Something wrong...

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Old Jun 3, 2011, 9:34pm   #1
Joined Apr 2010
Something wrong...

Use the word 'gambler', and everybody knows where they stand,...except the ones with addictive personalities.

Use the word 'trader', and everybody thinks there's a free lunch somewhere down the line.

Innit funni ow wordz realli mess wiv peeps eds?
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Old Jun 3, 2011, 11:06pm   #2
 
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Re: Something wrong...

Word Schneider'sabbs word,innit
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Old Jun 3, 2011, 11:10pm   #3
 
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Re: Something wrong...

Trading isn't gambling as such, there is much more to it imo
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Old Jun 3, 2011, 11:17pm   #4
 
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Re: Something wrong...

depends how you do it

Quote:
Originally Posted by Doomberg View Post
Trading isn't gambling as such, there is much more to it imo
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Old Jun 4, 2011, 12:04am   #5
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Re: Something wrong...

Quote:
Originally Posted by Doomberg View Post
Trading isn't gambling as such, there is much more to it imo

No way, 50/50 each trade, it's going to go one way or the other. Just got to get on a hot streak and pile on the size when you feel lucky.
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Old Jun 4, 2011, 12:20am   #6
 
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Re: Something wrong...

Quote:
Originally Posted by JRP2891 View Post
No way, 50/50 each trade, it's going to go one way or the other. Just got to get on a hot streak and pile on the size when you feel lucky.
If you're feeling lucky you are gambling imho.


It's the risk / reward management that makes the difference.

risk < reward
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Old Jun 4, 2011, 12:32am   #7
 
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Re: Something wrong...

pretty much every decision you make in life involves assessing risk and reward, the most cautious people you meet are making decisions and assessing risk and reward. Most people who are called gamblers generally accept hight risk and are chasing high reward. When they get it right they are called a Guru, and when they get it wrong they are called a gambler.
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