Member-only story

The Remarkable Story of the Gambler Who Beat the Odds on Wall Street

Cade Simmons

·6.5k Followers· Follow

Published in Play It Right: The Remarkable Story Of A Gambler Who Beat The Odds On Wall Street

5 min read · 4 weeks before

859 View Claps

78 Respond

Save

Listen

In the high-stakes world of Wall Street, where fortunes are made and lost in the blink of an eye, it's rare to find someone who has truly beaten the odds. But that's exactly what Bill Benter did.

Play It Right: The Remarkable Story of a Gambler Who Beat the Odds on Wall Street

by Kamal Gupta

5 out of 5

Language	:	English
File size	:	1667 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	232 pages

Benter was a professional gambler with no formal training in finance. But he had a knack for numbers and a deep understanding of risk and reward. He used these skills to develop a unique trading system that allowed him to consistently beat the market.

Benter's story is a fascinating tale of how an outsider with no experience can achieve success in one of the most competitive industries in the world. It's a story that will inspire anyone who has ever dreamed of making it big on Wall Street.

From Gambler to Wall Street Wizard

Bill Benter was born in Hong Kong in 1957. He grew up in a family of gamblers, and he began gambling at a young age. He quickly realized that he had a natural talent for the game, and he soon became one of the most successful gamblers in Asia.

In the early 1980s, Benter moved to the United States to pursue his gambling career. He quickly became one of the most successful gamblers in the country, and he soon expanded his operations to include sports betting and casino gambling.

In 1992, Benter decided to take his gambling skills to Wall Street. He had no formal training in finance, but he was confident that his understanding of risk and reward would translate to the financial markets.

Benter started out by trading stocks, but he soon realized that he could make more money by trading futures contracts. Futures contracts are agreements to buy or sell a commodity or financial instrument at a set price on a future date.

Benter developed a unique trading system that allowed him to profit from small price movements in futures contracts. He used a combination of technical analysis and statistical modeling to identify trading opportunities.

Benter's trading system was so successful that he quickly became one of the most successful traders on Wall Street. He made millions of dollars in profits, and he was soon able to retire from gambling.

The Benter Way

Benter's trading system is based on a number of key principles:

Risk management is paramount. Benter never risks more money than he can afford to lose.
Trade with a plan. Benter always has a clear trading plan before he enters a trade.
Be patient. Benter is willing to wait for the right trading opportunity. He doesn't trade just for the sake of trading.
Learn from your mistakes. Benter makes mistakes like everyone else, but he learns from them and tries to avoid making the same mistake twice.

Benter's trading system has been proven to be successful over the long term. He has consistently beaten the market, and he has made millions of dollars in profits.

The Gambler's Edge

What is the gambler's edge? It's the ability to see the world in a different way. Gamblers are used to taking risks, and they're not afraid to make bold decisions.

This gambler's edge can be applied to any field, including investing. If you're willing to take risks and make bold decisions, you can increase your chances of success.

Bill Benter is a perfect example of how the gambler's edge can be used to achieve success on Wall Street. He had no formal training in finance, but he was able to use his unique insights to beat the odds.

If you're looking for a way to improve your chances of success on Wall Street, then I encourage you to learn from Bill Benter's example. Embrace the gambler's edge, and don't be afraid to take risks.

Bill Benter is a true pioneer in the world of investing. He has shown that it's possible to beat the odds on Wall Street, even if you don't have any formal training in finance.

Benter's story is an inspiration to anyone who has ever dreamed of making it big on Wall Street. It's a story that shows that anything is possible if you're willing to work hard and take risks.

If you're interested in learning more about Bill Benter and his trading system, I encourage you to read his book, The Gambler Who Cracked the Market.

Bill Benter, The Gambler Who Beat The Odds On Wall Street Play It Right: The Remarkable Story Of A Gambler Who Beat The Odds On Wall Street