Gambling, like forex trading, never pays....
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so the point is this... in futures and forex... you must understand the "background" information before you play and gamble...
Invest FAQ: Derivatives: Futures
First off there are risks... and you think that without risks there are no rewards... true to a certain extent, but risks taking and gross stupidity are two different things...
Futures are explicitly designed to allow the transfer of risk from those who want less risk to those who are willing to take on some risk in exchange for ...
Forex speculating and casino gambling are not risk taking for the individual gambler, they are gross stupidity...
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swoosh, and he manages to sidestep again. Bravo.Originally posted by AndrewPKYap:so the point is this... in futures and forex... you must understand the "background" information before you play and gamble...
First off there are risks... and you think that without risks there are no rewards... true to a certain extent, but risks taking and gross stupidity are two different things...
Forex speculating and casino gambling are not risk taking for the individual gambler, they are gross stupidity...
With this post, i'm pretty certain you don't even understand the defination of futures you quoted.
Like i said before, linking forex with casino gambling is just silly. EXPECIALLY when i have already proven you know next to nothing about casino gambling. Go on, elaborate a little on the forex and i'll call you out on that next. -
.... a delusional mind believes the delusions in their heads... like "you know next to nothing about casino gambling" ... and that is why they are called delusional people...
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well, for those of you who just tuned in, the reference andrew wants to see is on the previous page, where he gushed out a lengthy post of untrue gambling tidbits in a feeble attempt to position himself as a gambling expert.Originally posted by AndrewPKYap:.... a delusional mind believes the delusions in their heads... like "you know next to nothing about casino gambling" ... and that is why they are called delusional people...
Seriously, get a dictionary andrew. It's not delusion. It's written right there, on the previous page. You ARE a horrible "Expert" on gambling, and have no right to link the forex to that term.
Start posting details of the forex, and i'm certain i can do the same for your forex expertise credibility.
Calling me "stupid" or "delusional" will not kick me away. And insults that involve my mother? Wow I'm sticking like glue till you admit your stupidity and false statements. -
Is a training manager of a SIMEX member firm and a director of a member firm of the Thai Agricultural Futures Exchange qualified to make that call?
As long as you do not admit that there are many things that you do not know, you will just keep on spewing rubbish and make, well, yourself the proverbial fool... -
Originally posted by AndrewPKYap:like I said, when I am bored I will pawned stupid people.... and this is such profound stupidity it is an opportunity not to be missed...
... and you probably think that your life started when your mother gave birth to you when your life could have very well started from dog sh!t
Let me explain. The dog sh!ts near a papaya tree... and the papaya tree used the components of the dog sh!t to produce a papaya and your mother ate the papaya and the papaya that has components of dog sh!t in it, got used by your mother's body to produce that egg that became you....
You see? Your life started from dog sh!t, case proven...
... a grossly stupid person that does not know that there are many things he is ignorant of....
ooo i've found the holy grail of forum wars!Originally posted by AndrewPKYap:your "tactic" is so familiar... you cannot win the debate and cannot win the argument, you attack the man......
What you said! -
you could be the queen of england and still be unqualified to make a comparison between anything and gambling, if you prove yourself to be nothing but air when it comes to gambling knowledge.
Oh, and i'm going to ask you for a proverb again. No, that one i told you about in the other post can't be used in your context.
So what is it gonna be, genius? -
this is called... giving people back some of their own medicine...
if you do not know what that means... please remember, google is your friend.... -
this is called side stepping
i admit i know of no proverb that covers this context
enlighten me, sir.
Your fellow directors would want it so. -
that is a good start! now just admit that you do not know enough and stop spewing inanities and you will be on your way to learning something useful ....
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only if you can actually tell me the answer
which of course doesn't exist.
Take a leaf off my book? -
You mean you expect people to answer your delusional questions?
Your questions were calculated to "prove" that I was wrong, but you were too stupid to see that the bases that led you to ask those questions were in error...
... there is no need for me to answer your inane questions... you pwned yourself when you ask stupid questions to challenge me...
