Shonn Campbell and Matt LaCoco talk about the magical potion of probability and to what extent trading is, in fact, gambling. They discuss how traders are just in denial about being gamblers, asserting that traders aren’t much different from professional poker players or card counters who use statistics to make their money. Shonn and Matt suggest that trading is merely card counting—with candles! They also talk about “the gut feeling” and how it’s essentially the intuition of probability.

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