Post
Topic
Board Trading Discussion
Re: A few key points distinguishing traders from gamblers
by
Fredomago
on 25/03/2022, 17:08:53 UTC
well, the very big difference i know from gamblers and traders is, gamblers purely expect luck in doing that, while traders are based on analysis, research and also other things to get it. Moreover, in the world of traders you are not risking your money 100%, even when the price drops, you still have the same amount of assets. whereas in gambling, when you lose, you lose everything.
Traders and gamblers share a common thing, both have risks. But traders have their own way to lessen the risk because they make preparations prior to trading. And by making theirselves exposed to technical and fundamental factors in trading, they create higher chances to win their trades. However, gamblers do the opposite thing. They always gamble with no preparations, just pure luck. And when they start to gamble, they mostly go all in. So they end up losing everything.

Not in general, I mean, there are also gamblers who creates their strategy and make sure to follow in order to take advantages, experienced gamblers are same with experienced traders, they are good in analysing the possibilities, with hands on experienced they also anticipate how would be the turnaround of their gambling. But unlike with trading, there are many aspects that influence the market while with gambling, most of the time it's luck that influenced the wins.

High-risk if you just simply put your position and not to study how the business works, trading can be learned while in gambling just like what I just said, more on luck base to win.