At Guerrilla Gamblers Club's forum, we are aware that using sure win system to con people is the oldest trick in the book, yet many suckers fall for it time and again. As they say in Chinese, "don't worry about using old tricks - the effectiveness of the trick is all that matter". This indicates that human nature had not change over time. It is using the same old stuff to appeal to the ever quenching greed.
XingCai covered a story about Michael Garner. This 53-year-old self-employed financial and pensions adviser abused his expertise to mislead people into his scam. He broke our enshrined rules by gambling money in his custody. As the gambling problem elevates, he had to steal more from the funds.
Like SavySeph, I too apply the similar skill set from trading into gambling. Garner had broken the golden rules in trading and that is to keep your losses small. As your guys know, I had posted in the forum many times that the best test for a trader's ability is the gambling table.
More on XingCai's Webpage.
It is sulkiness that cause financial expert to blow a fortune away in gambling.
ReplyDeleteTraders must be sore losers, that is the reason they can blow a fortune away.
DeleteI now understand that it is traders' arrogance that makes them bad gamblers.
ReplyDeleteTraders loose their discipline at the casino because they despise gambling. They deem it not good enough for their ivory towers trade.
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