Peace. I'm sure all the pricinciples are applicable to anyone who is gambling. And who is not gambling? My mother gambled that when she sent me into the unknown (first day at school) I would return no worse for the wear, and maybe even better. My only point was somebody tried to make a distinction between gambling and trading. And the pikers think they can outsmart the market with Kelly position sizing. The only one who is not gambling is the guy lost in his delusional notion that he is right. And every so often, one of them hits it big which just perpetuates the myth.