Quote:
Originally Posted by mikkom
You got my comment wrong.
Poker has a very easy way to calculate probabilities if your hand is winning or not. It has limited set of 52 cards that are always dealt with exactly the same way, exactly the same winning hands in exactly the same winning order in each game. And exactly the same set of rounds after which the game stops and begins from zero again (With different account sizes of course).
There is no such formula in forex. Poker is really a game of probabilities whereas forex is something much more complex (as are all the markets). And at the market, rules change. In poker they don't.
Note that I didn't say Forex is random, I only said that you can calculate probabilities with certainty with specified formula in poker but not in forex.
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ah yes --- when posting I was looking at both yours and the original post, and ended up combining both within my feeble mind ---
to be honest, I havent a clue as to probabilities (and to be honest will NEVER have a clue or even care, since its of no import to trading) but to the original poster is the direction of my post, and I hold to its reality assesment of the Forex mkt !
my apologies for my missed interpretation, but "gambling" and "forex" ??
There aint no comparison imo !
enjoy and trade well
mp