There’s nothing wrong with being a gambler — as long as you know that’s what you’re doing. But calling it “trading” while acting on gut feelings is the fastest way to lose your stack and blame the market.
So… what are you really doing? Trading? Or just playing a risky game in disguise?
When we dream of getting rich overnight from trading, it definitely turns from trading to gambling. Greed can never give us anything good. It is our own fault because we cannot control our profits due to which we forget long-term investments and do risky things like short-term trading and futures trading in the greed of getting more quickly. Then trading behaves like gambling and then we forget that trading should not be treated like gambling. We understand this only when we are in a very big loss and cannot recover that loss.