trading and gambling
how do you differentiate yourself in real trading from gambling in forex?
- 6 Answers
- In Trading Mindset and Psychology
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- by
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- asapfx
- 267 Views
- 1 year ago
Answers
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Gambling has no plans at all trading is treating it like a business with a workable plan |
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My stand is gambling is purely base on luck factor, but trading is base on knowledge, discipline and experiences. |
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In trading you can eliminate a great proportion of the luck you need in gambling by studying and learning you trade, gambling is just that gambling. I played Backgammon every Weekend and earned more than most people do in a month. Just run out of punters for the stakes I played for. Why backgammon because over time you can eliminate the luck eliment, which even the dead can get. |
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