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.
I agree with you, we could say that day trading is more like gambling if you're unsure on what you're doing or you have no idea how it works and Some traders should know how to control their emotions. well, everything is easy to learn if you are really interested, we have a lots of accessible tools that will help to do some research regarding this matter.