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?*
The comparison isn't valid or fair. IMO, both activities are poles apart. Even though I acknowledge that trading is speculative in nature, there are guides as navigation tools called indicators to guard traders. I don't see that type of guide in gambling which rely solely on pure luck. From my little school boy experience of gambling, those who indulge it depend on chance to win. It's always an infinitesimal percentage that often gets lucky to win. As gamnlers struggle to win back what they've lost, the addiction to it sets in. They never eventually get to win back their losses, anyway. The only traders that would see trading as gambling are traders who think there are shortcuts to success or think trading is a Get Rich Quick scheme. To be frank, it's very stressful day trading. Traders should move on to swing and position-trading and save themselves the hassles of always watching paint dry.