Quote from: defxor on September 02, 2011, 03:43:21 PM

Quote from: bonker on September 02, 2011, 10:40:49 AM

There is no chance in trading, you've just got to learn the rules.

I'm sorry, but if you want to participate in a serious discussion I suggest you do it from a non-troll account. While I applaud the troll posts you have in your posting history (some of them are really really funny) it's just impossible to take anything you write seriously even if that would suddenly be your intention

I agree some of his posts are hilarious.

But, there is no chance in trading. There may be factors unknown to you, but that does not make it chance. Everyone is placing conscious bid/sell orders and the bots are running according to algorithms dependent upon set parameters.

The more factors you are aware of, and the more you can understand the interrelationships between these factors simultaneously, your returns will be better.

I said this in another post, but chance in itself is a bogus word.
Saying something is due to chance is saying that acausality caused it.
Even probability theory doesn't rule out causality (e.g. the rate of decay of radioactive isotopes is said to be acausal) because one cannot assume that they can necessarily perceive/understand the logical syntax that guides this unique process. Just cause you don't understand it doesn't mean it was luck or chance.

And, the Bitcoin market is far from the probabilistic nature of radioactive decay.