Post
Topic
Board Gambling discussion
Re: Gambling is like day trading ?
by
Rohan Kotkar
on 06/04/2020, 18:50:00 UTC
We know that day trading or short time trading is like playing with wild fire, not may can handle it. That's y most player's end up in loss and very few are successful day traders.
Is that hold true for gambling also?
  There are posts here that gambling is addiction and how to get rid of.
Are there gamblers here who are in profit overall?
Well, we can change our luck in trading just by increasing our trade interval from day trade to weekly trade and hence we might perhaps land up in profits in trading but we can't actually change our luck in gambling. Gambling can eat up most of our profits if we do not assume gambling carefully. But yes, I liked the concept that day trading might be equal to gambling. Gambling means to try our luck onto some game and minor times to imply few strategies & the same rolls up for day trading as well atleast in crypto day trading due to the high volatile nature.

Most might end up loosing but a few would fill their pockets with profits much faster than anyone else. Even doubling their initial capital in just a day would be easier for such people.