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 when you are not schooled in trading and decides to trade because someone invites you to get along then you particularly gambling and not trading because, trading demands you know exactly what you're doing, the trading decisions you're making have to backed by rational analysis and not by your guts or luck.
A lot of newbie traders would say same thing about trading similar to gambling when they're lacking the knowledge because in as much as you're lacking in trading knowledge you're bound to losing each trade and it's no magic. The advise is that you should consider to try to perfect your trading skills than just trading out of ignorance and liken it to gambling.
If someone trades without knowledge and does not have the slightest understanding of trading, of course what they do is very similar to gambling because only luck can give them profits and I agree with you, everyone who wants to trade, of course, they must be able to understand well what they are doing so as not to make mistakes that make them lose the money they use to trade.
Learning to trade and continuing to practice to have these skills is very important for everyone who is new to trading, because it is very unlikely that a person can successfully trade without trading skills.