|
Chicago, IL
Legendary Market Chamois
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518
|
I think the answers lie (for most save the dysfunctional brains) in education and the willingness to obtain it. In the mathematics of probability and statistics and the search for higher plane qualities: moderation, self-restraint, accountability and discernment to name a few.
If the average man on the street had a thorough yet elementary grasp of the workings of probability and just how ridiculous and stacked against him these machines are, provided he is free from chemical influence and clear headed. I can't help but see these voluntary tax machines dwindle, approaching nonexistence.
My wife's aunt had or has a gambling problem. Her and her husband filed bankruptcy due to it. A hard working person very punctual, thoughtful and caring. Never attended college. Drove a school bus for some years and now runs the bus company’s office solving bus related issues and problems arising from sick kids to bus accidents etc. I have known her for 29 years and I don't feel she has even the slightest idea of the dictates of probability or the street business sense needed to discern the advantage over her.
This is not to say she has no ability to grasp this knowledge. Just that she was never trained or in the position to obtain it.
Ron
 ...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy... The steed of this Valley is pain; and if there be no pain this journey will never end. Buy Low And Sell High (read left to right or right to left....lol) |
|
