- We should not compare the two types together, because trading is invest, gambling is depend on luck, very difference
No, there are a lot of similarities across gambling and trading. For example, until making a position, you may use your knowledge and skill for trading after that it is just a gambling. Because you are depending on others for your profits, 100% similar to gambling.
when trading, we can control profit and losses, Not like gambling, we don't know when we lose everything
In gambling also, if you know when to stop then you will control your losses. Moreover in trading if you forget to put stop-loss then your losses will be a unlimited.
- I'm talking about form, not similarities
- I know it has similarities. In gambling you can not stop, it is difficult to control yourself, but in trading you can calm down, think and to make a decision so you can control losses
- "if you forget to put stop-loss then your losses will be a unlimited", No no a trader, you need to determine the level losses before trading, you can not forget because it is the most important thing in trading