Guys, there have been too many comparison between gambling and trading and some people says that gambling is totally different from trading while some people also think that they are both the same. Personally I believe that they have similarities in some things but they are completely different. That was my believe not until I saw a discussion comment that said that gambling is 100% the same as trading and while I argue that they are never the same, I even told them that there is no stop lose in gambling but it's there in trading. I was told that the cash-out feature in casinos is the same thing as stop lose in trading. I have been thinking about and I decided to bring it here. What do you have to say ?
To some extent you may not really differentiate between gambling and trading cause their similarities speaks alot about it but initially they are two different things altogether but have same end products, which is to say gambling and trading are to be placed sides by sides but they are different in the sense that ij gambling you end up being addicted when you can't control your habits but in trading I'm bot sure about being addicted to trades. What is found is loosing and stopping but in gambling you lose and turn addict for chasing the losses.
Following that sentiment, in trading when you lose your money you have that fear in you not to push forward, not speaking in general but in some instances, there are so-called traders who experienced loses then quit away and call trading as scam ventures, while with gambling, after you expereinced loses you are intend to push forward by adding more money to your balance.
And like what you said, you can turn to addicted gambler if you unable to handle that kind of pressures, the concept which mostly trick a person's mind is the possibilities that you can earn money. You need to work on it and make sure you have that full control to avoid that missconception and be safe with whatever venue you choose to use..