastic.

    It is a money machine, why not, I can guarantee you 95% win rate by mechanically selling naked DOTM calls and selling naked DOTM puts, on margins. :D
     
    #49     Oct 26, 2017
  10. ironchef

    ironchef

    The same reason someone wants to solve a jigsaw puzzle, figures a new way to fold origami, finds gravity wave....

    The joy is in solving the puzzle of a winning method, money is the icing on the cake. If your focus is on the money you may not solve the puzzle.
     
    #50     Oct 26, 2017
    Simples likes this.