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<blockquote data-quote="wilberforce15" data-source="post: 4759865" data-attributes="member: 5053"><p>it's not gambling, because my level of loss is locked in, and known, as well as the target price at which I might sell. </p><p></p><p>I can lose 8 out of 10 times, or even 9 times out of 10, and still make money, because my gains are significantly larger than the losses. It's math.</p><p></p><p>And I get way more right than 2 out of 10. </p><p></p><p>It happened today. I think it's pretty sure that all of those will be massively higher in 2 months. But that's not my game. I owned 9 things going into today. Only 2 went up. And I made money.</p></blockquote><p></p>
[QUOTE="wilberforce15, post: 4759865, member: 5053"] it's not gambling, because my level of loss is locked in, and known, as well as the target price at which I might sell. I can lose 8 out of 10 times, or even 9 times out of 10, and still make money, because my gains are significantly larger than the losses. It's math. And I get way more right than 2 out of 10. It happened today. I think it's pretty sure that all of those will be massively higher in 2 months. But that's not my game. I owned 9 things going into today. Only 2 went up. And I made money. [/QUOTE]
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