Action junkies

[BigSlick]

Just wanted to know how many other people also bet sports / gamble in addtion to play the market. Got in a discussion with a friend of mine about it. I could see how certain people are more prone to it due to their personality. And if you do, what kind of trader are you? Day, Swing, long, etc....

I could see day or swing traders being more of the gambler type or they just like the action.

Curious to get some other insight.

[bahroor]

poker..... daily

[TonyM]

I like day trades & swing trades but gambling is way too risky...at least a losing trade has the chance of becoming a winning trade in due time (not counting Vonage;)), however a lost bet is lost forever.

[MoMoney4Me]

I think of myself as a disciplined long term investor, but also do some momentum trading and swing trades.
I have all my retirement investments in index mutual funds in a Roth account and 401k.

I have a taxable brokerage account I use for my short term trades and use this account for income, buying individual stocks.

I also have 2 other brokerage accounts I set up in trust for my daughter and grandkids with instructions that they cannot have these funds until they're 30 years old.

I have a Mad Money account that I gamble with on Intrade.com buying and selling event futures on political, current, financial, weather & unique events.

I play baccaret and craps and fly out to Vegas 2 or 3 times a year usually late fall and winter, and own a second home in Gulfport MS and visit the casinos there and play about 12 - 15 times during the year mostly from May till September.

I refrain from sports betting.

[Svenwulf]

i have never been able to pull up a 10k on a roulette table.
trading for excitement is good for an early grave.
if you treat the market like gambling, remember rule #1: the house never looses.

[Billionaire Boy]

I go the racetrack with my dad sometimes. Other than that, not really. However I did go to the Atlantis Casino in the Bahamas, won $700 in one hour and lost it all the next. I ended up breaking even, which is better than how most people do at that place. I went there during the celebrity golf invitational and as saw tons of famous people in the casino.

[aiki14]

Occasional poker at the Taj in A.C. but for action I like twisting the throttle on one of my bikes.