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Whenever it comes to trading and betting we have one foot in success and one foot in failure, I feel much more secure in trading than gambling, apart from if I'm into sports betting I think there could be a 50/50 chance -50 that I have to win and lose, at least I see it that way in football, but in the case of futures trading it is something that I hardly know how to do, it seems to me that it is too risky, there are many strategies and many theories that they can make us win, but in hindsight it is something that can be learned and it depends a lot on our degree of intelligence and our own decision, sometimes in casino games we can have logic very well, but luck does not smile on us, and to me that is a noticeable difference.
Of course, these things are what I think about when it comes to futures trading, personally I see this as very risky, apart from the fact that I don't really know how to do this type of trading, I'm more into operating with trading in the medium or long term than in futures that is something so violent, he would open us how to do it because it would be like being in a casino playing, because the technical indicators for this type of trading are different due to the very high volatility, so it is easier to lose money if you don't even have the slightest idea of how to operate.}
Are there any traders who make their own platforms and who have their indicators, how do they do it? I'm not, but given their experience, they can do this kind of thing and I really admire it a lot. In this sense, I see that things here in the casino can be done in the best way as long as we don't let ourselves be surprised by the losing streak or because our logic fails us when we are in a casino, for that reason in a casino when it comes to games we have to guarantee the amount of money we are willing to lose, because there is no other way, we cannot risk everything that we have because it would be very irresponsible.
Yes, I understand your perspective. Both trading and betting come with unique risks and benefits. And I completely get why you say that trading is more hazy and unpredictable than sports betting, which feels like a 50/50 chance
It's acceptable that not everyone will enjoy it. You must determine what suits you the best. Also, developing one's own trading platform and creating one's own indicators is really cool. They appear to be participating in a whole other game
While you mentioned that you should only play with money you're willing to lose while talking about casinos, I believe you hit the nail on the head. Up until that point, everything is amusing, right?
What I believe is that as long as you are in control of things, nothing can get out of control, and when it comes to casinos, you should still have absolute control over all the money you are risking, when we enter a casino. that the money we have there can be lost, and it is very difficult to change the mental chip that some people have when they enter casinos, because most enter with the mentality of what they can win, what they can take, they never enter with the mentality of what they are willing to lose, and the same thing happens in trading, because of the announcements, the publicity that is given, we think that if we dedicate ourselves to trading it is to save a lot of money, and things are not like that.
I like to make analogies with trading and with betting, because I set that as a goal, I put the money that I am willing to lose both in the casino and in the exchange, after that I also set my goals, and in both cases I learned that the goals have to be precise, but not so big, that is, if I have profits, however small, they are profits, I take them and stop, then I analyze why I won, as well as in the casino, if I play and if I win something, even if it is very little, then I stop, because I stop with the winnings, if I keep winning, the chances are that what I have won I will lose and apart from that I will lose more and my despair will grow and I will want to make more bets to recover, and there I already lose, something like that happens with trading.
In futures I am honest, I have sometimes followed some groups that give free signals, and it seems very risky to do so, sometimes it seems as if I were really gambling, but no, it is something that is very calculated, there are many traders who They win doing futures trading and knowing, and leaving everything to chance, which is very different when we play slot machines, roulette in a casino, there is no way to establish a technical analysis for a slot machine, on the other hand, in futures trading yes and usually work, it is difficult but yes.