Achieving small targets is possible in market . The probability of achieving 1:1 RR is higher than probability of 1:4 .
Therefore scalpers make good money with small targets rather than a day trader expecting big targets.
Profitable trading is no gambling. Its a calculated play between probability, risk - reward and position size.
There are failure stories in all fields and not just trading. Looking at the failures alone and calling the activity gambling is naive.
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Everything that has been said above in defence of trading is also true for gambling.
On a more philosophical note, everything in life is a gambling bet.
~Life is a gamble at terrible odds - if it was a bet, you wouldn’t take it.~
Whoever has no grasp of probability and risk management is playing the game of chance, no matter how they try to disguise it. On the other hand, Anyone who has mastered it has reaped the benefits is a real trader.
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ok so if you have any bias like prices will go up and prices are going down but still you are like no prices have to go up only and even if you loosing you are not getting lesson from it and you playing aginst market again and again then yes you are gambling more than gambling i will like to say trading is kind of betting its just when you win you have to take as much as you can and when you loosing you have to cut losses and take liittle pasue before starting again dont have the same bias again re-evaluate everything or take second opinion bcs when we make huge losses we lost our ability to think suppose you are making huge profits again and again then someone is loosing in that case but its game of probability if you winning again and again you start investing with huge quantities but in real you have to give less in that conditions bcs suppose you have 1 lakh and your opponent have 100 rs obviously you were right lots of time thats why you made huge returns/ so dont hink like i will bet 100 rs from now just bet 1 rs bcs you have more chances than your opponent eventually he will get bored or feak out bcs he is not moving anywhere he is at one place and he will quit soon or later bcs his psychology will get affected when he is not getting the results he want and he will start making mistake that the way pull back works for your every winning position there is looser and when they loosers saw pullback they think there time is now and they start betting more
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Trading is Gambling for those who trade without knowledge, plan and guidance. It’s a science, mathematics, probability, risk Management, psychology and philosophy for those who actually study and invest. For me it’s a scholarly wiseman job
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Capital Markets are wonderful place for doing so many things and gambling is one of thing you can do as well. You can gamble in the market just like casino as its all probability game.As long as its for entertainment then its ok don’t make it dirty habit.
There is an uncle who loves predicting the market for fun. He only keeps aside very nominal money ,he call it entertainment money which he ready to loose .I don’t see any harm , he enjoy doing it in the limit ,it gets away from boredom.
Market can be played as video game as well, again ,its all ok if you know all the downside limit. Loosing should not impact minuscule of your health,wealth and social /personal relationship and psychology then all good.
Then there is market for investment. You support a good business(become part owner) and cause ,if all goes good you reap the benefits from that business in form of dividend, capital Appreciation .
Then there is market for big firms/ institutions to place big money for short and long term.Its place they can liquidate money in secs. Thats the biggest advantage of capital market you can liquidate assets in secs which can’t be done for any other assets and this is such a thing which makes market unique. You can’t liquidate real estate, gold,paintings or any other asset so easily.
Then there is market for traders who are foot soldiers which are moving the system. They provide liquidity for small commissions which allows stability to the system and fair pricing possible. If you are good with money, risk management, psychology,probability and mathematics then you can make it your business.
There is market for new company to raise money.Money is fuel which brings innovation and progress in the society. We won’t benefit new technologies, social upliftment progression without for these companies ability to raise money.
So the bottom line is you are self aware and have sufficient knowledge what you want to achieve participating in the market.
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For someone who has relevant knowledge and skills, trading is not gambling. A gambler won’t bother to come up with a strategy or gives no thought to risk management. A trader is driven by logic and makes decisions based on rationality. These are the things that differentiate a trader from a gambler. But if your trading style involves mindless speculation or a martingale strategy then that would become gambling instead of trading.
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In general, trading is not gambling. But some traders make it gambling out of greed by trading like crazy and not really caring about what they are doing. But it is not gambling for others who do every possible thing to understand the market direction and trade as per their plan.
gambling: one acts 1st, then seeks information/learning
trading: 1st seek info/learn, then act
other things between investing, trading, banking, treasury, govt-bonds are some ratio of both.
Like an 80:20 becomes 20:80 if the reference/point of view! is changed!
In the end everything works out… its not local optimization(individual) but a global one(Universal)!
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If trading was gambling all of us would be in a casino instead of a forum with heated discussions on trading. If you trade trusting your luck with no knowledge and skills, then it will be just a gambling game for you. But those who trust their knowledge and skills would never see trading as a luck based game.
Gambling involves chance or pure luck. It does not involve any skills, education, or advanced tools. Trading involves skills, education, expertise, and of course, advanced tools. Both are totally different things and can’t be compared.
As long as traders focus on risk management, they will be able to save their accounts, make new strategies and try to pull in more profit. It isn’t gambling at all, this market is not a place to make bets and hope to win. You either put in hard work, follow a plan and get rewarded or you fail.
According to my experience i have always failed in trading depending on LUCK…
strategy is v v impt
sometimes we fail sometimes we pass but with LUCK 90% we will fail
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I believe the stock market belongs to professional traders with knowledge and skills. Beginners who commit to learning can become profitable over time. But those who engage in mindless speculation will never survive in the long run. Trading stocks is a risky venture and to cope up with the risk you need some market knowledge and expertise. Those who don’t respect the market will be taken out of it. A real trader would always be taking calculated risks and planning profitable strategies. The stock market has no connection with gambling unless you treat trading like a betting game.
Trading is not gambling for someone who always makes decisions after market analysis and always follows a well-defined strategy. They know the risk they are taking and always look for ways to limit the risk. But someone who doesn’t have any knowledge or skill to begin with may feel it’s like gambling as they have no clue what should be done and just make decisions based on impulses.
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Hello @ShrutiNandi, you’ve brought up a thought-provoking topic. Trading and gambling can sometimes seem similar, but the key difference lies in strategy and knowledge. Those who approach trading with careful analysis and a well-defined strategy are less likely to view it as gambling because they understand the risks and work to mitigate them.
Also, if you’re interested in a form of entertainment that’s not dependent on strategy or risk, you might consider trying out casino slot games. They provide a different kind of gaming experience and can be a fun way to relax without the pressures of trading or gambling.
What if when zerodha is unfair with you.
If you only have a small amount of money, trading can feel like gambling.
Rich people are unconcerned about paying more for goods, whereas the less elite bargain.
Terms are dictated by psychology, and by that definition, most retail traders are borderline gamblers.
The only exception is for traders who had a string of early wins and are now trading with earned profits and their initial deposit withdrawn to the bank.