FAQ Is Trading the Same as Gambling?

Windlesham1

Active member
Jul 30, 2003
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Gambling it taking a position over which you have no control. Trading means using an instrument that you can control- you can close out at any time. A gamble is also an uninformed binary position, but a trade may be morphed into something else as new information is received.Trading is responsible risk management-gambling is not. Unless you fully understand your positions -both entry and exit, and the reasons for the trades you are a gambler.