... if you were genuinely asking questions, I would had no problems answering them but instead, you were asking questions to "corner" me without realizing that you pwned yourself instead... -
so instead of dodging with your "kind forgiving" statements, how about an answer to prove how stupid my questions are, really?
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Originally posted by Hello Kitty:labroy alot of abu neh nehs de.
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You want examples?Originally posted by deathbait:so instead of dodging with your "kind forgiving" statements, how about an answer to prove how stupid my questions are, really?
What kind of stupid question is that?Originally posted by deathbait: 19 November 2007 · 10:53 AMonly if you can actually tell me the answer
which of course doesn't exist.
Take a leaf off my book?
Enlighten you what crapz?Originally posted by deathbait: 19 November 2007 · 10:48 AMthis is called side stepping
i admit i know of no proverb that covers this context
enlighten me, sir.
Your fellow directors would want it so.
What kind of stupid question is that?Originally posted by deathbait: 19 November 2007 · 10:42 AMyou could be the queen of england and still be unqualified to make a comparison between anything and gambling, if you prove yourself to be nothing but air when it comes to gambling knowledge.
Oh, and i'm going to ask you for a proverb again. No, that one i told you about in the other post can't be used in your context.
So what is it gonna be, genius?
Enough examples of your stupid questions? *yawnz* -
No offense but does anyone here want to remain poor or remain at his status quo?
Andrew is trying to promote his book by posting this message. isn't it an attempt to sell his book to generate profit? --> to get rich. Unless that book that he is promoting is Free of charge, then I have nothing to say.
If we are just a normal people with a normal salary and wish to get rich, how can we do so?
If you want to start a business and be entrepreneur, does the element of risk involve?
If you want to be a writer and sell your book, does the element of risk involve?
If you want to be a teacher and draw your monthly salary + bonuses, does the element of risk involve? Maybe for this case, it is not as significant as the other but it is still there. You may get retrenched if economy is not doing very well; if you receive a complaint from parents; if you make a mistake that cause your jobs.
So, Andrew, please enlighten me how can we get rich without taking risk? I also want to know because if i can get rich without taking risk, i will be very happy.
As far as i know, your view is very one-sided. No one writes an argumentative essay with one sided perspective, unless it is a propaganda. Propaganda usually comes with ulterior motive. What is your ulterior motive?
If you wish to spread that gamble and forex are bad, you should at least include that if you do not have the skills, those are bad. But if you have the skills, forex is good for you but I'm ambivalent about casino gambling. -
Are you capable of comprehension? What did I say in my reply to your previous post that you did not understand or agree with?Originally posted by ultranova3:No offense but does anyone here want to remain poor or remain at his status quo?
Andrew is trying to promote his book by posting this message. isn't it an attempt to sell his book to generate profit? --> to get rich. Unless that book that he is promoting is Free of charge, then I have nothing to say.
If we are just a normal people with a normal salary and wish to get rich, how can we do so?
If you want to start a business and be entrepreneur, does the element of risk involve?
If you want to be a writer and sell your book, does the element of risk involve?
If you want to be a teacher and draw your monthly salary + bonuses, does the element of risk involve? Maybe for this case, it is not as significant as the other but it is still there. You may get retrenched if economy is not doing very well; if you receive a complaint from parents; if you make a mistake that cause your jobs.
So, Andrew, please enlighten me how can we get rich without taking risk? I also want to know because if i can get rich without taking risk, i will be very happy.
As far as i know, your view is very one-sided. No one writes an argumentative essay with one sided perspective, unless it is a propaganda. Propaganda usually comes with ulterior motive. What is your ulterior motive?
If you wish to spread that gamble and forex are bad, you should at least include that if you do not have the skills, those are bad. But if you have the skills, forex is good for you but I'm ambivalent about casino gambling. -
I provided evidence when I referred people to the book...
18 November 2007 · 12:55 AM
and what evidence did you provide or what convincing arguments did you make?
