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    dds on every game slightly in their favor, they keep their bets small (even a very large bet for an individual is very small for the casino in relation to the size of their total pot), and they play absolutely without emotion. The house knows that over x num
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    Are you trading or are you gambling? The answer, of course, is "Yes".

    My Webster's dictionary's defines "gamble" thusly: "(vt) to take a risk in order to gain some advantage," and, "(n) an act or undertaking involving risk of a loss."

    By these definitions, if you are a trader you are a gambler. The more important question is, then, are you a WINNING gambler (day trader, trader, investor . . .) or a LOSING gambler (day trader, trader, investor . . .)? In one of my recent articles, I referred to an undisciplined, haphazard trader as being neither a trader nor an investor, but "simply a gambler." What I should have called such a person, rather than "simply a gambler", was "simply an incompetent gambler (or incompetent trader or incompetent investor)."

    So, what is the difference between a winning gambler (day trader, trader, investor . . .) and a losing gambler (day trader, trader, investor . . .)? Who is the most successful gambler in a casino? The house, of course. This is because the house has the odds on every game slightly in their favor, they keep their bets small (even a very large bet for an individual is very small for the casino in relation to the size of their total pot), and they play absolutely without emotion. The house knows that over x numb

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    efinitions, if you are a trader you are a gambler. The more important question is, then, are you a WINNING gambler (day trader, trader, investor . . .) or a LOSING gambler (day trader, trader, investor . . .)? In one of my recent articles, I referred to an undisciplined, haphazard trader as being neither a trader nor an investor, but "simply a gambler." What I should have called such a person, rather than "simply a gambler", was "simply an incompetent gambler (or incompetent trader or incompetent investor)."

    So, what is the difference between a winning gambler (day trader, trader, investor . . .) and a losing gambler (day trader, trader, investor . . .)? Who is the most successful gambler in a casino? The house, of course. This is because the house has the odds on every game slightly in their favor, they keep their bets small (even a very large bet for an individual is very small for the casino in relation to the size of their total pot), and they play absolutely without emotion. The house knows that over x num

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    ndisciplined, haphazard trader as being neither a trader nor an investor, but "simply a gambler." What I should have called such a person, rather than "simply a gambler", was "simply an incompetent gambler (or incompetent trader or incompetent investor)."

    So, what is the difference between a winning gambler (day trader, trader, investor . . .) and a losing gambler (day trader, trader, investor . . .)? Who is the most successful gambler in a casino? The house, of course. This is because the house has the odds on every game slightly in their favor, they keep their bets small (even a very large bet for an individual is very small for the casino in relation to the size of their total pot), and they play absolutely without emotion. The house knows that over x num

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    >

    So, what is the difference between a winning gambler (day trader, trader, investor . . .) and a losing gambler (day trader, trader, investor . . .)? Who is the most successful gambler in a casino? The house, of course. This is because the house has the odds on every game slightly in their favor, they keep their bets small (even a very large bet for an individual is very small for the casino in relation to the size of their total pot), and they play absolutely without emotion. The house knows that over x num

    How to Learn the Essential Steps for Online Marketing
    Have you ever been interested in starting a home business but worried about the risks you have to take to succeed? Well my friend Michael Andrews can help you! Think you won't be able to close a deal? or do you need some free ways to get your company noticed? What about to get more traffic to your website? Then Mike's your man!The program is called Profit Lance Course. This cour
    dds on every game slightly in their favor, they keep their bets small (even a very large bet for an individual is very small for the casino in relation to the size of their total pot), and they play absolutely without emotion. The house knows that over x number of bets, if they have an edge in the odds of just a small percentage, where x is a very large number, they will come out ahead by a steady and predictable amount. The casino is a consistently winning gambler.

    So, what do you as a trader have to do to be a consistently winning trader? Recognize that you are gambling, and play like the winning gamblers play. Whether you are investing in stock, day trading futures or forex, or trading longer time frames, your investment or trading strategy must have the same key elements that winning gamblers have in their systems.

    Your trading system, whether a day trading system or a system for multiple day trades, or your long term investment strategy, should have the same advantages as the casino owners: Your trading signals combined with your trade management should tilt the risk slightly in your favor, you should keep your total capital commitment on each trade very small in relation to your total capital, and you should trade entirely without emotion.

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