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- fizzleboink replied Jun 13, 2006
lol this is so true. All you need is your brain, a computer, and an internet connection.
- fizzleboink replied Jun 13, 2006
Player reads and bluffing gets extremely important as you move up the ladder. The state of the poker game is known just as much as previous price action in the markets is known. It's just that there's way too many states to "solve" the game. Trading ...
- fizzleboink replied Jun 13, 2006
Yup and our brokers (house) gets its cut from the spread. There are some probabilities in Poker, specifically things like pot odds, implied odds, etc. However there is a lot of discretionary action taken (player reads are an example). Yes in certain ...
- fizzleboink replied Jun 13, 2006
What's your point? Compare "To take a risk in the hope of gaining an advantage or a benefit." in the gambling definition and your "Engagement in risky business transactions on the chance of quick or considerable profit." Same thing no?
- fizzleboink replied Jun 13, 2006
I think you missed my original point when I started the thread. Coming from the Poker world, where many players do have a positive expectation (they win more than they lose), still call it gambling. You can call it speculation if you want, but I ...
- fizzleboink replied Jun 13, 2006
Didn't we already go over the definition stuff at the beginning? Dictionary.com: "Gambling - To take a risk in the hope of gaining an advantage or a benefit." -> was one definition.
- fizzleboink replied Jun 13, 2006
You explain it better it than I can. Thanks.
- fizzleboink replied Jun 13, 2006
That's exactly my question. What does the definition mean by "game". I do not think I am outside the context of the definition. Zero sum games can be games of chance. It's probably irrelevant anyways, I just wanted to point that out. I don't really ...
- fizzleboink replied Jun 13, 2006
What about the fact that trading is a zero-sum game? I'm not really disagreeing with you, but I just wanted to point that out.
- fizzleboink replied Jun 13, 2006
You're right though, I should have stipulated that having positive expectation AND a sound money management strategy are the keys to success.
- fizzleboink replied Jun 13, 2006
Do poker players risk everything on the outcome of one event? No ofcourse not, that's silly. There's quite a bit of "bankroll" money management strategy involved in poker too. Even the gamblers who play games with negative expectation (almost ...
- fizzleboink replied May 26, 2006
Hehe ok I can see how non-coders would find that easier. To me though, it looks like a mess.
- fizzleboink replied May 26, 2006
Yup I agree. I haven't looked into EasyLanguage that much, is it really that much easier? I haven't taken a good look into it but when I glanced at it before it just seemed like just another language.
- fizzleboink replied May 26, 2006
What do you "beg to differ" with? I said it's probably one of the best, and it is, because your best options are MT4 or Tradestation. Tradestation looks good too, but I haven't used it myself personally, which is why I recommended MT4. I guess I ...
- fizzleboink replied May 25, 2006
You should look into the MT4 platform, there are many brokers that use it, it's free, and it's probably one of the best for automated trading. Check out url and url for more info on coding for it.
- fizzleboink replied May 23, 2006
Thanks, it looks like Tablet PC's or UMPC's might be the answer for me. Check this out, way cool. url
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