Quote from: OcTradism on June 29, 2025, 08:38:15 AM

Quote from: Egii Nna on June 29, 2025, 07:54:48 AM

I think you don’t understand my point, that is why you are saying all of this. I am not comparing gambling and trading, because I know they are two different things, and I understand how both work.

All I am saying is that those traders who are not patient enough to create a proper strategy and do thorough analysis end up becoming what I call “gambling traders.” They just keep trading like they are gambling, without any analysis, and hope to cash out big by the end of the day.

I don’t mean that trading is gambling, so please understand my point in a positive manner.

Trading and gambling are different but there is time it is the same like you said, it is when a trader does arbitrarily and emotional trade, it's more likely gambling. Without any consideration, any indicator use, any stop loss order and no idea of when to cut loss or close the position to exit the market and defend initial trading capital. If a trader does trading this way, it's gambling.

Trading is dangerous and it's not profitable for the majority of traders. It's not recommended to trade but if you do it, use one of the best weapons in trading.

Yup, as there are traders who thinks that they are doing it same deal with gambling, taking a big risk hoping that the train will be at their side, though some of them have that basis knowing that the chance of moving according to the directions that they pick will be triggered and they will be able to quit out before the direction will be change.

Though most of the time, making mistakes and treating things like gambling will lead you to lose big, that's where patience will be use, hoping and holding while waiting for your target position to let go.