Day trading is not similar to gambling, in day trading the person studies the market a lot, does a lot of technical and fundamental analysis of the market and then buys and when buying the person puts stop - loss which allows the person to be able to buy and when the forecast is wrong and the price drops, that person will only lose a little money. There are very good strategies for making money trading and reducing money losses, but in general day trading is less risky than gambling. just ask ourselves how many people became addicted to gambling and how many people became addicted to day trading and we will see that the number of people addicted to gambling is a much greater number than the people who do day trading
and in my opinion this difference in the number of people addicted to gambling is a much greater number than the people who are addicted to day trading (I confess that I have not yet seen anyone saying that person X or Z became addicted to day trading) if This is due to the fact that in day trading people know that they are not going to make a lot of money, even a beginner when they enter day trading immediately realizes that they are not going to make a lot of money. for example: if a person puts $400 on an exchange to do day trade, it would take months for that person to make a 2x profit, that is, it could go more than 4 or 6 months without the $400 becoming $800
The only option a person would have in trading to get a profit of 2x or more than that would be to do hodl, and this is something that also forces the person to have patience and hold on for a year or years. Now when we look at games of chance, people immediately come across games that have a multiplier of 2x to 35x or if the person places sports bets they will easily see games with odds of @2.00, that is, in the game of chance, place $400 and have lucky, the person would easily have more than $800 in a few hours. but if that person is unlucky, then in a few hours they will easily lose all 400$ whereas in day trading even if the person were a complete amateur it would take months to lose all 400$
Well, many people tend to confuse trading (whatever its aspects) with gambling, some people believe that because some trading options are fast, such as futures, binary options, it is like gambling and it is not like that, things are usually different, for example when entering a casino the chances of winning are very random, it may be that you can win at once with a large bet or you may not win at all, it is luck, it is randomness, in rtrading there are many other things with work, there is fundamental analysis, technical analysis, a lot of mathematics, many things that have to do with the main reason of doing an analysis to win in a certain time interval.
Futures trading is very simple to do, to operate, but it takes work to reach a good result, however sometimes with all that things don't go well, you slip up or you make a mistake, so you can lose money. who posted, then these types of things are what one should consider when facing a game, or trading, in trading it is more focused on doing things by knowing, if you don't know anything and leave everything to luck, Well, that's not good, because there is no profitability, there is no way to do things well.
In trading there is a lot of work, we only see the tip of the iceberg and there is a lot there to be able to reach a signal, because money that is put in is money that can be lost and that is not what we are looking for, me personally, I find it very difficult to trade futures, because there have to be many indicators, many conditions, plus the volatility is impressive, whether in futures or forex, for me it is very risky, because I am not a quick responder. , I am one of those who likes to do long-term trading, and that is just that compared to a trader of any game, the long-term game tends to lose, while the trading does not, in the long term with a good analysis you can win , do not confuse this.
Absolutely spot-on about the detailed analysis and calculated strategies in day trading compared to the raw luck in gambling. But here's a curveball: despite all the analysis and tactics, the world of day trading often feels akin to a coin toss, don't you think? It's like entering a labyrinth, with every twist and turn dictated by the capricious whispers of the market.
But you really hit the bullseye, it's indeed more than charts and patterns, it's about intuiting the market’s unpredictable pulse, which no tutorial can imbue. Yet, even with this, why can the majority of hedge funds not outperform the index? Perhaps because the market, like a moody dance partner, chooses its own rhythm, leaving even the most skilled dancers a step behind. Despite the risks and the unpredictable twists, the journey of trading is not just about the wins or losses, it’s about growing, learning, and swaying along with the market's unique beat, hoping it chooses to dance with us. A gamble? Maybe. A growth? Definitely.
Yes, I have clearly seen that many people allow themselves to be guided and read by patterns, it is something that cannot be avoided, in fact I have studied a lot in the past about the theory that I believe that if they work well and are fulfilled, it is with the theory Wyckoff where initially things usually go well, I have seen so many pattern charts that the current Bitcoin situation at the moment could have up to 10 situations that can occur, which turns out to be very complicated, but of course there are things that have to be known. do and take into consideration, for this world the world sees things in all ways, bitcoin is more accepted, online casinos now require KYC because governments somehow want to control the eproans that have cyrpto even for fun, So things when talking about bticoniy crypto have taken on more importance, for me it is one of the things that can be taken into account to be able to take it to another level, of course this is what many are referring to.
The biggest bet for me will always be based on Knowledge, that's why when they talk to me about games of chance, it is difficult to make an intelligent bet and make it happen, because of the random fact that is always there, but when we give you an account that something that can happen, for example sports betting and Tradition , for me the similarity they have is that the one who has the most wisdom and the one who makes the most money, there is no other way, this is always fulfilled and must be fulfilled, to my is the correct thing and what Can happen at Any time, that's why When you buy games of chance with gtrading, in any of its ways, you have to know a clear Difference, when it comes to slot machine games, roulette, dice , this has an uncontrollable ingredient, which is chance, perhaps in bitcoin trading the uncontrollable Ingredient , but those who know how to read it can win with that, which is volatility.
