Post
Topic
Board Trading Discussion
Re: A few key points distinguishing traders from gamblers
by
carlfebz2
on 10/02/2022, 21:27:36 UTC
~snipe~
The photo you've got displayed there is quite small and really stressful trying to stretch the length of my eye sight. Though, there exists a distinct difference between traders and gamblers. Even at that, we can't ignore the fact that, some traders actually gamble on trades rather than doing the actual analysis to arrive at some logical conclusion that could necessitate you taking a buy or a sell on a trade. Besides,  what can we say about spot trading,,, doesn't it employ the gambling concept  about it?

Gambling is pure luck as it could always take any side but trading, tarting have got pointers that gives you an insight on what direction the market is going to turn. You just have  to do your analysis diligently.
For some newbies, trading makes it too hard for them so their trading style falls more like gambling. And its not surprising because they often lack the experiences that a good trader must have. But as newbies keep experiencing and learned from them, and with due diligence on gaining knowledge and creating good market analysis, they will be good traders in the end. However, gambling do not need market analysis and special strategies, so the chances for losing is still high compared to trading.
When you do goes into a point that you cant understand everything or something then you would really be able to make yourself to have that gambler like kind of behavior on which it would really be normal.

You dont know on what to do which it is normal for someone to take step without even thinking about the risk and they would only learn when they do experience problems later on which is a normal reaction too.
You wouldnt really able to realize things when you dont experience unfortunate events but this is actually part of reality on which you would need to get past through before anything else.