Quote from: ufalo3 on September 08, 2018, 07:12:47 AM

Quote from: 1NV3ST0NM3 on September 06, 2018, 10:26:01 AM

Quote from: mk3000 on January 19, 2017, 11:43:55 PM

How different is trading from just gambling? I know there seems to be a big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?

Yes trading is very much different from gambling. The only thing common is uncertainty. In gambling, a person trades on his luck only. In trading also, there is a luck factor but it is not the only factor. A person needs to have a lot of knowledge about the market. He has to make predictions about the market which is based on technical charts and analysis. So lot of technical work is there which makes trading more difficult than gambling.

Sure - a successful gambler is simply a lucky man but a successful trader is a guy, who has a lot of experience and skills. He works very hard every day to earn the money.

True and exact point at the same time well i may agree on it cause we all know how hard to be a trader as well we need to be more practical and be mindful person when you are trading though.