I have been reading through many of the topics on gambling and based on my knowledge of trading I had to think of something that if people treat gambling the way they treat trading will that increase their chances of success?
It never works completely with that. If a gambler treats gambling as trading, they'd rather choose trading instead. But I say it was not the case where gambling and trading are the same. It's too difficult to increase our odds of winning in a game of luck. Unlike in trading, it is possible if we have enhanced our knowledge and skills. If many gamblers lose money, many traders do the same.
But why do some people choose to gamble over trading? Because it is not about money and chances, but rather about life satisfaction and wants.