Recent content by SmartTrader

Are Casinos Gambling or are they a Business? Why do casino's make so much money? They're involved in the gambling business, yes? They win because they're the house, and they get to change the rules so that the games favour them. If you're the casino, the more money being gambled at your...

Changing the Perspective Framework It's a great idea to change "gambler" to "risk-taker" to look at this psychological issue in a different way. I find that many seasoned and professional traders view trading as a "business". It's usually only those who are relatively new to trading who find...

Words of Wisdom You can have your Head in the Clouds But keep your Feet on the Ground