Quote from: GiftedMAN on October 18, 2023, 07:55:35 PM

Quote from: mak013 on October 17, 2023, 06:48:28 AM

Quote from: fingnome on September 25, 2023, 08:43:05 AM

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

Your chances to meet dinosaur is 50% you can meet it or don`t meet.
There are lots of day traders, but as for - it is difficult to predict small price changes and they mostly testing their luck. I prefer long distance and big price changes - it is possible to predict and difficult to lose, if you good in trading.

I think everyone need to go for what they prefer and what they can afford. Gambling can be rogue so we need to try as much as possible to go for what we really want. There are traders that do not make money like they ought to make that is why some traders still go into gambling to make more Money. The two terms is almost the same but little bit different. The different is just that trading need skill why gambling may not require skill so one has to go for what we know works for us. Those who trade need more things to learn and every traders keep learning no matter how good they are because the market chances at the slightest minutes.

If the trader begin to gamble to increase the profit it seems to be bad trader.
The casino functions and instruments are created for gambling. For trading there are exchanges. It would be better to use right instrument for right purpose.

Quote from: lionheart78 on October 18, 2023, 10:28:23 PM

Quote from: mak013 on October 17, 2023, 06:48:28 AM

Your chances to meet dinosaur is 50% you can meet it or don`t meet.

Dinosaurs are believed to be extinct so that is a 0% chance of meeting an alive one. or 100% of not meeting one Grin

.

It depends how to count.

Quote from: lionheart78 on October 18, 2023, 10:28:23 PM

Quote from: mak013 on October 17, 2023, 06:48:28 AM

There are lots of day traders, but as for - it is difficult to predict small price changes and they mostly testing their luck. I prefer long distance and big price changes - it is possible to predict and difficult to lose, if you good in trading.

Knowledgeable day traders does not depend on luck, they depend on their analysis of the market. One might not be familiar with technical analysis but is well versed in the market movement of certain stocks or cryptocurrencies.

Hodling is really the best strategy with Bitcoins but it does not secure us 100% profit since the future of Bitcoin is still uncertain.

Anyway i think that such trading need at least some luck. May be i just can`t trade so and it is only my problem.