hey there I have recently written an article that distinguishes the investing from speculation and gambling: Its in the thread: Are you an Investor, A Gambler or A Speculator? Check it out and you may just get the answer that you seek
Dameon
Either way at the end of the day whether a gambler, an investor or a speculator, you have to make your cash....I think the main point here is regardless of you approach are you making money out of it????
Hello there...
Concerning risk management...I don't there is a bigger truth than keeping the maximum risk at 2% per trade and never risking more than 10 % of the account on all open trades. Any genuine teacher should tell you this or something similar.
Dameon
Heard about it some years ago and actually know some traders who made money and retired:smart:..
Right now its a little harder and less profitable than then
The best part is that there is nothing illegal about it
Dameon
hello trendie, I am honored to see you commenting on this thread:thumbsup:. The terms are a function of these sets of data that may be available to all people but the differential application and selection, categorizes the traders into the different categories.
Dameon