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Author Topic: Casino/Stock Market video  (Read 790 times)

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Romn.Paras

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Casino/Stock Market video
« on: July 24, 2016, 09:43:12 PM »
Hello all!

I just wanted to take sometime to say hello to all of you. I have been quite busy in the last few months. I have been preoccupied in business endeavors and now have a little time.  I always enjoy reading the new posts and articles. I like staying up to date on what research you all have been doing.  Each and everyone of you have put in such hard work and time and I applaud each of you. You are all highly intelligent and skilled no matter at what level you are it. It takes a certain person to take the time and figure out philosophy, strategy, and the psychology behind it.  You are all my brothers as far as I am concerned.

I wanted to share an interesting video with you all.  During the last few weeks, there was a lot of volatility in the stock market with the Brexit vote.  There was also much volatility in Greece with the banks as well in the past year.  I wanted to share this video with you all.  I know there is a thread on here about stock market vs. gambling, but I wanted to specifically put it here.  I had no idea that is how the stock market runs. It is totally mechanical now. Even the stock market analyst said he feels he has a more fair chance in some of the casinos he has walked into than the market.  It was explained on "The Tonight Show" here in the United States and I hope you all get a chance to see it.  Warm regards to you all my brothers and I will speak to you soon.
https://www.youtube.com/watch?v=GHSjtgChPxg [nofollow]



 
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Shadowman

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Re: Casino/Stock Market video
« Reply #1 on: July 25, 2016, 08:36:45 AM »
Hi Romm

I have been looking at the markets recently, particularly forex, to see if there are any similarities in the chart patterns, and I was thinking of starting a thread on it.  I am no expert but it seems that forex isn't random, and unless you are using sophisticated tools you can't really see it.  There seems to be lots of controversy about this.  But random charts do pretty much the same thing and behave in the same way.

It would be interesting to see if the bots create a more random environment or not. The bots seem to be like the AP players in roulette, and like the casinos trying to thwart them, new bots are made to interrupt the existing.

It has been fascinating exploring this aspect, in the forums the investors? Have the same discussions as the roulette players, and there are the same characters. All looking for winning approaches, with the same theories about bet selection and money management.

Thanks for posting this

Mike
 
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scepticus

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Re: Casino/Stock Market video
« Reply #2 on: July 25, 2016, 10:04:05 AM »
Gambling is gambling   !
 

Romn.Paras

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Re: Casino/Stock Market video
« Reply #3 on: July 25, 2016, 05:50:04 PM »
Hi Shadowman and Scepticus,

I think you are both right. Gambling is gambling. I find it humorous just because it is the status of the bankers and businessmen, it is suppose to be different. Many of us here in the United States have our retirements set up in this and basically we are paying companies to gamble our retirement everyday. Many businesses that Americans work for have companies that do this for them.  They have penalties for removing your money early. When you go to collect your money, you then have to pay fees on top of that in addition to being taxed 30% of what you take out before the age of 65.   

I personally trust myself with my own money, than someone else.  Think about it, when we play roulette our tax is what I call the house's edge, 2.7%.  It is reflected already in the payout. Otherwise, we would get paid 37 to 1 instead of 36 to 1 on numbers.  The payout in 1 dozen should be 2.08 to 1, instead of being paid 2 to 1 because you are actually betting against the other 25 numbers which includes 0, not 24. Same with 2 dozen . It makes ME lay 2 to 1 odds that 24 numbers are going to be 13 numbers which include 0, not 12 numbers. Same goes with columns as well.

A well educated roulette player can do a lot more with his own money than any investing firm or corporation would do at the end of the day.  I have seen corporations take between fees and taxes almost half of what someone who was paying into their retirement over 30 years. That is hundreds of thousands of dollars in fees and taxes. When they go to collect, only half of what they earned was available. Everything else went to the government and the firm.  That is so wrong. 

I believe all of us here have the power to make profit for ourselves and I think we need to keep sharing these ideas with each other because the powers that be do not want us to be in a position to have money.

Each of us has a reason why we play the game. Some enjoy for entertainment purposes. Some like it as a profitable hobby. Some make it a living.  Regardless of each of our goals, I think all of us bring a unique perspective on the game.  When we combine these perspectives we look at the game in a totally different light.  That is why I think the forum is perfect way to exchange ideas and strategies from around the world.

 
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