Post
Topic
Board Speculation
Re: Trading is gambling after all
by
oddwh
on 26/02/2018, 06:04:54 UTC
For most of us, it's gambling indeed. This is not different than buying a lottery ticket, if you don't know how to analyze charts and understand the market.

95% of "trader" will lose money, when only 5% will win. Of course, these 5% have more knowledge than the rest. And it's easy to lose, generally, in the first trades, we win. But once we start to lose, we make mistakes to try to recover, so we are less patient, or taking more risks. When I discovered bitcoin, I tried to trade, and of course, I almost lost all what I had  Cheesy

Thanksfully, I didn't invested so much at this time.

If you want to stop gambling, go to a trading school and learn the basics. If you can't reconsider the question, you trade without knowledge, this will turn against you, for sure. So in this case, don't play all your stack on trading, just a small part. At least, you'll be smart and don't lose everything.