Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Franctoshi
on 17/08/2024, 18:41:48 UTC
Trading is risky just like gambling but trading is nothing compared to gambling. In gambling, you will always need luck, but in trading, you can solely depend on your expertise and flourish in it if you know your way out. But the issue with people is that they do not know how to trade but are just forcing things, this is why you can even compare trading with gambling Still, what I agree with you on is that people can resort to investing instead of trading as a less risky option. But it still has to be strictly engaged, otherwise, an investment could be silently more dangerous than trading at times. DCA is also a very good investment style but we should not let it enter our heads as a safe haven for investment as it on this thread. The right application is key.
People are comparing trading to gambling due to the high risk they both involve. A lot of people are losing money in trading just as they are also losing in gambling, and that is why they always compare them. Even gambling is not fully based on luck; if someone can analyze it well, there is always a better opportunity to win than for those who just want to fully rely on luck. Let's know that we have different types of trading; some types of trading are akin to gambling.
Quote
I agree with you on this gambling isn't just all about luck alone, but combination of knowledge and experience to have a better wining rate

And yes, trading is risky, but way more controlled than you would have control over gambling, Basically, those you would see complain about trading being as gambling are these category of traders who might have in one way or the other had gambled before and it didn't work out for them or maybe currently are into gambling but has come into the trading world with a gambling mindset, where you have them gambling the market and calling it trading, lol.