2. Transfer >25K in chips (high-roller capability), or whatever is reasonable amount of money for you
3. Play the tables
4. Figure out what the fuck you're doing while you're doing it
5. If you get over step 4, you probably think you have a solid strategy for winning against a casino. Now, automate the task by getting people to pay you for your new book/DVD and public talks.
"When I was young, people called me a gambler. As the scale of my operations grew, I became known as a speculator. Now, they call me a banker. I have been doing the same thing all along." -Sir Ernest Cassel
There are plenty of people who should not be in the stock market, and are basically just gambling.
But in the casino table games, in general, the odds are always against you. There IS no winning strategy.
In a market, any market, there IS a winning strategy at any given time, though the strategy will change with time along with the market.
The point of the PP was more "Pay $25k to go to school and learn about trading stocks" or "How to play with $25k on the stock market to force yourself to learn what's up in real life."
Either way you are out $25k, though in the second scenario there is the chance you may actually end up ahead.
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DIY Financian Engineering Lite Edition (TM)
1. Go to Las Vegas
2. Transfer >25K in chips (high-roller capability), or whatever is reasonable amount of money for you
3. Play the tables
4. Figure out what the fuck you're doing while you're doing it
5. If you get over step 4, you probably think you have a solid strategy for winning against a casino. Now, automate the task by getting people to pay you for your new book/DVD and public talks.
"When I was young, people called me a gambler. As the scale of my operations grew, I became known as a speculator. Now, they call me a banker. I have been doing the same thing all along." -Sir Ernest Cassel
I call shenanigans on that....
There are plenty of people who should not be in the stock market, and are basically just gambling.
But in the casino table games, in general, the odds are always against you. There IS no winning strategy.
In a market, any market, there IS a winning strategy at any given time, though the strategy will change with time along with the market.
The point of the PP was more "Pay $25k to go to school and learn about trading stocks" or "How to play with $25k on the stock market to force yourself to learn what's up in real life."
Either way you are out $25k, though in the second scenario there is the chance you may actually end up ahead.
What if you don't have enough money to go to Vegas at all?