How do you guys deal with this?....Intraday trading = gambling | Traders Hideout


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How do you guys deal with this?....Intraday trading = gambling

  #11 (permalink)

seoul, Korea
 
Trading Experience: Intermediate
Platform: Multicharts
Broker/Data: CQG, DTN IQfeed
Favorite Futures: YM 6E
 
treydog999's Avatar
 
Posts: 895 since Jul 2012
Thanks: 291 given, 1,016 received

The answer for me is not in the making or losing money, or in the time frame. its in the expectancy.

You can win a lot on a roulette table if you hit a 0 with all your chips on it. That profit does not mean you did not gamble.

You either have mathematically positive expectation or you don't.

HFT trade in the micro seconds are they gamblers? Absolutely not.

Time frame is not the issue, the edge your system has is.

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