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Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: February 12, 2024, 09:13:54 PM »Trading would really be considered as gambling on the time that you wouldn't really be applying any analysis into it or simply making up some trading position with just your gut feeling on which- For me, it is not correct to compare gambling with trading. They are very different and have nothing in common. Those who think like this in their minds are gamblers and not traders, because real traders do not have this kind of mindset as individual traders.
Because trading is a skill that can be considered, we can't devote time and effort to learning it in reality. And it is also necessary to understand what will be learned here.
Trading and gambling both are different but if we are considering both as same then its our big fault and due to such thoughts people always loss more than they earn. For gambling we just choose to bet but the win or loss is concerned with fortune but such thing does not work in trading therefore keep learning if you want to get profit from trading.
Its a matter of thoughts that are you able to differentiate between gambling and trading or not because your positive thoughts and concept can only make you successful. Trading become more riskier than gambling if one fails to understand it and considering it as a luck based game.
this is something that you shouldnt really be doing when doing trading. If you do have that kind of approach into your trading activity then it would be better that you should really be doing gambling. You would really be making out those realizations on the time that you've been able to compare about the risks factor in between trading and gambling on which we know that in gambling there's no way that you could be able to apply when it comes to stategies and other correlated aspects. If you do trade for long term then you should really be removing
that gambler like mind.