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IS DAY TRADING GAMBLING?
Oct 10, 2023 at 14:22
Vistas 624
9 Replies
Miembro desde Oct 05, 2023
posts 2
Oct 10, 2023 at 14:22
Day Trading is often used in the same sentence. Furthermore, the two strategies can help you make a lot of money by risking a small amount of money.
For example, if you spend $1,000 to buy a stock that rises by 10%, you will have $1,100 in that session alone. In gambling, you can risk $100 and make more than $1,000 in a single session.
In this article, we will look at the key benefits that trading has over gambling.
What is Trading Gambling?
Gambling is the process of investing a small amount of money in the hopes of making huge profits. There are two types of gambling: based on skills gambling and chance-based gambling. Roulette and blackjack are two examples of skill-based gambling strategies.
The lottery is the most popular type of chance-based gambling. You put a small amount of money at risk for the chance to make a large amount of money.
What is Trading?
For example, if you spend $1,000 to buy a stock that rises by 10%, you will have $1,100 in that session alone. In gambling, you can risk $100 and make more than $1,000 in a single session.
In this article, we will look at the key benefits that trading has over gambling.
What is Trading Gambling?
Gambling is the process of investing a small amount of money in the hopes of making huge profits. There are two types of gambling: based on skills gambling and chance-based gambling. Roulette and blackjack are two examples of skill-based gambling strategies.
The lottery is the most popular type of chance-based gambling. You put a small amount of money at risk for the chance to make a large amount of money.
What is Trading?
Miembro desde May 06, 2023
posts 9
Oct 16, 2023 at 06:49
Trading is not gambling by any means. It requires knowledge and analyzing skills, as well as risk management and capital management.
Apr 11, 2024 at 10:20
Personally, I think there are similarities, but also some pretty big differences. Sure, both involve risking money with the hope of making a profit. And yeah, you can definitely see some big gains in both if you play your cards right . But here's where I think they diverge: strategy and mindset. With day trading, you've got a bit more control over your fate. You can do your research, analyze market trends, and make informed decisions.
Miembro desde Jan 31, 2018
posts 16
Apr 11, 2024 at 10:25
It is gambling if you are not educated in risk management and good trading strategies. Once you have that you can put the odds in your favour
Miembro desde May 08, 2023
posts 97
Apr 19, 2024 at 13:27
Not at all, the most successful trader I know, day trades Gold. Always profitable, I don't even know how he does it, but I saw him make 85k in one week. That's an absurd number to me honestly. So if he is constantly making very good money, how is he gambling?
Miembro desde Apr 08, 2024
posts 43
Apr 25, 2024 at 13:48
tradingpet posted:
Day Trading is often used in the same sentence. Furthermore, the two strategies can help you make a lot of money by risking a small amount of money.
For example, if you spend $1,000 to buy a stock that rises by 10%, you will have $1,100 in that session alone. In gambling, you can risk $100 and make more than $1,000 in a single session.
In this article, we will look at the key benefits that trading has over gambling.
What is Trading Gambling?
Gambling is the process of investing a small amount of money in the hopes of making huge profits. There are two types of gambling: based on skills gambling and chance-based gambling. Roulette and blackjack are two examples of skill-based gambling strategies.
The lottery is the most popular type of chance-based gambling. You put a small amount of money at risk for the chance to make a large amount of money.
What is Trading?
Day trading and gambling are often compared, but they differ significantly. While both can yield profits with small investments, trading involves strategic speculation, not mere chance. Unlike gambling, trading relies on market analysis, risk management, and disciplined execution. It's about leveraging knowledge and skill to capitalize on market movements. While gambling offers potential windfalls, trading offers consistent returns through informed decision-making. In trading, success is not left to chance but is a result of diligent research and disciplined trading practices. Appreciate the insight into the distinctions between trading and gambling.
Apr 27, 2024 at 15:20
tradingpet posted:
Day Trading is often used in the same sentence. Furthermore, the two strategies can help you make a lot of money by risking a small amount of money.
For example, if you spend $1,000 to buy a stock that rises by 10%, you will have $1,100 in that session alone. In gambling, you can risk $100 and make more than $1,000 in a single session.
In this article, we will look at the key benefits that trading has over gambling.
What is Trading Gambling?
Gambling is the process of investing a small amount of money in the hopes of making huge profits. There are two types of gambling: based on skills gambling and chance-based gambling. Roulette and blackjack are two examples of skill-based gambling strategies.
The lottery is the most popular type of chance-based gambling. You put a small amount of money at risk for the chance to make a large amount of money.
What is Trading?
Day trading can share similarities with gambling if approached without a solid strategy, proper risk management, or understanding of market dynamics. However, unlike gambling, day trading involves analyzing market trends, utilizing technical and fundamental analysis, and making informed decisions based on probabilities rather than chance alone. Success in day trading often requires skill, discipline, and continuous learning, distinguishing it from pure gambling.
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