Quote:
Originally Posted by CaptainYooh
Of course, it is. The probability of getting heads on every toss is always 50%, no matter how much knowledge you have about the coin, its production, environment in which you toss, your tossing technique etc. The same has been true for predicting natural gas prices– they either go up or down.
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I don’t see either as gambling. Your just selecting a risk profile you are comfortable with.