Online Money Making

[scorpion]

Right, every time you spin the wheel, the odds hitting L M or H is reset to equal. The past performance is not carried to future, so the next spin can hit either L M H equally (Odds = 12/37 or 32.43%). This we talk about the odds of individual spin, but when we talk about 16 spins as a whole then L will at least hits once in 16 spins. The odds of not hitting L in 16 spins is 0.1887% which is calculated by Odds = (25/37)^16, so Odds = 0.001887 or 0.1887% or roughly 19 times every 10,000 spins. In simple words, by stats if we spin 10,000 times, we will witness 19 times of "no L in 16 consecutive spins", 19 times of "no M in 16 consecutive spins", and plus 19 times of " no H in 16 consecutive spins".

Above is just a math/statistic thing.

[Cartoon]

Everyone , which is the better way to earn some extra money on internet?

[scorpion]

Toon, i have to say now it's forex that is best to make money with. It's 100% legal. Next best thing is referral/affiliate business; you get commission for promoting online products/services.

Dark side, no one can win in gambling as it's mathematically programmed to win over players. We can possibly make some money in hyips and autosurfs, but this is also like gambling, because HYIPs and Autosurfs are mathematically programmed to doom as they're ponzi.

[Cartoon]

I'm very confuse now scorpion , most of the indicator give the good result, but we can't predict what will happen to the market next second, even the news have release, but the trend of the market already go far away... and indicator can't predict the immediate change of the trend, that is why last time I ask everyone here what is the difference between trading and bitting

Anyone, any idea ???

[zztop]

Originally Posted by Cartoon

I'm very confuse now scorpion , most of the indicator give the good result, but we can't predict what will happen to the market next second, even the news have release, but the trend of the market already go far away... and indicator can't predict the immediate change of the trend, that is why last time I ask everyone here what is the difference between trading and bitting

Anyone, any idea ???

Hi,toon whats up again with you? all know the indi late !the price is the real thing.and fx is an otc..AS you have to predict where the hell price is going ,you are still in the betting stage. I dont know how you trade ,the style you trade. You still working right ?AS fx is 24 hr market .It take more of time what you got to trade fx .OR you are not a worker ,you are the boss , thats why you can trade in the office?or you do the EA? AS SCORPION expln how to be atrader that how it got to learn to be .Trading fx is a bussiness, you buy and you sell ,any direction you gona make some or some time lose some but in the end of the course = make some .I personally dont take fx market as agammbling zone .some said if some one cant make 10 clean pips(dont have to go with the trend) in 24 hour time ,one should start looking for other things to do.A kid with a stick can make millions of pips(trend follower)or mechanically trading strategy .I think you are in some khinda thranche .you dont belive in price action ,market , TA,FA and all you only belive in some think you wanna see the way you wanna be . FIND YOUR WAY BACK HOME BUDDY FIND A WAY BACK HOME. I have seen some people sell their blood ,sperm,spinal cord liquid and body parts,you aint a bit of that yet buddy .LETS forget about the pass and some pips that you did from the market. Walk around fx fisherman who knows you might find something intresting or Start a new beginning .

[gazuz]

Cartoon : the whole point of following trends is to make the most profit out of it, not to make all the profit out of it. The key to trend following is to accept losses. A lot of people see failure in trends because of greed. If you can't accept that you won't make all the money from the trend, then you don't belong in the market. What I'm saying is you'll never make prodictions of where the market will go in the next pip etc. You can, however, make a calculated guess that it will go with the trend if there is one and hope that it will. If it doesn't follow the trend then you'll have to accept a loss. Either you make wins and losses or you can make smaller wins and avoid the losses that way, get out soon and dont be greedy.

Thats my view on the trend following. Also I have to add, what you see that is a trend in a 15M chart can be a single candle in an 4H chart, a price doesn't jump instantly, thats why you take advantage of that by catching the process of the rise (or fall) of the market and make profit from it.


zztop : I don't understand what you meant by "some said if some one cant make 10 clean pips(dont have to go with the trend) in 24 hour time ,one should start looking for other things to do". Are you saying that 10pips/day isnt enough or is enough? If its enough I agree, my post about the compounding is my proof on this.

[zztop]

Originally Posted by gazuz

Cartoon : the whole point of following trends is to make the most profit out of it, not to make all the profit out of it. The key to trend following is to accept losses. A lot of people see failure in trends because of greed. If you can't accept that you won't make all the money from the trend, then you don't belong in the market. What I'm saying is you'll never make prodictions of where the market will go in the next pip etc. You can, however, make a calculated guess that it will go with the trend if there is one and hope that it will. If it doesn't follow the trend then you'll have to accept a loss. Either you make wins and losses or you can make smaller wins and avoid the losses that way, get out soon and dont be greedy.

Thats my view on the trend following. Also I have to add, what you see that is a trend in a 15M chart can be a single candle in an 4H chart, a price doesn't jump instantly, thats why you take advantage of that by catching the process of the rise (or fall) of the market and make profit from it.


zztop : I don't understand what you meant by "some said if some one cant make 10 clean pips(dont have to go with the trend) in 24 hour time ,one should start looking for other things to do". Are you saying that 10pips/day isnt enough or is enough? If its enough I agree, my post about the compounding is my proof on this.

HI gazuz yup it is I forget who say it some fx wize guy or some fx pro . It is better to lock the profit of 10 pips and compound it ,or ofcourse if some one have abetter strategy make abetter pips .

[scorpion]

Even 5 pips a day will make you a millionaire in two years time. Yes, compound it or setup an hyip to collect a large pool of fund to trade.

[scorpion]

I somehow believe in paid sportbetting picks. I think there're quite many legit bet pickers on internet. Sportbetting unlike forex has very low max-bet limit. Some bookmakers allow only 1k to 2k max, so even experts in picking bets will not make big cash from their picking skills, so I think those experts must find alternative way to earn more by selling their picks on the net. They can make much more money by selling their picks than betting for themselves.

I've just came across a thread at http://talkgold.com/forum/showthread.php?t=66111 The guy known as Buster06 has proved his talent by picking 52 matches, 42 of them won, only 10 lost. That's amazing result. So far he has earned $45,000 from $1,000 capital.

What do you think? is this a jackpot?

[gazuz]

I just want to comment on the "max 1k to 2k" it's not necessarily true, I saw some bookers that said they would accept 50k max on bets as long as they were made by phone, now I don't know why though..

Anywho, this guy pretty much chooses some rather close bets. What I mean by this is that my plan I could get 63 right bets and 2 wrong ones except the odds werent in around 1.93 they were around 1.1 meaning I made 10 dollars from every 100 spent and so didn't see much in there.

What you have to watch out for is that he won't bail on you once he has enough money. Also look at the types of bet he makes. Over or under certain number of goals. With a little research you will most likely find out how he does this. By that I mean on the FIFA website for example, you can find out the team's rank in their defense etc. All you have to do is find out how big of a gap there is between one team's defense and the other's offense. If the gap is big bet that they will make over 2.5 goals. If the gap is small bet that it will be under.

I was thinking of doing that but also noticed I might need to be more of a sports enthusiast in order to get all this right. But you should check it out, if the defense of one is very weak and the other is very strong, many goals will be made.

Thats all I have to say for now about this..

And no you have not hit the jackpot, look at what he said:
"Thank you everyone for your support.
I will not be too much longer around, as I received some business proposals very very interesting from people with influence. It seems that few big-level investors were very impressed. I hope good things will happen."