The markets are not a gamble, I view it, them, from a stance of observation to determine zones of trading risk which is favourable in terms of return relative to that risk over the next n periods of time or direction of price based on the (emotional) actions/activity of market participants which will effect price.
Takes time and humans being humans I make mistakes now and then.....

you can observe this,measure it,monitor it, its not a guess is it? I suppose theres a "gamble" as in sudden news may impact at any second an unknown outcome...

Isnt there a term called "maximal theory" meaning using everything that can be known to predict outcomes as opposed to "complete theory" knowing everything to predict outcomes.

I'd say that "Trading" will always be " Maximal Theory Of Trading"

great title for a book........ maybe.



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I copied this from another thread probably belongs here anyway......... but speculative trading maybe a term i'd put to taking advantage of favourable value perceived opportunities relative to risk. however you choose to identify that value....

long hold may be classed as Investments.... but some traders hold for a year up.......

as the bard said, "What is in a name that which we call a rose by any other would smell as sweet" etc...
gamblers we may be tagged or traders....

We know what we are...... gamblers or traders admitting to it for some might be tough.

We experience the same intermittent positive reinforcement associated with gambling, lose, lose, WIN..... Observe yourself, and the markets, work through the impulsive revenge trading and learn the art of speculation maybe........

anyone add ?