Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ETERNAL WARMING
That's who I'm talking about.
93 posted on 05/04/2003 9:57:56 PM PDT by Cathryn Crawford (Winning isn't everything, but losing is nothing.)
[ Post Reply | Private Reply | To 92 | View Replies ]


To: Cathryn Crawford
You make an absurd analogy to trading, or as you see it, investing in the market, and gambling.To an amateur, it could be so, but to a pro,who calculates risk, has a proven expectancy of return, has disciplined parameters for entering and exiting trades, and also BEGINS the process with a hard and fast EXIT strategy, it isn't gambling at all, but speculating, and there is a world of difference between that and sitting in front of a slot machine, yanking a lever, hour after hour...

It is the difference between being a professional and a piker.Oh, a pro doesn't gamble, and he knows the odds going in and realizes he doesn't have to play, only when it suits him and the returns are suitable for the risk taken.He can control when and how he trades.Does that sound like Mr Bennett?

Face it, Bennett has a gambling addiction.When he sorts it out, he then should should re-enter the public square and have his views aired, but until he beats it, he is tainted goods, and his weak rationalizations for his addiction underscore that he knows it himself.
335 posted on 05/05/2003 4:51:19 PM PDT by habs4ever
[ Post Reply | Private Reply | To 93 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson