Post
Topic
Board Trading Discussion
Re: Can trading be likened to gambling and how so?
by
Lanatsa
on 31/08/2022, 22:57:24 UTC
Both trading and gambling involve a lot of risk. Gambling depends entirely on luck and fortune. If the forehead is good then you can achieve good things in gambling.Again in trading platform also if you can trade with risk and if luck is good you can also profit there. If there is good fortune in the trading platform, you can also profit from it.But the key difference is that you have to take risks on both platforms.
but does a trader also just need his luck? Gambling also requires skills that must be possessed. I guess it all takes skill and luck if we're going to see how it works and the results it's going to get.
but if you look at skills, I think trading will require something more complicated to learn and understand than gambling.
I do not think that there is any kind of luck in Trading, if we say about gambling we can say one can be lucky but in trading it is all about skills, your knowledge about the chart and about the market. It is only newbies that go to trading withluck and we all know how they end up . The difference between gambling and trading is the luck and skill difference between them.
Luck do still play a role on trading even though not necessarily because it do base up with analysis and skills but there are indeed times that you could say that you are lucky on making up such position.

I had experience for myself that i had made out orders which is totally opposing on my analysis but it did turn out to be positive which is really something that you can call lucky
but you shouldnt really make yourself believe that it would really be needed most of the time since we arent doing gambling on the first place.

Trading could only be called gambling if you dont have the slightest idea on what it is.