The Futures Game: Who Wins, Who Loses, & Why: Who Wins, Who Loses, and Why (Hardcover)
by Richard J. Teweles (Author), Frank, J. Jones (Author) "This is a book about trading futures ..." (more)
You are not so stupid as to think that people will believe an anonymous nick in an internet forum just because you said it, did you? -
Since you are so adamant on anti-gambling, why don't you write a letter to your PM and complain about it? If you want to educate the public, you should at least make your book free of charge, available for download.
If you want to educate those gamblers, how can they know about the existence of your book? why don't you set up a booth outside every casino?
Why don't you advertise in newspaper or TV? Posting something like that in forum won't get you a big market considering how many people in this forum ignore this message.
Anyway, like what I say, you are too negative on stock trading and forex, making your whole stand bias and it does sound like a propaganda.
If you do not speculate, how do you expect us to know which currency will go up, which currency will go down? Even all the TAs and FAs are used for speculation.
You can enlighten me though? How to get rich without taking risk? I have a long wish list belows i need money to buy all items in the long wish list. there are still more, only that the forum signature has a limit. -
He is afraid to tell others how to get rich.Originally posted by ultranova3:You can enlighten me though? How to get rich without taking risk? I have a long wish list belows i need money to buy all items in the long wish list. there are still more, only that the forum signature has a limit. -
andrew... u r forcing everyone to agree wif u instead of discussing...
all i know is if everyone behave and use money like you, there wun b any progress in this world. there wun be stock market in this world, no trading at all...
And to off topic abit... i've a strong urge to let u know tat I despise pple who use personal attacks in a discussion. coz not only u fail to make the other party see ur point, it oso reflects ur character... U can't win respect this way -
x 2 bebayyyy...Originally posted by sunny3510:andrew... u r forcing everyone to agree wif u instead of discussing...
all i know is if everyone behave and use money like you, there wun b any progress in this world. there wun be stock market in this world, no trading at all...
And to off topic abit... i've a strong urge to let u know tat I despise pple who use personal attacks in a discussion. coz not only u fail to make the other party see ur point, it oso reflects ur character... U can't win respect this way -
cute that you quoted the same question of mine 3 times and didn't even bother to give me an answer.Originally posted by AndrewPKYap:What kind of stupid question is that?
Enough examples of your stupid questions? *yawnz*
And it's even a valid question, not a stupid one. You claimed to quote a proverb, and i'm just asking you to explain which proverb it was. Not exactly rocket science, just elaborating your point to me. But of course, we both know there's no proverb, and you're just using big words to make yourself sound important, even when they don't make any sense.
And that was just a fun question. I don't lay traps for you. I don't have to. You do that job all by yourself. I'm just asking you to explain yourself. And you apparently still can't.
But let's move on to the more serious questions i asked of you that you have completely ignored:i mean, if i put two words in the same sentence, they gotta be linked, right?
Nevermind the broad defination of "gambling", or the fact that gambling outside a casino is mostly a break even game.
For example, your odds in a mahjong game without a house rake is breakeven if skill is equal.
Would you consider it gambling?
If there is a rake of a dollar, per session, and your skill is enough to make you a consistant 3 dollar winner per session, are you still gambling?wait
just so we're clear
you don't think odds are what seperates a gamble from an investment?
you don't think skill matters in a casino?
you don't think skill matters in the stock market?
you don't think skill matters in forex?I'll play a game of coin flips with you, paying you a dollar for everytime you win, and taking 50 cents for everytime you lose.
Will you play?
Is it a gamble?
.......
Yet, i'm sure he'll play the coin flip game with me. Because it's only fifty cents if he loses each time. He can endure the losing streak.
What if i made it a hundred thousand vs fifty thousand? He probably will still play because the odds i give him are so favorable.
What about 100,000 and 99,999?
Suddenly the expected returns drop, but it's still a positive expectancy of return. The risk of ruin is real here though, because a 20 loss streak will definately hurt.
What about 1.00 and 0.99?
Will andrew play?
