On the punt ???
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   maxboost
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Username: maxboost Post Number: 191 Registered: 12-2005
Rating: N/A Votes: 0
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| | Monday, November 12, 2007 - 04:30 pm: | 
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Hi All, A quick survey to test the response to this question. Do you think trading is gambling? I am talking about short-term trades ie day trades up to say a week or so. I will make two additional posts one for yes and one for no, just click the vote button on the appropriate page to show your response.(dont care about stars) cheers
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   maxboost
Member
Username: maxboost Post Number: 192 Registered: 12-2005
Rating:  Votes: 1
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| | Monday, November 12, 2007 - 04:32 pm: | 
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Do you think trading is gambling? Vote here for yes
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   maxboost
Member
Username: maxboost Post Number: 193 Registered: 12-2005
Rating:  Votes: 2
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| | Monday, November 12, 2007 - 04:33 pm: | 
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Do you think trading is gambling? Vote here for no
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   redback
Member
Username: redback Post Number: 42 Registered: 10-2005
Rating: N/A Votes: 0
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| | Tuesday, November 13, 2007 - 11:07 pm: | 
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Not a lot off response to your question Max. Pretty open question. You have professionals then you have the so called punters!!? A person who doesn't follow the markets much but just takes a tip or two from a mate or friend and doesn't follow through or has no idea of what to look for could be called a gambler perhaps a hopeful like a lotto buyer. However one who does follow the market and are extremely experienced has all the tools etc etc and especially in a volatile market the hours and time they put in could hardly be called a punter or gambler. (And if consistently makes a profit)Like all if you believe in the company with well earned profits, success then your part of that company Hence is running your own business a punt? Equity trading or whatever is like a franchise, we must look at all angles not just TA or FA but be involved, we all have that right whether long term or just a few days. I have the feeling many people have confronted you saying that short term or trading the market is gambling.
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