Post
Topic
Board Gambling discussion
Re: Do you consider trading as gambling?
by
South Park
on 28/09/2016, 21:52:33 UTC
Trading actually involves a  deep study before you invest  your money or put your possession  in it. So for those people who just  listen to one or two articles, and then go  straight into trading for that stocks,  would be more like gambling.

Correct, trading needs a lot of knowledge and many times expert traders also lose a lot of money. It is not so easy like many people thinks, but if you go for a longer term, then you got a better chance of making money from trading than doing short term trading.
Not only that but short term trading requires a lot more time and energy since you need to watch the screen every day for hours trying to find any signal in order to try to predict how the market is going to move, by using a more long term strategy, you still need to be on top of things but not as much as with short term trading.
Exactly, that consumes a lot effort and time, you will only be successful doing that if you are a full time trader, in addition the new software which are the trading BOT could also help but since I have not used it I cannot guarantee that, others said that makes an easy for day traders.
I have heard of such Bots but I haven’t seen one in action yet, if those bots could be programed to do exactly what you would do then that will be a great way to automatize your day trading.

Bots are great and it could lessen your work. You can program it what ever you want but lot of sites now are anti bot so you cant test your bot over that site but really it is a kind of lazy thing you will do Cheesy
Really? That is odd, most of the trades happening in the world are now handled by computers whether as aids or as the decision makers, besides what could they do to avoid bots? Besides some captchas.