Is stock trading a gambling?
#11
Stock trading is a silent gambling. Though It is played by intellectual persons. =)
"In order to succeed, you must first be willing to fail."
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#12
(09-07-2012, 12:35 PM)ninjatrader919 Wrote: Bro project500k,

By context, the stock market is two-player zero sum game, and just like in any other games or sport be it basketball, chess, or a martial arts tournament there is always a winner and a loser unless the game ends in a draw.

hindi pwedeng maging draw sa stock market. kung di gumalaw, parehong talo ang both sides kasi pareho silang nagbayad ng commission fees and taxes. in this case, pareho silang talo.

buy high, sell higher!

stock market abbreviations (for newbies)
http://www.stockmarketpilipinas.com/post...g#pid11738

"when it comes to trading, i'm just barely smart enough to realize that i'm a total idiot. i might be considered stupid, but on the intelligence scale, it puts me comfortably ahead of all the dumber people who thinks they're better than me."


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#13
stock market is not gambling unless you understand how it works Smile
as the saying goes:

bulls and bears make money (techies and fundamentalists)

sheeps also make money (when the gurus/ experts / insiders give a juicy tip) while

pigs get slaughtered (the gamblers - they depend upon the so called "chance" or probability of winning, or upon their emotions.)
Bible Verse: I Timothy 9
Penny Stocks: http://www.youtube.com/watch?v=cDpPlrHgquM
Business tycoons: http://www.stockmarketpilipinas.com/post...l#pid55519 (edited by comm ollie)
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#14
(09-08-2012, 12:02 AM)eggstyan Wrote: stock market is not gambling unless you understand how it works Smile
as the saying goes:

bulls and bears make money (techies and fundamentalists)

sheeps also make money (when the gurus/ experts / insiders give a juicy tip) while

pigs get slaughtered (the gamblers - they depend upon the so called "chance" or probability of winning, or upon their emotions.)

this really make sense!! i really appreciate this.thanks sir eggstyan and to all who posted and will post.!!

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#15
Bro project500k,

I hope this is the last post for this issue. Everyone is entitled to their own opinion. I respect contrary opinion and I also respect the people who made them.

We define ourselves by the way we think, feel, say and do.

Those who say that trading is gambling are GAMBLERS.

Those who say that trading is not gambling are TRADERS.

In my case, I am a TRADER and not just an ORDINARY TRADER. I am a RESPONSIBLE TRADER. I exercise Discipline when trading (I always have a trading plan for every trade I enter) , I continuously Learn and I protect my Capital at all times.

You have been given inputs from both sides. Let me parapharase the last sentence of my post on the CAL thread:

ARE YOU GOING TO BE A GAMBLER, OR A RESPONSIBLE TRADER? God gave you free will. Only you alone can make the choice. I wish you luck on whatever path you take.
RESPONSIBLE TRADING, my Advocacy, means Practicing Self Discipline, Continuously Educating Yourself, Protecting your Capital at all Times and Taking Full Responsibility for your Trading Results.

MY TRADING PHILOSOPHY:
TRADING without FEAR, TRADING without GREED. GREED causes exposure to DANGER. FEAR causes missed OPPORTUNITIES.

MY TRADING RULES:
1. PROTECT YOUR CAPITAL at ALL TIMES. 2. TRADE to TRADE WELL not only for MONEY.
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#16
Thank you sir ninja! Your conclusion is enough for me to make my decision, i am grateful that you and others express their thoughts and opinion regarding this matter. And for that, another plus 1 rep for you as an expression or my gratitude.

Sent from my Dell Streak using Tapatalk 2
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#17
Thanks. You are welcome Bro. Next time, please don't call me Sir. I consider all of us here, including the Admins and the Mods, as Brothers-in-Trade.
RESPONSIBLE TRADING, my Advocacy, means Practicing Self Discipline, Continuously Educating Yourself, Protecting your Capital at all Times and Taking Full Responsibility for your Trading Results.

MY TRADING PHILOSOPHY:
TRADING without FEAR, TRADING without GREED. GREED causes exposure to DANGER. FEAR causes missed OPPORTUNITIES.

MY TRADING RULES:
1. PROTECT YOUR CAPITAL at ALL TIMES. 2. TRADE to TRADE WELL not only for MONEY.
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#18
(09-08-2012, 07:41 AM)ninjatrader919 Wrote: Bro project500k,

I hope this is the last post for this issue. Everyone is entitled to their own opinion. I respect contrary opinion and I also respect the people who made them.

We define ourselves by the way we think, feel, say and do.

Those who say that trading is gambling are GAMBLERS.

Those who say that trading is not gambling are TRADERS.

In my case, I am a TRADER and not just an ORDINARY TRADER. I am a RESPONSIBLE TRADER. I exercise Discipline when trading (I always have a trading plan for every trade I enter) , I continuously Learn and I protect my Capital at all times.

You have been given inputs from both sides. Let me parapharase the last sentence of my post on the CAL thread:

ARE YOU GOING TO BE A GAMBLER, OR A RESPONSIBLE TRADER? God gave you free will. Only you alone can make the choice. I wish you luck on whatever path you take.

I agree. Sabi nga "there's a thin line between trading and gambling". I think money management has a lot to do with trading not being gambling since if you are managing your risks then you are essentially running a business.
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#19
For me, Forex is money. I will never chase fast money if there is a risk of losing my money.
I always trade with money management. I put all the results in a table every time after trading. Excel automatically calculates how much I can spend next time.
I have never lost all my investments. Therefore, I can declare that my system is working.
I met people who were addicted to Forex. They carry things to the pawnshop to replenish. They tell everyone that they are businessmen, and the rest of the people are fools. These people offer others their services in order to at least somehow win back. For these people, Forex is a game of chance.
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#20
I believe stock markets are not gambling. It's very similar to buying a real tool or something from a shop. It's just done through internet. You may not see the person you buy from (or sell to), but there is a deal being made. And that's what matters. Human mind is always resistant of new technology and the means to live more easily. I think this is natural for everyone to resist about new things around us. Smile
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