Ever wondered why not even one person is supporting you? Because all of us know that you are troll.
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ok , if i am troll, then why not ignore me?
no one is forcing you to reply to me at all. you can simply ignore this thread.
i thought you were better than this. I was wrong.
I have seen you troll others and know it’s your hobby.Some people PM me about how you trolled them.Lol people hate you here and don’t want to be rude but this is what others told me
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Buddy I asked for your proof that trading is gambling and prove that there’s 50:50 odds of trades going right or wrong…so the ball is in your court bro… where is your PROOF…
not giving proof yourself and asking me for proof to prove trading is not gambling but u are the one who is saying it is gambling in the first place so what’s your proof for the same…and I feel like we will go round and round in circles with this…u will ask me for proof and I will ask u for proof…just like a dog chasing his own tail…
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Please keep the conversations clean. There are always better ways to disagree with someone or criticise a point of view. Any replies that are found in breach of the community guidelines will be blocked and users suspened. Thanks you.
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“As time progresses, that probability will come down to 50/50. That is the law.” …which law is that ?
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Trading is Gambling. so what ?
Trading is not Gambiling. so what ?
May this thread RIP. Ha ha…
Trader dude man…u r correct when u say that every new trade has a probability of 50:50… But that doesn’t make it gambling ,if u know what u r doing…do u realise that people make money even if they lose 70 %of the time…this is possible only with proper money management and cutting loses short and letting winners run for as long as possible…just quoting the coin toss example is not a good enough argument…well think about it in trading u don’t lose 1 point and win 1 point…u can loose .5 point and win 10 point…heck u can even have a break even trade…so don’t be so adamant on ur views…it’s not as black and white as u put it…there r many ways to become profitable…unlike gambling…where the house always wins…because they have that advantage of positive expectancy.
Traders can be profitable by tinkering a lot of aspects…money management, reward/risk ratio, having a system that have a positive expectancy etc etc…and successful traders do tinker their system as time passes on and markets change…
Just entertain the possibility that money can be made by day trading if u know what u r doing…don’t just BL ndly oppose anything if u can’t do it or by citing a unrelevent statistics of coin tossing
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Coin toss is really a very bad example…
If a coin is tossed 1 million times, a maths student would blindly say by it is 50:50.
But a successful poker guy would ask following questions:
- Is the coin fair? What is the historical data to ensure fairness of the coin?
- What if coin’s sides are both heads or both tails?
- Whether there is consistent environmental conditions during those trials etc…
so this discussion can go on everlastingly…
Can you answer chicken first or egg first?
Or Half filled glass is Half empty also yes or no?
Each trade is a gamble. But What about after 10000 trades ? Are you making more profits in winners than losses in losers?
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People who ‘FAIL TO’ make money from stock market or ‘INCAPABLE OF’ making money from stock market treat trading as gambling.
Remember old proverb “Angur nahi mile to khatte!”
Trading without logical study is gambling else it’s pure business.
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My views can be totally wrong and I am not as knowledgeable as everyone else here. Just here to learn from others’ experience.
Trading seems to me as informed betting if not done randomly. May be its more like a game where rules are set by SEBI.
Just wondering can there be any hypothetical situation when everyone can be profitable in a trade (if everyone have the same level of expertise)? I am not talking about investing.
Say for e.g. in option trading; I am not aware of any situation where each an everyone in trades can profit even in a long run. Some one have to loose so that the better players can gain the same amount (minus the charges). Of-course the intermediaries will always gain in each trade.
Can someone throw some light on it?
My question is just out of curiosity and not for any criticism.
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I agree with this. Properly calculated risk management may help us loose less amount of money even though 50% of times.
Saw your earlier post… Sell a 2SD option, probability is 95%… I can tell you a number of options selling strategies that have higher probability of success and easy to adjust if move is against you.
If you still say that every trade has 50:50 chance then either you started trading or you are that experienced that you never tried to explore options writing strategies that give you higher chance of winning…
Yes, it is gambling. When you go to a casino, you can decide what type of gambling you want to, do you just want to YOLO coins in a slot machine or play with probabilities in poker or master counting numbers and play blackjack.
Anything that involves luck including investing or running a business or just taking a decision about a career path is gambling.
Gambling isn’t bad, we do it everyday. Whats bad is not knowing the worst outcome and being prepared for it.
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Yes according to me everything is gambling and taking bets . And investing is surely a bet . And what’s the worst then gambling is not knowing that you are infact gambling.
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I have said this a multiple times and i m repeating myself again.
Selling options is not for retail. Retail should not be selling options. Retail is not in the market making business.
Retail should ONLY buy options.
I don’t want to get into an argument with you. but you have no idea how institutions/market makers use options to make money.
Telling people to sell options is a very very bad idea.
About the 50:50 chance, that is correct. Every speculative trade has 50:50 chance to win. When selling options your odds are even worse because one bad move against you and it will wipe out all your profits and even take you in loss. you have to see the chances in a number of trades spread out. Eventually you will lose when selling options even if probability of a single sell trade is 90-95%.
And please don’t bother about hedging your sold options. That again is not meant for retail. Selling options + hedging is done by market makers.
Please do your research on options market participants and how they use options.
I also suggest you do some quantitative analysis.
Good luck.
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Yes, it’s pretty realistic. For me, it used to be a kind of hobby that I liked to do quite often. Over time, my interests have changed slightly, and lotteries have been replaced by online casinos. I also like IPL Betting, which helps me have a great time. I like all the opportunities I get with a minimum of expense. There are more winnings than costs. And that more than appeals to me. I think it’s one of the best options for me. And for you?
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Simple,
Its gambling for gambler and for the person who blames the market for his loss and says it’s gambling.
But a true trader/ disciplined one will know the truth that it’s not a gamble.