Do Casinos Make Money? Yes. The odds are predetermined by the game (and usually set by law). The odds are set so that the house always has an "edge". The house does not win every roll, spin or deal, but the house will ultimately win over time, that is, over hundreds of rolls, spins etc. Even in a simple game like playing Red/Black on a roulette wheel, the house has the edge because of the 0 and 00 (green) slots. The player has a 47.37% chance of winning but the house has a 52.63% chance of winning on each spin. For more details: In casino games, the odds are stacked against the player and there is no way to get around them. How Does This Relate to the Stock Market? In the stock market, the odds are also stacked against the player but there ARE ways to get around them. On the other hand, the stock market can be more dangerous. Unless you are careful, the market could take away ALL of your money and a bad, highly leveraged trade could put you into bankruptcy. This is why you need an edge and a reliable system. If You Trade Without an Edge, You Will Ultimately Lose Money There are a lot of hurdles in the market for the average trader. Similar to the green 0's when playing roulette, the market comes with built in hurdles which lower your chances of success. Here is just a quick list of some of the obstacles facing the retail trader:
Do you care about your hard earned money? If yes, then don't trade without an edge! So What is a Trading Edge and How Do You Get One? An edge is a way to measure if your trading strategy will result in a profit when followed over a long period of time (many trades). There are two basic ways to get an edge:
EdgeTrades is not a get rich quick scheme. It is a fully defined and well tested trading system with a quantifiable edge in the stock market. EdgeTrades is a reliable system which has been proven to work over many years in many market conditions. Key Points To Remember:
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