in as much as people will say trading is just another form of gambling, i do not fully agree with that. even if they can look similar in some situations, they still have much differences.
gambling outcome is primarily determine by chance, and we all agree that in gambling the games are structured or designed to favor the house. while in trading, you are literarily buying and selling an asset whose price is influenced by supply, demand, fundamental, liquidity, information and market expectation. so a trader can potentially have an edge based on research.
The only time a trading will more like gambling is when a trader, randomly bets on shot term price movement, especially with a high leverage and no defined strategy or risk management.
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Though they look similar some bit, but there is still some kind of different between the both.
I'm gambling or or game betting, a random person can just make some random predictions, even if he doesn't know how to predict, he can mention the games and give the person the options he wants, and at the end, he can be lucky and wins, or sometimes also fails.
But in trading, it needs a high knowledge and understanding of trading tactics to be on wins and safer side. If you don't know how to trade, then you don't know. There are lots of E-Books on trading, teaching how best to trade, understanding trading signals, etc. if you know well, even though you must loss sometime, you could also win, but this is not the case with gambling.
The major similarity between gambling and trading is tye fact that they are much risky and there is no Assurant of winning or making profit at a stipulated time. You just do your own part and watch what happens.
You just pointed out a very serious difference between gambling and trading. Before you can be called a trader or before others can call you a trader, there must have been so much research and learning and good understanding of analysis, and this requires certain level of mental ability but in that of gambling, it can be done by anyone, people who can't read or write can gamble, even insane people can gamble. But trading can't be done by anyone to talk of insane people. Ordinarily, you don't need E-book to gamble.
