Quote from: DaNNy001 on April 21, 2025, 01:59:59 PM

Quote from: I_Anime on March 08, 2025, 09:46:17 PM

So lately I Dey see many post about the comparison if gambling and trading, our problem be say we nor wan learn we just wan earn , because we Dey see traders life style via social media , so we come picture trading as means to get rich quick not knowing “ is the hardest way to make easy money “.

I Dey talk base on experience when I start trading back then I nor bother to go deep in the learning aspect I just go for the basic knowledge, with the mindset of if the price come down I go buy if e go up I go sell after everything I end up regretting my actions after countless losses if nah say I calm down learn first I for nor go through those kind losses .

We just wan go the destination without knowing or experiencing the journey, all successful traders went through this stage you are in now before getting where dem Dey so , Dey pass through the journey .

So drop some mistakes wey you know shey people Dey make for trading well well if you get any .

One simple thing that distinguishes gambling and trading is the simplicity behind gambling, anyone can decide to gamble without having the technical know how's of what to do, trading on the other hand isn't the same... just like something you said here, some people don't want to learn they just want to earn, this category of people are the ones that treat trading like gambling...one of the mistakes this type of people make is that they use signals from others to trade and because they feel like someone else is doing work for them they don't bother to gain knowledge.

I don't know why people compare gambling to trading, where the whole thing has a different basis. Gambling is where there is no skill involved, only sports betting requires research, not casinos, and in both cases luck plays a much bigger role. But trading, without complete skill, it is never possible to succeed, and if you are fully skilled, trading can even be considered a profession.

So both subjects have their own differences, they are never the same, and comparing them to each other is not logical.