Casino Talks

Posted by: Got2Bet at April 20, 2002, 11:47 pm

Topic: Global Player Casino Be Carefull Forum: Winner Online

CPA -

Day trading is little different from gambling. You buy a stock and hope it goes up (or down, depending on what you bought) enough to cash out. Same with foreign exchange - people "bet" big money on the smalles fluctuations in the alue of one currency to another.

Day trading rooms in Asia - whether for forex, or stocks - are lavish, to say the lease - perhaps in some cases even more so than Vegas casinos. Traders eat free, drink free and often get other forms of inducements to keep coming back.

Now, I'm obviously not a day trader in the US - but do a little digging on day trading and you will find it is ery much lilke gambling.

Is it the same as doubling down? Well, doubling down is an advantage to the player. Stock trading, the player has information at his hands to make what is hoped to be an informed decision.

I'd say they were pretty similar.

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Spearmaster
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