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Old 06-11-2005, 10:21   #37
TraderABC
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Re: Forex as a system... Who benefits? What internal rules exist in FX?

Quote:
Originally Posted by metal
There are many people who spend a great part of their lives trying to figure out how to pick the winning horse.
There are people who very strongly believe that a system can be created where they can be the winners in casino games.

Does that mean horse racing and casino games are not gambling?

In my humble view, the first question should be about the possibility of getting results better than 50/50, and only THEN think about a strategy. I mean what good is it to spend 12 hours a day 7 days a week studying charts, patterns, fundamentals, technicals if it all becomes for nothing???

If you have a system that performs (for real) better than 50/50, then it is no longer a gamble.
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