Successful speculation

I’d say that gambling is the wrong term. Gambling involves taking a risk when the odds are against you. For example, betting on a lottery or playing a slot machine are forms of gambling. I think successful trading, or poker playing for that matter, involves speculating rather than gambling. Successful speculation implies taking risks when the odds are in your favor. Just like in poker, where you have to know which hands to bet on, in trading you have to know when the odds are in your favor. –  Victor Sperandeo

Successful speculation

Igor Marinkovic

Electronic engineer, futures trader and property investor and total beginner in making good web sites