What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip
Coin flip has a defined winning chance rate while day trading has a dynamic winning chance rate depending on how good you are on trading. So I say trading is more on gambling if you don’t know what you are doing such us newbies buying bunch of random shitcoins without doing research first.
On trading, you have a chance to improve your winning probability while gambling is purely relying on luck since you can’t improve the outcome no matter how good you are.
Well, I can’t say that day trading will fall as a gambling simply because you don’t rely on pure luck as you have your skills and winning strategies that will keep you an edge over the market.