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PureBytes Links
Trading Reference Links
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>RT's
>
>What do you think, is trading gambling? Below is the definition of Gambling
>from Merriam Webster.
>
>Gambling
>1 a : to play a game for money or property b : to bet on an uncertain
>outcome
>2 : to stake something on a contingency : take a chance
>transitive senses
>1 : to risk by gambling : WAGER
>2 : VENTURE, HAZARD
>
>Best Regards,
>Brent
>
Trading is gambling - however, a distinction must be made between games of
pure chance and "games" in which risk can be reduced. I would not put
trading in the same class as throwing dice, the roulette wheel, or the
lottery - games of PURE CHANCE. In Trading, like horse racing and poker,
the professional believes that through deduction, the study of numbers and
patterns, and intuition, risk can be reduced and the odds of "picking a
winner" can be increased
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