aliassmith wrote:prochargedmopar wrote:aliassmith wrote:
Just because a poker player. Card counter, or trader is good doesn't mean its not gambling.
If it wasn't gambling why would you manage risk.
A slot machine might have a 90% payout. Since it has a higher probability of getting paid. Does that make it not gambling?
I'm risking $100 and have an expectation of making $100 75% of the time..
Apply that statement to football, soccer, a poker hand, a trade, dice roll.
1b and 2
SH!T !!!!
I guess you are right.
Looking at the statement above I'd say ur losing money if we only get to make $100 75% of the time and risk $100 every time.
Maybe I read that wrong.
Its basically a 1R trade PRO with a win rate if 75%.
Oh, so your saying goal is to make 1:1, just keep piling in wins and HOPE you win 3 in a row regularly.

It's very easy to win many, many 5 pip trades in a row, I thought we had to have 3x with a random 10-15x thrown in for good measure.....
Who's been lying to me? LOL