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[quote]Originally posted by AndrewPKYap:
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[quote]Originally posted by Mitell:
you don't think skill matters in a casino?
you don't think skill matters in the stock market?
you don't think skill matters in forex?
There is no such think as skills or systems to win in the all above, this is a negative progressive game. In the long run you still drop inside the hole and you will never come out again.
In the above stuff, you will never be able to win unless u cheats
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An extremely smart answer.... Mr. Green
There is, but, what you call money management... to ensure that you "drop inside the hole and you will never come out again" but not buried six feet underground... Laughing
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if you felt that was a good post, i dare you to tell me exactly why you were trading with someone else's money on the MARKET, when your personal belief was that skill did not matter, and it was a long term losing gamble.
Go on, tell me. I'm interested. Are you lying now, or deliberately cheating your investors back then?
REALLY
Originally posted by AndrewPKYap:
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It is like, looking at the sky, you will see with your own eyes that the sun moving from the east to the west... every morning you will see the sun moving from the east to the west...
don't be like an unschooled kid, and think that the sun moves from the east to the west.... it is the earth that is rotating and not the sun moving from the east to the west, that you see the sun moving from the east to the west...
Similarly, you see the charts, you study the news, you do your analysis and you conclude that you can make money from forex trading... the reality is different... the reality is that you will end up losing all you money if you do not stop after losing a big amount of your money...
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You don't have to know what causes Event A, if you are know that Event A always follows Event B, and Event B just occured. You don't have to know WHY it happens. Just gotta know it's going to happen.
For example(let's go back to blackjack)
you're going 1 on 1 with the dealer in this casino. The dealer accidentally shows you the top card which is an ace. So you know you're going to be dealt an ace. Does it matter to you why the ace is the next card?
Feel free to answer the serious questions when you feel like it.
You know, the ones that actually prove you wrong. My question on the proverb was just to prove you were an idiot. These questions are meant to prove you are ignorant, if not downright fraudulent. -
btw, i'm not sure which species of reptile or bird you belong to, but my mom sure as hell does not produce eggs on the go.Originally posted by AndrewPKYap:like I said, when I am bored I will pawned stupid people.... and this is such profound stupidity it is an opportunity not to be missed...
... and you probably think that your life started when your mother gave birth to you when your life could have very well started from dog sh!t
Let me explain. The dog sh!ts near a papaya tree... and the papaya tree used the components of the dog sh!t to produce a papaya and your mother ate the papaya and the papaya that has components of dog sh!t in it, got used by your mother's body to produce that egg that became you....
You see? Your life started from dog sh!t, case proven...
... a grossly stupid person that does not know that there are many things he is ignorant of....
somehow there's some relevance to your last sentence there.... -
while we're talking about the dangers of gambling, i'll like to know, andrew, why you feel the casino is such a danger to society with it's maximum house commission of 24% (on the big wheel)....when the established 4D system in singapore is already taking in about 60% in commission.
And brokers charge a fraction of that!
Of all the things to point out as a danger, why aren't you pointing out the obvious?
Why haven't I seen you campaigning against singapore pools all these years?
Are you only now coming out because you sense an opportunity to spread the fear now that something new and unfamiliar is coming to town(the casinos)? Compared to the existing singapore pools, aren't the casinos taking in a much smaller commission?
In fact, if money is to be gambled, isn't it better for it to be gambled on the casino table/markets than at singapore pools, where every weekend, i see long lines of hopeful singaporeans queuing up to throw their money away?
You like to talk about the earth orbiting the sun. That is relativity. Relative to the high commissions charged by the 4D system, is the casino not a boon to those who need to expend their gambling urges? Is the forex/stock market even more so?
Why have you been quiet on the biggest ripoff gamble of all?
Is it because you never bothered to calculate the odds?
Is it because you don't even know why odds are important?
Or is it because you don't really care about what gambling is, and all this is just an attempt to sell more of that useless book of yours(which i have to repeat, is a book on the dangers of gambling written by a man who has proven himself to be unfamiliar with even the most basic aspects of gambling)?