My question is : *How far is day trading from Gambling according to you?*
Is that a valid comparison?? Are we soon going to consider the day trading *gambling?*
Day trading and gambling are not the same, in fact they are very different, but people are making it the same. In trading, you have to analyze the market before trading, it is not a game of luck for experts but how to just make money, but gambling is completely about luck, taking the team that best qualify tonwinndoes not mean a bet can not be loss whole games like dog and horse racing, dice and roulettes are completely based on luck.
But trading and gambling are similar in some ways:
1. It can lead to addiction, if you are losing more than what budget for, then stop trading at the time, also stop gambling
2. No matter the type of trading, trading is gambling for beginners because they know nothing much about it and they will lose and lose before they have more know and experience
3. The probability of money loss is much more and more far higher than the probability to make profit.
But gambling is game of luck, but trading is not the game of luck for experts while it is basically gambling for beginners that just started.
So, but are though different but they are still also similar, more people that gamble or trade loss than win.