Post
Topic
Board Trading Discussion
Re: Journey from gambling to trading
by
tenakha
on 01/11/2018, 12:39:06 UTC
Depending on how you trade it is still gambling.

You are like betting the price will move on the direction you bet.

Because without knowledge capital then you just go back to gambling in trading. you have to learn first about the market, its changes, what instruments affect the market, how to analyze and so on, don't let you try but you don't understand it, because you dont want to repeat mistakes the same as in gambling right?
Being knowledgeable about the market doesn't guarantee earning. Surely, before you start trading you should learn everything about it, but if you are not going to practice your knowledge, no point to reading. Imagine that reading is as first step and applying is second step and you need both steps to walk.