Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Re: Trader don't speculate?
by
adzino
on 15/02/2019, 15:30:37 UTC
⭐ Merited by hahay (1)
Speculation is nearly the same like gambling, but trading is activity that the same like others business that we should be use risk management and trading plan. Beside that we should be have knowledge about technical analysis and how to predict trend of crypto market.

It is like gambling but with much better odds if you are actually an intelligent person.  I know even the smartest can get wrecked but more often than not you will have winning decisions if you are patient and don't fall for the manipulation.
Don't compare trading with gambling. Gambling and trading are two different things. Gambling depends totally on luck (talking about games like dice and slots) where you have no control over your bet amount. In case of trading, you have a better edge on controlling your losses. You can back out anytime from trading and reducing your overall losses (compare it with bet amount when betting. You can't remove your bet once palced. You either win or lose everything. But in case of trading, you want withdraw your investment and save some of it).

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