Post
Topic
Board Trading Discussion
Re: Why I think trading is no different from Gambling!
by
Luizwalter Crypt
on 08/08/2024, 18:07:58 UTC
>well am no fan of Gambling, due to my experiences in the past, I decided I would quit gambling.
But just few months after I quit Gambling a friend of mine introduces Trading. I mean I was captivated. I really wanted to make money.
I wasn't really schooled in trading but i just followed what the others did , but along the line I've just realized that it is seemingly not different from gambling considering the fact  that I've lost a lot of money.
Please, am I wrong in looking at trading this way?.


Well, the little I've known about trading is that it could be gambled and it could also be done knowledgeably.
For beginners they see it as gambling and follow it that way for as long as it would take them to get the right knowledge while for advanced traders they put the odds of the gamble to their favour by replicating what they've learnt in the past that works to their trades.
Please I don't mean the advanced traders don't lose. They do but the difference is they win more than they lose with the help of the knowledge they've acquired.