TRADING OR GAMBLING???
Most people don’t like to mix the words “trading” and “gambling.” For many, this somehow gives the impression that trading is like some secret poker game in someone’s basement, a dark alley game of dice, or weekend trip to Las Vegas. While these three examples may not sound glamorous, they all share the important aspects of trading. Whether you are playing a poker game for money, trading one of the various markets we trade, or Pepsi buying commercial time on television, money is being put at risk with the intention of a desirable return on that investment. In any of these examples, there is no certainty, there is only the opportunity for better odds and the astute trader (market speculator) knows this. Even Pepsi doesn’t know what kind of return they will get when they buy commercial time on a network. They have an idea but they never know the exact return, it’s a gamble.
You see, when you keep it real and understand that trading is gambling, you will then understand that it is the ultimate form of gambling. It happens to be the type of gambling where we the trader can STACK the odds in our favor, much better than Vegas can. Imagine you are playing a card game in Vegas only this time, you can decide whether you want to put your money down on the table AFTER you see your cards and the dealer’s cards and also bet as much money as you like on this hand. That’s trading my friends and that’s why it is the premier form of speculating on the planet. I have a friend who always tells me that the trading I do is just gambling and I tell him he is right only that it happens to be the type of gambling where you can absolutely stack the odds in your favor. Ceaser’s Palace, Mandalay Bay, and the others don’t enjoy the odds we are able to attain in trading if you know what your doing.
From Sources::
Most people don’t like to mix the words “trading” and “gambling.” For many, this somehow gives the impression that trading is like some secret poker game in someone’s basement, a dark alley game of dice, or weekend trip to Las Vegas. While these three examples may not sound glamorous, they all share the important aspects of trading. Whether you are playing a poker game for money, trading one of the various markets we trade, or Pepsi buying commercial time on television, money is being put at risk with the intention of a desirable return on that investment. In any of these examples, there is no certainty, there is only the opportunity for better odds and the astute trader (market speculator) knows this. Even Pepsi doesn’t know what kind of return they will get when they buy commercial time on a network. They have an idea but they never know the exact return, it’s a gamble.
You see, when you keep it real and understand that trading is gambling, you will then understand that it is the ultimate form of gambling. It happens to be the type of gambling where we the trader can STACK the odds in our favor, much better than Vegas can. Imagine you are playing a card game in Vegas only this time, you can decide whether you want to put your money down on the table AFTER you see your cards and the dealer’s cards and also bet as much money as you like on this hand. That’s trading my friends and that’s why it is the premier form of speculating on the planet. I have a friend who always tells me that the trading I do is just gambling and I tell him he is right only that it happens to be the type of gambling where you can absolutely stack the odds in your favor. Ceaser’s Palace, Mandalay Bay, and the others don’t enjoy the odds we are able to attain in trading if you know what your doing.
From Sources::
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Regards,
Team Xpert Nifty
Regards,
Team Xpert Nifty
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WeB:- www.XpertNifty.in
email:- Support@XpertNifty.in
Twitter :- XpertNifty
FaceBook :- Xpert Nifty Advisor
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