RoadLofa
JF-Expert Member
- Mar 22, 2017
- 1,509
- 3,313
Mjomba kwenye mpira kunakufanya analysis pia , na ndo maana kuna tipsters, unafanya analysis hadi ya huo mgomo uliosema, sema wabongo wengi bado hamjaijua betting inaendaje
Mjadala: Forex na betting kipi kigumu?
Mjadala: Forex na betting kipi kigumu?
- Thread starter Generetaion Z
- Start date
RoadLofa
JF-Expert Member
- Mar 22, 2017
- 1,509
- 3,313
RoadLofa
JF-Expert Member
- Mar 22, 2017
- 1,509
- 3,313
Betting uwa tunafanya analysis angalieni izo mechi za europa nimezifanyia analysis zinacheza leo usiku na ni odds 10, nyingi hapo zitatoa au mkeka wote utatoa
spidernyoka
JF-Expert Member
- Jan 2, 2020
- 7,557
- 20,477
Unachotaka kusema ni kwamba lost tickets hazijafanyiwa analysis sio
RoadLofa
JF-Expert Member
- Mar 22, 2017
- 1,509
- 3,313
Mjomba acha ubishi wanaolost sana uwa hawafanyi analysis vizuri na pia inawezekana hawafanyi kabisa ebu shika kwanza mechi iyo imefanyiwa analysis inaanza saa 10 jioni leo
The Burning Spear
JF-Expert Member
- Dec 23, 2011
- 4,118
- 9,864
Yaani Trend following ulinganishe na mipira bado nakataa.
Mi natengeneza dola we unatengeneza TZS no correlation
RoadLofa
JF-Expert Member
- Mar 22, 2017
- 1,509
- 3,313
Kwani betting hawabetii $?
The Burning Spear
JF-Expert Member
- Dec 23, 2011
- 4,118
- 9,864
Nipe link ya kubeti na account ya dollar Tz.
Aneel munawar
JF-Expert Member
- Aug 1, 2017
- 4,580
- 8,141
Mtu asieijua betting anapoiongelea betting 🤧🤧
Generetaion Z
JF-Expert Member
- Oct 2, 2022
- 343
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- Thread starter
- #30
spidernyoka
JF-Expert Member
- Jan 2, 2020
- 7,557
- 20,477
You didn't analyze it innit mate🤣?
Aneel munawar
JF-Expert Member
- Aug 1, 2017
- 4,580
- 8,141
Ulivoelezea unajua theluthi ya kitu kizima...so just take a chill pill
Mburia
JF-Expert Member
- Jul 15, 2022
- 2,369
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Nani alifanikiwa kimaisha kwa kubeti?
Ego is the Enemy
JF-Expert Member
- Mar 21, 2014
- 8,201
- 16,246
Mie huwa naweka sh moja natageti 80M
k-bee
JF-Expert Member
- Aug 30, 2017
- 966
- 1,084
Acc yangu ni real lakin haina tick hii imekaaje??
Ego is the Enemy
JF-Expert Member
- Mar 21, 2014
- 8,201
- 16,246
everything in life is gambling if we define it by taking a calculated risk in everything we do, and we do that 100s of times per day without realizing it.
For example, every time you get into your car to drive somewhere, you are gambling that you won’t make a fatal mistake or that someone else won’t either. You are assessing the probabilities of that happened based on your personal driving skills and the fact that you are hoping that other drivers value their personal safety to the same degree that you do and will be careful.
Investing in a mutual fund is gambling because you are basing your decision on the fact that you have researched the fund, researched the managers, looked at their assets and track record, assess their tolerance for risk and then make an informed decision that the probabilities of success are worth the investment.
Day trading is no different in the respect that “informed” and “knowledgeable” traders, who understand what they are doing, are operating under a known and tested set of statistical probabilities. Those tested statistics are based on the rules that they use to decide when to take trades and how to manage them. If their statistics are a worthwhile risk, then they trade and then manage it appropriately.
Poker is very similar in the respect that experience and statistical probability can be used to give a player an edge to know when to play their hands, when to fold their hands and how to manage their bets (money management) based on their hand.
Everything is a risk in life and we are constantly assessing the weight of that risk to ourselves, and then acting accordingly. This is all gambling, which is weighing the risk of an unknown outcome. Every day trade has an unknown outcome. Every drive in the car has one as well. Investing in college education is a risk as well.
We assess the risk of failure in all of these situations based on the best information we have, and proceed because we believe we have a high probability of success.
When people ask the question about whether or not day trading or investing is just gambling, implies that we are standing on a bridge just throwing our money into the wind and hoping it comes back to us multiplied. The question assumes we have no idea what we are doing and just flip a coin or pull a handle on a slot machine. It’s a frustratingly naive question to ask, really.
And when I get that question and then ask, “well you took a risk driving to work today” people will rolls their eyes to that reply as if it has no bearing. But it does. It’s the same thing. Nothing is certain in life. Only a series of very calculated risks and if you want to call that gambling, then fine.
For example, every time you get into your car to drive somewhere, you are gambling that you won’t make a fatal mistake or that someone else won’t either. You are assessing the probabilities of that happened based on your personal driving skills and the fact that you are hoping that other drivers value their personal safety to the same degree that you do and will be careful.
Investing in a mutual fund is gambling because you are basing your decision on the fact that you have researched the fund, researched the managers, looked at their assets and track record, assess their tolerance for risk and then make an informed decision that the probabilities of success are worth the investment.
Day trading is no different in the respect that “informed” and “knowledgeable” traders, who understand what they are doing, are operating under a known and tested set of statistical probabilities. Those tested statistics are based on the rules that they use to decide when to take trades and how to manage them. If their statistics are a worthwhile risk, then they trade and then manage it appropriately.
Poker is very similar in the respect that experience and statistical probability can be used to give a player an edge to know when to play their hands, when to fold their hands and how to manage their bets (money management) based on their hand.
Everything is a risk in life and we are constantly assessing the weight of that risk to ourselves, and then acting accordingly. This is all gambling, which is weighing the risk of an unknown outcome. Every day trade has an unknown outcome. Every drive in the car has one as well. Investing in college education is a risk as well.
We assess the risk of failure in all of these situations based on the best information we have, and proceed because we believe we have a high probability of success.
When people ask the question about whether or not day trading or investing is just gambling, implies that we are standing on a bridge just throwing our money into the wind and hoping it comes back to us multiplied. The question assumes we have no idea what we are doing and just flip a coin or pull a handle on a slot machine. It’s a frustratingly naive question to ask, really.
And when I get that question and then ask, “well you took a risk driving to work today” people will rolls their eyes to that reply as if it has no bearing. But it does. It’s the same thing. Nothing is certain in life. Only a series of very calculated risks and if you want to call that gambling, then fine.
Ego is the Enemy
JF-Expert Member
- Mar 21, 2014
- 8,201
- 16,246
Kuwa trader hakuna tofauti na kuwa like tiger wood or Rogers Federer or Michael Jordan ,ask them what they did to achieve the greatest of their top career