What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip
I think something along this line has been discussed on this board before, but unfortunately, i can't get hold of the link to the thread right now.
Well, to answer this question on honesty, i personally think that most times actually, day trading does feel like gambling, I mean, there are many times a trader will not know what he or she is doing, he or she is just a coin or token hoping that is plays out on his or her favor, this is nothing different from gambling, or not far from gambling if i am asked.
And in personal view to this, i think one even have more chance of winning more in a straight up coin flip game, compared to blind trading which is nothing different from gambling as i have initially said, a professional trader should not gamble in the market in the form of trading, and newbies who know nothing about trading should rather play gambling than trade the market blindly, for in gambling, they probably will have a better chance of winning than trading the market blindly.