Post
Topic
Board Gambling discussion
Re: Gambling is like day trading ?
by
ethereumhunter
on 11/05/2020, 12:21:19 UTC
Technical analysis works well in the stock and currency markets. In the crypto market, I have seen enough cases when technical analysis made serious mistakes. I may have applied it incorrectly and these were my mistakes. However, it is true that gradually the more you trade you learn to do it better and better. And for a long period of time, a skilled trader will trade with profit.
When playing dice, you can't influence the result in any way with your ability, you only need luck.

The more we can learn, the more our chance to make a profit. Not just learn for another lesson, but it is also learned from your mistake that will give you another lesson. I also make a mistake in trading by analyzing the wrong entry point, so that makes me get lost, but that is not stopping me from learning more about analysis. It is different from the dice game as we know that we need to have the luck to win.

I have a friend trader and we argue with him often. I say that gambling is like day trading, he said shut up, trading isn't gambling.

But for some reason we are both nervous the same way, and we are doing analytics too.

You cannot argue with your friend because gambling is like day trading or not because he will have different opinions than you. But maybe both of you will agree that if you trade without analyze, then that will be the same as gambling.