Gambling is not like day trading to be honest, in day trading, you have strategies, patterns and a chance to get atleast 80% wins daily.
There are strategies in gambling. One example is poker where you use bluff to throw off your opponent to win.
But in gambling, there's no cut loss, its either you win your gamble, or you lose your staking fee. Theres no going back or turning back.
Its that straight forward.
Day trading is the same as gambling, you either get a profit from your trade or you will have a loss.
Yes, there are gamblers who profit, and gamblers who lose, and i think we have more gambling losers than winners.
I agree on this one but I think if we are using gambling as something that is analogous with day-trading then it is not a far-fetch idea.