Quote from: barbara44 on March 27, 2022, 02:42:21 PM

Quote from: Fredomago on March 25, 2022, 05:08:53 PM

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.

Yeah, like when we play a dice game, we cant simply bet and roll the dice at the default settings or multiplier which is 2x because most of the times we can lose in an instant but a skilled gambler will modify the setting and use a different multiplier to lessen the risk of losing and to greatly increase his chance of winning but no matter how you follow your start, losing is sometimes unavoidable and the same thing can happen to a high skilled trader, they can experience to lose too even if they are not completely gambling or relying on luck.

All of us know the difference between the gambler and the trader but we sometimes relate one another because they have similarities.

Both have got similarities in terms of risk. Trading is low risky whereas gambling is high risk. When you gamble, you make a bet and the result will be a win or loss. With trading you make a trade and here you won't experience complete loss, which means the market decline will get reduced from the capital. With gambling the capital gets lost.

What is being said above as changing of default settings or making the bets varying the winning chance were the strategy. It can be learnt out of experience. With trading skills and continued learning is a must whereas with gambling luck is enough to win.