Stop fooling yourself There is no system - Page 32
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Thread: Stop fooling yourself There is no system

  1. #311
    Quote Originally Posted by ;
    So isn't life a small bet....

    Truth of the topic, if you're successful and profitable at trading for long enough time, you realize what you're doing, it cannot be a fluke. Therefor, you are not gambling in what we mean by getting lucky on an uncertain result, when we think gambling. You've invented ways to find chances to capitalize on inefficiencies while decreasing your risk and managing an investment for profit.

    If you're just throwing on a coin toss trade, you're 100% gambling. I dont give a crap if the hour/day/week/year...
    Thank you this is what I had been attempting to say. But most here asume because theres a risk of loss its classified a bet.

  2. #312
    Quote Originally Posted by ;
    Thank you that is what I had been trying to say. But most here asume because theres a risk of loss its classified a gamble.
    Yea I don't know it badly only depends on what your definition of gamble is right?

    I'd say just because your risking something, does not mean you're gambling.

  3. #313
    Quote Originally Posted by ;
    wow we';re getting heavy now

    I wonder... what's the significance of this all
    I know, this really is too deep guy. I do not need to look at my body as some type of muddled mql code up.

    I bet we'd get some mql in our dna as well.

    Shit, I better quit!

  4. #314
    Hey Aussie! You are far too sensitive. No wonder you knew what SwissRaj was on about. It is gambling. Get over it. There's not any shame attached - not for me.

    The underarm bowl was not actually bowling either but it had been regarded as a sort of bowling.

    Perhaps you prefer the word speculation.

    Investopedia clarifies Speculation
    Speculation should not be considered purely a kind of gambling, as speculators do make an educated choice before opting to get the extra risks. Speculation can't be egorized as a conventional investment since the obtained risk is higher than average.

    So that it is not purely gambling but it's still gambling. What a breakthrough.
    .

  5. #315
    Quote Originally Posted by ;
    Hey Aussie! You are too sensitive. No wonder you knew what SwissRaj was on about. It is gambling. Get it over. There's absolutely no shame attached - not for me.

    The underarm bowl wasn't actually bowling either but it had been considered to be a form of bowling.

    Maybe you prefer the word speculation.

    Investopedia explains Speculation
    Speculation should not be considered purely a form of gambling, as speculators do make an educated choice before opting to acquire the additional risks. Additionally,...
    HAHA - Hm being from Tonga I'm no sure who you were refering to. I'm not only patianate . I'm sorry I will never call it gambling. You get it over. , about this, I'm affaid we'll never agree but enjoy Spekitox it doesnt matter what you call it we all want the identical thing I guess... But I respect your opinion and do see where you are coming from.

    Hey don't bring Swiss raj in this!

  6. #316
    Quote Originally Posted by ;
    And there's not any one who knows how to trade. If there was, W. Buffet are his butler and Bill Gates his foot seat. 5 percent per month, which traders end up being laughable, earn 1 trillion dollars from $50 in less than 40 years. Unless you happen to be a fat rat from a Federal reserve with insider's info, trading is glorified gambling no more and no less. Are those who stop early and are blessed. Sorry.



    ....
    How to be Green and mess up your Planet at precisely the exact same time
    http://www.thesickearth.blogspot.com...
    Um as soon as you've compounded far enough you cant just open as many lots as you want - first you need liquidity which will differ in each circumstance, its a whole different game.

  7. #317
    Quote Originally Posted by ;
    HAHA - Hm being from Tonga I am no sure who you're refering to. I am not patianate that is sensative about my art. I am sorry I will never call it gambling. You get it over. , about this, I'm affaid we will never agree but enjoy Spekitox it doesnt matter what you call it we all want the same thing that I guess... But I respect your view and do see where you're coming from.

    Hey do not attract Swiss raj in to this!
    Well then horse racing should not be considered gambling. You're able to earn an educated decision about the horse's recent form, how many races it's won, what monitor requirements the horse likes, what the track conditions actually have been on the day and you can even go and check the horse out before the race....

    But I know what you mean. When I first became interested in forex a man explained it was gambling and I thought no, it isn't, it's not like shoving $200 down the pokie machine slot never to be seen again. With forex, with enough patience and correct money management, an idea of technicals and fundies, losing trades do not always need to be shut in loss.

    But it's still betting, whichever way you look at it thought Tonga was a joke.... Isn't it?
    .

  8. #318
    Hey, would it be called betting if you can find riskless chances? Arbing per se...

  9. #319
    Quote Originally Posted by ;
    Hey, would it be called betting to this very smart person or you, if you can discover riskless chances? Arbing per se...
    That brings up another issue, IMO.

    Because say there was a wonderful trader who was amazing and never lost. Only a machine. He is risking money to generate money but has a success rate of 100%.

    But would you bet your home and spouse on the next trade? No, since there is a element of risk of the trade, no matter how certain he is of this outcome.

    Once the outcome is preset, however, that's the purpose of arbing. . It's totally different. There's nothing that can fail once it's began.

  10. #320
    Quote Originally Posted by ;
    This brings up another topic, IMO.
    Because say there was a wonderful trader who was awesome and never lost. A machine. He is risking money to make money but has a success rate of 100%.

    But would you bet your home and partner on the next trade? No, since there is still a very small element of risk of the trade that is next it would be gambling.

    When the end result is preset, however, which is the purpose of arbing. . It is completely different. There. So the small ROI is maximised as much as you can, in fact arbing's purpose is using as much money as possible.

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