>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?.
Who am I to say that your opinion is wrong, of course I have no right to tell you that what you say is wrong, that's your belief. But it's not bad to remind others, right? This matter has been discussed for a long time and until now it has not been resolved in reality.
Maybe that's because there are still others who say that trading and gambling are really the same in the reality of life we face, maybe it just depends on the narrative
that others hear so that they can say that there is no difference.
True, at some point his perspective is valid and some other people thinks the same like him. For some, both have no differences, but it will always depend on the situation or how you act in trading, what is behavior. But of course, they should also know that if you're trading with lacking some fundamentals of it and don't know how market works will just be similar to gambling, like blind trading to some good stuffs but don't have any analysis or goals to when is the right time. Gambling is luck-based while trading requires skills and brain in order for you to minimize the risk and have some profits, the reason why his perspective to trading is gambling is because maybe he's blind trading or clueless on what he's doing or maybe his fundamentals and knowledge is not enough to sustain his trading activity.