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Author Topic: Gambling is like day trading ?  (Read 2812 times)
Shasha80
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June 04, 2020, 10:48:12 PM
 #401

I do not agree that gambling is the same as day trading, because for me gambling is only as entertainment. While day trading it is done
to be able to generate profits, and with day trading can get income every day. Then you call day trading like playing with wild fire, whereas
if we have good market analysis skills and always use stop-loss. Day trading is quite safe to do. In my opinion, very few number of gamblers
can profit every day, while quite a lot traders who can profit every day.

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kawetsriyanto
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June 04, 2020, 11:14:20 PM
 #402

~ on the other hand there is indeed a similarity about a risk, but if we can do it with full calculation then I think trading and gambling will be fine to do.
Surely, both trading and gambling have risks, even how much the percentage or level of the risks can be a bit different. In this matter, I agree that they have similarities. Although trading may have a lower risk, it can be as risky as gambling when you trade without sufficient knowledge. Well, it depends on the individual and the way he makes it. Anyway, what do you mean by saying "full calculation" on your statement above? Are you trying to say "deep analysis"?

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Triffin
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June 11, 2020, 07:19:26 PM
 #403

I do agree that day trading is a lot like gambling... although traders seem to have more tools and theory, the market is so small and so prune to control by a few whales that it turns to be a lot like gambling, a matter of being lucky when your move fits the whale interests... although it is not always like this and there are a few that can actually get something from all those chart theories...
Gambling and trading are not same, because in gambling you take risk and you win as there is s much part of luck in getting succeed but in trading the only thing that can make profit only by having knowledge about trading without knowledge you can never get profit at single try of trading but in gambling if you are lucky you can win at first try as well.

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June 11, 2020, 07:45:05 PM
 #404

~ on the other hand there is indeed a similarity about a risk, but if we can do it with full calculation then I think trading and gambling will be fine to do.
Surely, both trading and gambling have risks, even how much the percentage or level of the risks can be a bit different. In this matter, I agree that they have similarities. Although trading may have a lower risk, it can be as risky as gambling when you trade without sufficient knowledge. Well, it depends on the individual and the way he makes it. Anyway, what do you mean by saying "full calculation" on your statement above? Are you trying to say "deep analysis"?

   Where money is involved there are risks. In gambling and trading we risk what we have to gain more, and
some people are successful in that, some are not, it's on each of us to try and to check how it works.
   Kawetsriyanto I agree with you that everything is on the individual level, for some gambling is better, for
others trading, both have risks, but who don't risk can't make profit.



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