Post
Topic
Board Trading Discussion
Re: Trading futures without knowledge of chart patterns, is gambling not trading
by
7788bitcoin
on 08/05/2021, 20:44:30 UTC
I believe this is what OP is emphasizing; trading in futures without enough skill, must be having more risk to lose; that is obviously equivalent to gambling.
If you are able to keep things simple and stick to the basics of getting into the market when the market is on a bull phase and then have the patience to hold for the long term then you will not end up in a loss. In cryptocurrency you cannot be trading successfully even if you have the charts and patterns as it does not give you any concrete answer because the data availability is really small and with that you cannot make any meaningful assessment that could be helpful.