Well now you are talking odds and limiting risk. Still very important factors in all forms of gambling.
And yes the stock market is a form of gambling, and it has odds, and there is risk. I would not go to Vegas and put it all on 32 because of the poor odds, and risk versus reward. AND THAT IS THE OLNY REASON I WOULD NOT DO THAT.
If somebody of extremely good source told me that the roulett wheel at the golden Nuggett was going to hit 32 everytime between the hours of 1PM and 3PM on Thursday of this week. I would have no problem jumping a plane grabbing a limo at the airport and being table side at 1:05 PM Thursday to put enough on 32 to pay for my expenses to Vegas and make a small profit when it hits.
I have done no less on FEEL at this point in time. I am my own extremely good source of information, and I made the trip and put down enough to cover my expenses and make a good profit if the luck strikes.
Matter of fact I am playing several similar games of chance at the same time. It increases my odds or as Cramer would describe it... diversifies my portfolio thus reducing my overall risk.
Investing is legalized gambling, no less, otherwise there wouldn't be a giant Risk disclosure attached to your brokerage account application.
