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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: robnhood who wrote (15220)12/3/1997 10:56:00 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Lady luck is for gamblers Russel- on tables of Monty Carlo Vegas or Atlantic city one can look towards angels and divinity to help boast your bottom lines- in markets this is a battle of putting the odds right- we are wrong on a day to day basis- considering amount of content we publish all without a penny but in public interest but to be unable to stack the growing odds in your favour is an art we need to religiusly folow- that what distinguishes a trader from a gambler.The purpose and aim is the same making money on the tables or in the markets however the distinguishing factor btw gambling and investing is that dices if loaded can only put odds in your favour in investments you can make a good effort to achieve that without loading the dices a vbird's eye's view of global flow of capital- once you are doing that detached from emotions you will notice that 6900 was a false break and instead of shorting there you add positions which can easily give you phnomenol returns within couple of weeks- one best indicator is Bull/bear read on SI and I assure you that we will refer to these lows a lot of times like we do for July 96 tech bottoms- if you ask me if I can catch the bottom - the answer is no- perhaps trying to do that is investment gambling- that is what I try to achieve.