Trading is like more like gambling if...

[Sexylizzy2813]

Whichever way we see it I believe trading is same thing as gambling without knowing exactly what will happen next, just hoping and wishing it falls in our favor, let's call trading and gambling the same and a 50/50 chance of getting it right, whether you have the right strategy or not when it happens to be in your favor nothing will stop it but the major thing is knowing what to do at the right time, like targeting the market movement when it goes up or drops and what next will happen, that's why we seriously speculate.

[liasbaa]

blindly following influencer signals or social media noise and dropping positions isn't trading, it's just pure degen gambling. back in the day i got burned by listening to chatter too, but u quickly realise there's zero survival route unless u map out the market structure urself and lock down tight risk management. no matter how loud the chop gets, if u don't build ur own logic and backtest it, ur just stuck in a buggy loop getting farmed by big whales and losing funds. solid knowledge and cold risk control are literally the only clean code to survive this brutal game.

Influencer signals sometimes work and some traders make profits. But this profit was a scam and ordinary traders cannot understand it. After getting a small amount of profit, they become more aggressive and use a large amount of leverage and they suffer losses. Trading is not a strategy taught from others, you have to monitor the market and learn and make decisions yourself. Market analysis yourself and decide the strategy that is convenient for you without being blind and influenced by others.

Influencers will tempt you to make huge profits but the best decision is yours. If you make any decision while depending on others, your own talent will be destroyed and you will lose money.

[Webutxo]

Receiving signals for trade when you have zero knowledge about trading is like the case of a blind leading the blind, where both the person who is passing the information and the person receiving the information are both doing it from the point of ignorance and not sufficient knowledge and understanding of the subject matter. It is never the best way or approach towards trading because it’s purely more like treating trading as if it’s gambling. The unfortunate part of it is, most newbies are not even interested in gaining such in depth knowledge about trading. They just want to make quick money without passing through the right process but shortcut.

People that trust trade signals are the most easy target to get scam. I have this school of thought that if you are a trader you don't need a signal and if you are making money from trading, you don't have to open a Channel for traders to make money. It's only traders that does not make money and want to use people as exit liquidity to make money. A real trader that makes money from trading don't even have time to be sharing signal for people.

A good trader that have conscience will only share trades ro public and let them to decide what they want to do after, he will even explain everything to them so they can follow him. Most traders that make use of trading views do this to get follower and build their community, people that gives trading signals don't use to even have real followers.

[Iranus]

Whichever way we see it I believe trading is same thing as gambling without knowing exactly what will happen next, just hoping and wishing it falls in our favor, let's call trading and gambling the same and a 50/50 chance of getting it right, whether you have the right strategy or not when it happens to be in your favor nothing will stop it but the major thing is knowing what to do at the right time, like targeting the market movement when it goes up or drops and what next will happen, that's why we seriously speculate.

Most people assume that as long as you have knowledge, experience, discipline, and good risk management, you are guaranteed to make profit. But they forget trading is still a game of probabilities. No matter how good you are, you can still lose without bit of luck on your side.

A lot of people will not wanna admit that. But the truth is, trading is basically another form of gambling, and there's nothing really wrong with calling it gambling.

Just look at the loss rates in trading and gambling, they're not that far apart, lol.