With all the information stated above, in my opinion, I would definitely prefer trading than gambling. Speaking of gambling, I still gamble seldomly but I have had numerous unlucky encounters with sports gambling to stay away from it. Humans are the most complicated creatures to predict. Instead, I prefer casino games. Since there is no emotions but luck it will always be my choice of gambling.
Well, IMO it all depends on what you as an individual likes. I am the type of person that doesn’t like gambling, and I have always stayed clear from it so if you ask me that kind of question I am definitely going to tell you that trading is the better option. But, that doesn’t mean that there are not people who are making money through gambling, some people are doing that.
I am seeing people who are investing money that’s worth thousands of dollars in gambling, and most of them around my side are into sports betting, that’s the trend for them this side. Some of them will place bets with these huge amounts of money and still lose them all. This is really crazy. Well, that can also be the same situation when it comes to trading but that one can be controlled by using stop loss.
Trading should not be overdone but its 24/7 market, so who knows the time may comes at any time for a day trader and when someone is so desperate about making money with their day trading is at high risk of getting depressed. Even the people who loves to trade needs to take break and spend time with their family and friends then just allocating separate time will lessen the risk.