A really interesting article:
https://www.ft.com/content/8f9bbc77-06b1-4fbd-8b7e-6e381ba038a7 The gambling Addiction helplines are spread across the world and people are super aware of them as well. Right now apparently there is a news regarding people actually calling those helplines asking help for not their *gambling Addiction* but for their day trading addiction.
The article goes far to compare the gambling with day trading, the trading platforms according to the article are now much similar to gambling and therefore when they talk about investing and trading, now a days, the animation, the applications, the bright colours, extreme profit and addiction is making it much similar to gambling.
Apparently the apps are designed in such a way that they rewire a person's brain and makes it harder for them to leave that habit.
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?*
If you are not involved in arbitrage or high-frequency trading (which is essentially a type of arbitrage), then intraday trading is completely equivalent to gambling. It is naive to assume that in any way it is possible to guess random price fluctuations over short periods of time, it is no less naive than guessing the result of a coin toss based on the history of tosses.