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? For instance, will chances of success increase if people choose to bet on specific outcomes in the game as the game is on rather than the result of the whole game as many gamblers usually target. I think it will be easier to guess some specific outcomes in a game when you see how the game is progressing. What do you think of this?
Gambling is a game of probability and trading is based on changes or movement in the market. Even though they have some similarities technically they are not really the same. Applying the same strategies in gambling to trade would only make lose. Remember that anyone can gamble without having understanding anything but not everyone can trade. Their differences outweighs their similarities by far