Addiction to Online Investing & Computer Gambling
 The perfect storm, the antichrist, the feared to be reaper has come to our homes
probably near the recliner and 13 steps away from the refrigerator. Easy money.
So easy an idiot can play with the entity. The E-Trade baby can do it. And the
drunken Persian too. Make money without sweating, sitting down, probably for
hours with serotonin charging our brain's neurons, locking us in place. And food
is handy and your computer is your best friend.
Online Stock
Trading
Online stock trading is
advertised as investing but it's gambling. Your going to lose the money you made
by the sweat of your brow. You're to stupid to win. Gamblers Anonymous won't
ever get your call. Sorry about that stupid remark; its just that no one is that
smart enough to beat the system. And that system is complex. You have to
challenge the scammers, the defrauders, computer programs, inside traders and
your own natural addiction.
 Watson, a computer, beat Ken Jennings and some other best genius player on
the Jeopardy game show back in early 2011. Just think how cunning Watson's
offspring is today. Yet millions of people will bet their own money to beat
computers (pre-programmed to win) by various means. The stupidest is to play
online poker from your own home. The next stupidest is to drive to an "internet
café" or a "Legitimate Casino" to play the "slots" expecting a monetary return
in exchange for being entertained. If you read my last article on YurTopic.com I
proffered God does play dice with the universe (opposite of Einstein's
conclusion); you'd be wise to play craps. Sure the house still has the
advantage, but it's not rigged against you. If you want to have a thrill in an
honest contest without any thinking involved just take $5000.00 and put it on
Red at the roulette wheel and walk away with $10,000.00. (it's almost a heads or
tails bet). But don't sweat it. If you lose, just put $10,000.00 on RED again
and run away with $20,000. If by chance that rolling orb goes into a black hole
or the colorless 0 hole (never play a roulette wheel that has a 0 and a 00 hole,
that's the house's only edge and the extra losing hole increases the house's
advantage significantly) and you've just lost $20,000.00. You guessed it; put
$40,000.00 on the next spin of the wheel. Like shampoo (rinse), bet and repeat
(double down). Certainly RED's got to show up once before there's no more money
in the world. And again God is on your side. By the way, COMPUTER roulette is
programmed to win. I'd hate to face the wrath of Intel if it had to give you
$160,000.00. I'm sure there would be a glitch.
Computer Glitches
One day, a
computer glitch
back in 2007 at the New York Stock Exchange slices
$1 trillion or so off the value of the U.S. stock market. A huge one on the New York Stock Exchange
(NYSE). The computers had a cascade failure and in seconds the stock market
dropped into hell.
The poor yolks in their chairs sitting in front of their computerized
Scottrade, E-Trade, Ameritrade, and the Ferengi Exchange portfolios, were now on
the floor trying to put their fingers in the computer's electrical outlet. They
were stopped lost out. Brokers wisely suggest using stop-loss limits to prevent
a stock from going further below a predetermined danger level. All their
positions in the market were sold out at crushingly low prices before the
computer restored stock prices to normal much higher levels. Brokers now say to
use stop-loss tactics wisely. Thanks.
Penny Stocks
You've seen the ads. Better off to hand your money to a Ferengi
gold pressed latinum trader.
You can Invest. You can EARN money. If you work. Read and study and get free
advice or purchased research. The SeekingAlpha.com site is free and educational.
There are others too; InsidersLab and Zacks or Schaffers free trials will shift
odds greater to your favor.
Jim Cramer's Mad Money show at 6 pm est on CNBC will educate you also, but
here's a secret: he'll pump up a couple of particular stocks every evening. You
can watch the price of each of these stocks rise as you watch your online
trading platform at the same time he's talking. Don't buy it. Short it. When it
hesitates around peaking. Those stocks are always overbought and more than a few
people already knew what stock to buy before he pumped it. And they want to sell
later to take their profits. (Don't sue me Jim, I don't know that for a fact,
it's just an opinion based on observation). But observation and investigation is
what an investor must do before he calls Gambler's Anonymous.
Conclusion
But still remember your opponent are computers even smarter and faster than
Watson. Placed on billion dollar real estate, just for the simple fact that the
wires connecting them to the stock exchanges are shorter than the other
computers that they are also competing against. Even data traveling at the speed
of light will get first to the computers closest to where the action is. 1000
feet makes an advantages difference to a high frequency trading (HFT) computer.
That's a machine that trades stocks millions of times in a second. And there's
lot's of them. And the wires must get even shorter. Programmed by engineers and
IT scientists and brilliant mathematicians lured away from MIT University and
IBM advanced artificial intelligence labs. Lured by money. Big money. And that
money must come from somewhere and someone. And that someone is you. They want
that $5000.00 from you and me and every investor (gambler) in the game of stock
trading.
But that roulette wheel would like that $5000.00 also. Hopefully only God is
deciding where the wheel of fortune can go. He may take attendance at church
(Big Bang rip-off) but we know he'll play dice with the universe and won't
notice you entertaining yourself with your hard earned rent money.
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