DitterPD
Private, 1st Class
- Messages
- 147
Yeah, binary options, casinos, gambling...
...I don't know why anyone in their right mind would go for binary play as against risk-managed forex trading, I don't get that get.
I don't get it because if you are gamified - have an inherent game sensibility (online), playing binary is like going from multiplayer/level console gaming to, like, WAP fergawdsakes.
Binary options trading is just not at the races where brain-engagement is concerned - come back in 3 years when it has copped itself on and realised that gameplay and respect for the customer equals real revenue (like, when the pub is being run by a professional publican, as opposed to an alcoholic).
Let take it from this angle: if we compare trading with other traditional businesses, actually there is not much difference between them.
If I want to sell a potato (just the one, I'm in the middle of a binary mash-up here), I have to buy said spud (with, like, a currency) at a cheaper price, and then sell my tuber at a reasonable profit. You would hope.
Well, traders do the same thing. They buy hope with the base currency (and just a side order of fervent prayers) at a good price. When the price gets better, they sell it or vice versa. That means trading is just like other traditional businesses that we have around.
Except, of course, you can't parboil equity.
So, to earn money by trading one needs to understand the forex market. I need to study and apply learning (so many mistakes, so little time) over and over again to be able to turn the numbers around in my favor.
Gambling does not require a gambler to be well-trained – is this true? I dunno. What about poker, doesn't that require skill?
Anyways, in most cases, gambling is all about prediction - calculation or education does not play a part (did I mention poker? Oh, right...). In fact, the more illogical trend a gambler takes the more options he has of winning (and losing).
A forex trader does not need to do this. He can make money by taking a very logical route (trend trading strategy, say) with all kinds of safety and precautions, like a fire officer inspecting a Durex production facility (a bit like watching Willem Dafoe copping it in Platoon, but with less Adagio for Strings and more Justin Bieber – whose straining, tight-collared enthusiasm for cutting-edge entertainment – think Mylie Cyrus draped in nothing but a transparent veil of mortification – is more redolent of a last-minute motivational speaker at a forex expo, exhorting us all to smash our quarterly trading targets and stop playing silly buggers with the COT Report).
See, gambling has no time for that nonsense, gambling is deadly serious. In the same way a teenager is deadly serious about middle school.
But trading? Trading says, "You're a grown up. Stop pouting, you're embarrassing yourself..."
Damn, that's a nice essay/post on such trivial problem/topic.
Do you work in copyright or just have too much free time and creativity?
I think I will follow you if you answer like this everywhere )And as I can see from the nickname and sense from the text, you were(are) a poker player in the past(present)?
