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>Wouldn't go near gambling. There's no edge to be exploited other than
>perhaps in draw poker. Well that's not quite true - the house has the edge
>and they most certainly do exploit it.
Of course, the house hates card counters @ BlackJack, but then again
card counting is a lot like work.
BW
>From: "Mike Higgs" <moongateca@xxxxxxxxx>
>To: "Thomas Alexander" <alexander@xxxxxxxxxxxxxxxxx>, "David
>Folster" <mr_bond@xxxxxxxxx>, <omega-list@xxxxxxxxxx>
>Subject: Re: puzzling probability and roulette a la Mark Brown
>Date: Mon, 3 Dec 2001 12:48:55 -0500
>
>Tom,
>
> > But I am a little shocked. All of you traders responding but I don't get
>the
> > impression that any of you are actually gamblers. Are you? Any craps
>players
> > out there?
>
>Wouldn't go near gambling. There's no edge to be exploited other than
>perhaps in draw poker. Well that's not quite true - the house has the edge
>and they most certainly do exploit it.
>
> > When I can be relaxed, at-ease and fixation free in that paradox, I'll
>call
> > myself a professional trader and my account will happily reflect it.
>
>FWIW, successful trading is boring. It has no emotion. There's no
>attachment, no beauty. With all due respect, I would highly recommend cold
>showers to dull the emotional fervour. Then go looking for tools that
>substitute for cold showers.
>
>Regard,
>Mike
>
>
>
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