There is no such thing as a magic money box, the increase has to come from somewhere.
The expectation that you can buy these things called "stock" and watch them grow in value is contrary to common sense. For every big winner, there are a dozen losers. Hard work used to be the way to earn a living, whats so wrong with that?
if you are the avg joe brown, yes it is gambling. Saying otherwise is like saying that increasing your reflexes increases your chance at slot machines. The system of stock market is a downwards spiralling pit. How many people have lost their entire fortune in the stock market? In the volatile capitalist market, there are analysts who use your investment for their own self benefit, not your own, and thus we see companies like nortel who filed for bankrupcy prtcn, hurting millions of investors.
Your comparison between gambling and stock trading is well presented but I disagree with your view. I have been in the narket since before the internet came along. The good thing about being in the stock market is I can make income while I sleep. A gambler, no matter how good he is does not earn while he is asleep. The history of the market shows more winners among investors than losers. Anyone who has a pension is invested in the market. Thanks.
@Featureman I disagree with what you say because gambling does not mean you are a long term loser and I'm not talking about the exception. I am talking about the average individual.
However, I do recommend you GOOGLE or DEFINITION search what the word "Gambling" means, because from my observation on the human species is that people do not know what gambling is.
I love gambling on sports and stocks its fun and exciting. As long as you keep it responsible you should not get into any trouble. Just do not gamble what you cannot afford to lose. I can tell you from personal experiance that the Gov is not doing Jack shit to shut the online gambling sites down. MasterCard has no problem sending money off to strange internet websites.
I love going to the casinos the bells the lights. Usually I bet chump change because I know the odds. But it still can be fun. I try to walk away from the tabels when I'm up and only for short periods of time if you gamble for too long the odds will catch up to you and the house will win.
The house will not lose, other losers will. Like in Poker if you make a bunch of money, you won it off of other players. Same thing is true there. However, the house plays their own game, and therefore if they lose, you would get it off of them.
I do all the time, and that is on real assets. Stocks is like a casino game and telling you picks is like predicting a sports game. This is worse, because it is more work and you need to know buy, sell, hold with a lot of waiting game.
I do give odd stock tips once in a while, but it has always been low, and will stay that way.
I want to go back and play again, I have $14 in casino chips to help me pay some rake. Big difference with online and real with the ability of reading skills. Making a call with AK high because of his weakness and the flush, straight miss seems so obvious. Or holding a great losing hand and laying it down because its obvious you are beat because he looked at his chips, had some hand shaking on the bet, sat back in his chair talking it up in confidence with major comfort.
There is no such thing as a magic money box, the increase has to come from somewhere.
The expectation that you can buy these things called "stock" and watch them grow in value is contrary to common sense. For every big winner, there are a dozen losers. Hard work used to be the way to earn a living, whats so wrong with that?
hiatusjosh 5 months ago
if you are the avg joe brown, yes it is gambling. Saying otherwise is like saying that increasing your reflexes increases your chance at slot machines. The system of stock market is a downwards spiralling pit. How many people have lost their entire fortune in the stock market? In the volatile capitalist market, there are analysts who use your investment for their own self benefit, not your own, and thus we see companies like nortel who filed for bankrupcy prtcn, hurting millions of investors.
ndrwplussine 5 months ago
Your comparison between gambling and stock trading is well presented but I disagree with your view. I have been in the narket since before the internet came along. The good thing about being in the stock market is I can make income while I sleep. A gambler, no matter how good he is does not earn while he is asleep. The history of the market shows more winners among investors than losers. Anyone who has a pension is invested in the market. Thanks.
Featureman 1 year ago
@Featureman I disagree with what you say because gambling does not mean you are a long term loser and I'm not talking about the exception. I am talking about the average individual.
However, I do recommend you GOOGLE or DEFINITION search what the word "Gambling" means, because from my observation on the human species is that people do not know what gambling is.
endlessmountain 1 year ago
I love gambling on sports and stocks its fun and exciting. As long as you keep it responsible you should not get into any trouble. Just do not gamble what you cannot afford to lose. I can tell you from personal experiance that the Gov is not doing Jack shit to shut the online gambling sites down. MasterCard has no problem sending money off to strange internet websites.
DjetGlea 2 years ago
Excellent video!
burnindownthehouse 2 years ago
I love going to the casinos the bells the lights. Usually I bet chump change because I know the odds. But it still can be fun. I try to walk away from the tabels when I'm up and only for short periods of time if you gamble for too long the odds will catch up to you and the house will win.
yboohcs 2 years ago
i paly pkr poker , they have free money games its not much , but still fun and i listen to utube while i play .
bookbinder66 2 years ago
Endless, are you still shorting the market? I gave up on the market last June. It's too manipulated for me.
jcattera 2 years ago 2
I like playing the wall street online casino, but as of now I am betting against the house and this time the house will lose and I will win.
marslaunchpad 2 years ago 2
The house will not lose, other losers will. Like in Poker if you make a bunch of money, you won it off of other players. Same thing is true there. However, the house plays their own game, and therefore if they lose, you would get it off of them.
endlessmountain 2 years ago
Want to talk about gambling? I can help ya. LOL
12 years a 1 day now.
Hopefl1 2 years ago
Wow, congrats on going 12 years without.
Its a nasty addiction/habit
endlessmountain 2 years ago
The stories I hear would blow your mind.
Hopefl1 2 years ago
A smoking hot vid,,, one of your best!
wcarlpdrysdale 2 years ago
Great Video!!! Please make a video on what are some good investments
loveguitars 2 years ago
I do all the time, and that is on real assets. Stocks is like a casino game and telling you picks is like predicting a sports game. This is worse, because it is more work and you need to know buy, sell, hold with a lot of waiting game.
I do give odd stock tips once in a while, but it has always been low, and will stay that way.
endlessmountain 2 years ago
I thought starting at 2:07 you was about to break down?
Alcohol has played a big part in your life hasn't it.
connecttoyourenergy 2 years ago
Its been almost nine years since my last drink, and it gave me heavy damage into my 20s making it a decade of hell.
endlessmountain 2 years ago
very interesting, thanks
galikazoid 2 years ago
very true, im a professional poker player following the markets and I share your views
nep808 2 years ago 3
I want to go back and play again, I have $14 in casino chips to help me pay some rake. Big difference with online and real with the ability of reading skills. Making a call with AK high because of his weakness and the flush, straight miss seems so obvious. Or holding a great losing hand and laying it down because its obvious you are beat because he looked at his chips, had some hand shaking on the bet, sat back in his chair talking it up in confidence with major comfort.
I miss those days.
endlessmountain 2 years ago
@endlessmountain u been playin poker?
Yamakashi1 1 year ago
exactly the same. socially/politically correct:-[
fatpius 2 years ago
" BRICK" = window
banks = poverty
products= jobs
crooks = government
government =goldman sachs
word association if my analist said the first word. If i could afford an analyst. LOL
1mealperday 2 years ago
Thank you!
Qualitatively 2 years ago