Quote from: Kemarit on July 03, 2018, 04:51:44 PM

Quote from: anhchangdeptrai13 on June 28, 2018, 01:42:43 PM

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

There's a thin line between trading and gambling. In trading you really need to focus and should not let that simple slip, otherwise you will really suffer the consequences. So you need a lot of discipline and mental toughness and not to be too greedy, otherwise you will fall in the gambling mindset and the last thing you know, you have lost everything including your capital. I know its really hard to control our emotions here, but if you can't then I guess you should really go on gambling and try your luck there.

A very thin line I must say! The thing is that trading in itself is predicting an outcome and expecting the outcome to be in your favor which is actually where the meaning of gambling comes in. However, the good thing here is that we can use some information through different form of analysis to predict these outcomes and hopefully we get to experience a positive one but not without still having a strategy to stop loss in case things go wrong.

All these makes it different from real gambling but makes it a profession but anyone without such knowledge to trade effectively is indeed a gambler when it comes to trading.