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Uncertainty does not make it gambling. As you show the chart, doesn’t make it gambling because it’s uncertain how long we will live. Now if you play the Russian roulette then it is gambling. |
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Well, gambling is forbidden in many places..., can we not give birth, live and open restaurants there ? |
Lol, I would love to see that ! |
The imposition of laws themselves are a gamble for the party or person imposing them, otherwise, there wouldn't be consequences for breaking them... |
Well that is because you got the definition all wrong, Gambling is an activity that is based upon chance or luck and has nothing to do with the skills of a person. That is why it is forbidden in many places but not like a restaurant or any other businesses. |
Are we all gambling ? In everything we do there is uncertainty, as in, nothing is 100% and hence everything is a gamble. There is no certainty or probability that your next breath is not going to be your last. There is always an element of risk, our job, as traders is to evaluate the risk. because this is something we can do, the reward is the uncertainty, simples.. Question could be, where am I in my cycle of (gambling / chance / uncertainty / probability) if in doubt, you can always enjoy a good pull back, socks on or socks off, its your call.... |
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Ignore and move forward. |
Looking at business openings from 2011, the following data was reported after 5 years. Of all the small businesses started in 2011: - 4% made it to the second year. - 3% made it to the third year. - 9% made it to the fourth year. - 3% made it to the fifth year. And you say these people were not gambling with their futures... |
Another thing you are wrong ; I am an entrepreneur since roughly 20 years... |
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When i breake my rules and start opening more possisions as price goes against me i am gambling if i can manage to follow my rules for my super tight scalps then i am consistant but i have problems keeping the gambler away.I belive its possible to read the market for up to 10 minutes on smaller timeframes 1-5 minutes longer than that and the market is random and you are in fact gambling. |
Gambling comes from the old English “to play”, I do not play with my money. Once you do a business in which you are skilled, even if they is a part of chance and uncertainty, it is not gambling because you do not count on luck to have the right number on the dice but skill and hard work. Anyone can virtually open a casino, no skill needed, same goes for the gamblers, a 5 years old boy would have the same skill on roulette as a 20 years experienced gambler. There is no such thing as gambler manager because anyone can gamble, there is no skill involved at all, 100% of the outcome is from chance / luck, that is gambling. |
we all gambling with analysis lol |
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Then you are gambling with forex. |
There can be a difference between gambling and trading, if you view gambling as gaming (what we do in Las Vegas) and trading as professional trading. Novice traders are usually gambling because they lack market knowledge, don't understand risk and risk mitigation, lack personal and emotional maturity, etc. They take a huge gamble every time they open their trading account. If you have not been developing professional skills, you are gambling, and are better off taking your money to Vegas and getting your losses done in a single weekend. At least you'll get some free drinks there. |
If LDFX wore his best business suit and walked into a casino declaring that he is a businessman handing out his business cards or whatever that makes him look like a businessman, they will just point out the chip kiosk where he can slam down his cash and start playing aka gambling all the same. So a round of applause for LDFX for doing business where we are all gambling. Buzz lightyear finally realized that he wasn't flying. He was just falling with style. https://tenor.com/search/falling-with-style-gifs |
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