In light of continuing, a harsh reality for those set on the idea that they are not gamblers. By simply living, you are gambling. There is never a point in your life where it is certain you will survive the next year: image So the question is not ...

Are We All Gambling?

Very nice on being sober since 2016, that is awesome! I agree that quitting habits is usually hard for people with a weak will and a lack of self-knowledge to know what the habit actually means to them/why the fetishize it so much.

Are We All Gambling?

LOL Might as well introduce them to cigarettes while they are at it.

Are We All Gambling?

Rare photo of VEEFX trading FX. image

Are We All Gambling?

I agree with this 100%. Having an edge does not mean you are no longer gambling. Having an edge does not mean it is certain you will make profits.

Are We All Gambling?

Yes, if it had a 100% chance of success, it would not be gambling since the outcome would not be probabilistic at that point, it would be certain.

Are We All Gambling?

You can create TA on a chart drawn with roulette outcomes. You probably couldn't even tell the difference between a chart drawn with roulette wheel outcomes and renko bar chart drawn with a currency price. You can also analyze the fundamental ...

Are We All Gambling?

I am not trying to be snarky, but again, this logic does not hold up. Replace buying USD with betting black and EUR with red. There is no difference at all.

Are We All Gambling?

I also think you are missing the forest for the trees. Just because you buy a horse, does not guarantee someone will see enough value in it to purchase it for more than you bought it for. I completely understand buying a horse is more tangible than ...

Are We All Gambling?

I think you are missing the forest for the trees. Any outcome from choosing 8 instead of 13, regardless of the reason you chose it, would be determined by the game, not by you. Any outcome from choosing to sell at 1.14 or buy at 1.13, regardless of ...

Are We All Gambling?

This discussion has nothing to do with whether I am profitable, you are profitable, or if Batman is profitable. It is about making decisions based on chance/luck/probabilistic outcomes, and what that means to us. Do you mind fleshing out the details ...

Are We All Gambling?

I 100% agree with your conclusion that people don't want to consider it gambling to give themselves some form of legitimacy or control over their decisions and the outcomes of those decisions.

Are We All Gambling?

I am not saying the fact there is a risk is what makes it gambling, it's the fact that you are looking for a result based on a probabilistic outcome or an outcome based on chance in layman's terms.

Are We All Gambling?

These are your literal words: I don't believe I was snuking at all.

Are We All Gambling?

Hmmm, I don't think I would agree with this. All of the same controls you have in trading, at least the ones you mentioned, could be applied to a roulette table. You control how much to bet, what table limits you play, etc. You could also ...

Are We All Gambling?

Do you mind fleshing out the difference between gambling and taking chances on probabilistic outcomes?

Are We All Gambling?

Very interesting... Correct me if I am wrong, but, what are you saying is, how you observe or see your actions determines whether they have probabilistic outcomes or not? Do you mind elaborating what is the difference between luck, chance, and ...

Are We All Gambling?

I would say you definitely are. You are taking a huge six-figure gamble. You are betting on the probability that people will like your food enough to buy enough food to not only cover the cost of providing the food and service, but also make enough ...

Are We All Gambling?

So I assume it's safe to mark you down as a no? Please vote in the poll.

Are We All Gambling?

I'm not 100% sure in what you are saying here, but I believe you are essentially saying, if you have an edge, it's not gambling. If this is what you are implying/saying, I'd argue this logic is flawed though. Even though casinos have the edge, they ...

Are We All Gambling?