Nothing worth having is easy.

- Joined Nov 2006 | Status: Member | 3,818 Posts
to trade and code, keep both simple... no call to impress....h
Gambler's Pips EA needs debugging 29 replies
Gambler trading (with some MM), who says it can't be done? 233 replies
Gambler is back. Better than ever 3 replies
Gambler or Speculator? 32 replies
EA for gambler system 45 replies
Dislikedlol ... dick. Haven't you got any arse shakers to wind up? I'm trying to gamble here.Ignored
DislikedI have far more admiration for someone that is running a successful business with employees than someone who sits at home in their pyjamas pushing a few keys on their keyboard.Ignored
DislikedBTW , buy some GU will Ya ..am tired of scalping the damn thing ..I need a breakout ..Ignored
Disliked//-----
hey miss p...... so, guess i better put on some pants or turn off the webcam...... ooppps.... too late..... priscilla just did both......
just recently on another forum some hayseed got drug thru the brush for suggesting trading was akin to gambling...... still not healed up good, so i'll keep my mouth shut here.......hIgnored
DislikedYou already know that I don't trade that psychotic major. I don't like to gamble my money on non-performers. There are far better horses in this race to have a punt on.Ignored
QuoteDislikedNow, if you want to say that trading is gambling, then you're saying that trading is random. Does price really move randomly? I mean, do institutional customers just randomly buy a random amount of lots every time an order is placed? Is it random that a broker would balance out their inventory when the exposure is too great to one side? Are humans that unpredictable?
DislikedHave you ever worked in a large office? I mean offices with several hundred people? Do you know who the most fun people usually are in office? It's the boys in the mail room. You know, the ones that run around the building delivering post to your In Tray and removing stuff from your Out Tray. When I used to get bored with office work, I'd meander down to the mail room and have a laugh with the boys, tell a few dirty jokes, throw a few things around, turn the radio up and pretend to breakdance, that kind of thing. After a few years, this forum...Ignored
DislikedAlso, I'd like to know why trading isn't akin to poker. Can you stop avoiding the question?Ignored
DislikedAnd I go back to the definition you provided: "A person engages in gambling if he stakes or risks something of value upon the outcome of a contest of chance or a future contingent event not under his control or influence".
What I do to earn my crust does not define me as a person. Being a trader is nothing special. I do not have a hang-up about the word gambler. And some of the most obnoxious and arrogant people go around this forum screaming that they are a trader. I don't want to be one of them....Ignored
QuoteDisliked...So, when I trade, I influence the exposure of my broker, albeit very insignificantly. It remains a fact every time I open a trade. If you say otherwise, I would like to understand where you are coming from...
DislikedI wholeheartedly agree with you. It seems that on this forum people have a hang-up about the word gambler though.
The word trader gets thrown around this forum a lot like it's something special in this world. It's not. I have far more admiration for someone that is running a successful business with employees than someone who sits at home in their pyjamas pushing a few keys on their keyboard.Ignored
DislikedI find it quite comical that there is even a debate about whether trading is gambling, of course it is, end of story. The real question people need to be asking themselves is how can I do it professionally and how do I increase the odds in my favor so that I make money over the long haul.
The last I checked everything in life is a gamble and the only two certainties are death and taxes.Ignored
DislikedFor the definition, you need to read the "NOT UNDER HIS CONTROL OR INFLUENCE" part. About this part of the definition, I posted this:
The reason why I advise not to say that all traders are gambling is that it's a defeatist attitude and it's unhealthy. How can you be a professional gambler? How can you be a skilled gambler? The question contradicts itself.
I'm not saying that trading makes one a trader and that's a title one should go by. I'm saying that trading isn't gambling, however, you can gamble your money away. One can only hope when...Ignored
DislikedOkay, if you want to think that your insignificant order may influence your broker's exposure, that's fine with me. Maybe it does, maybe it doesn't. Personally, I try to keep it as simple as possible. I don't tend to think too deeply about this stuff anymore. It didn't seem to help my trading.
Whether someone wants to call me a trader or a gambler, it makes no difference to me. I don't argue about it with people/friends in real life. I just smile politely so that we can get onto talking about more interesting things.Ignored
DislikedYeah, maybe my trades are countered by the triple 7's on the slots. Who knows how these things work...
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DislikedIn blackjack, all one can do is bet on how close they will get to 21 without busting, but making sure they are above the house. The house gets the advantage no matter what by the rules of the game. No matter what, even if you win, you will always be -EV every single time. The game is designed that way. There's nothing you can do that about.Ignored