MigratingOsprey
Thank You Paul!
good god I didn't read all of that
on sports betting though, there isn't a house edge per se .... there is the "vig" which could be comparable to a trade fee and then many would argue that picking a winner is reliant on knowledge, etc
the underlying point I was making in regards to the market is that here are unknowns there that can cause a lot to happen - despite all your research and fun stuff, things can and will happen
you laugh at the heart attack example, and while it's not the strongest surely you'll agree that apple investors had a little scare when the rumor of Jobs heart attack came out a couple years ago and their stock dropped like a rock until it was found to be untrue
i can also tell you have I experience working for one of the larger derivitive firms that also acts as a market maker for some of the larger companies you'll find ........ I'll also guarantee you that as smart as you think you are and well researched you are, these guys are smarter
I'll also let you know that poker is taught as part of trading and there is a large emphasis on game theory
as for the rest - really not worth reading
I'll just continue to laugh anytime your hypocritical self wants to chastize anyone else for having the audacity to make a comment about what they think will happen in the future .... especially when you're dumb enough to make future predictions in that same exact post
on sports betting though, there isn't a house edge per se .... there is the "vig" which could be comparable to a trade fee and then many would argue that picking a winner is reliant on knowledge, etc
the underlying point I was making in regards to the market is that here are unknowns there that can cause a lot to happen - despite all your research and fun stuff, things can and will happen
you laugh at the heart attack example, and while it's not the strongest surely you'll agree that apple investors had a little scare when the rumor of Jobs heart attack came out a couple years ago and their stock dropped like a rock until it was found to be untrue
i can also tell you have I experience working for one of the larger derivitive firms that also acts as a market maker for some of the larger companies you'll find ........ I'll also guarantee you that as smart as you think you are and well researched you are, these guys are smarter
I'll also let you know that poker is taught as part of trading and there is a large emphasis on game theory
as for the rest - really not worth reading
I'll just continue to laugh anytime your hypocritical self wants to chastize anyone else for having the audacity to make a comment about what they think will happen in the future .... especially when you're dumb enough to make future predictions in that same exact post