How do you guys deal with this?....Intraday trading = gambling | Traders Hideout


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How do you guys deal with this?....Intraday trading = gambling

  #14 (permalink)

Melbourne Australia
 
 
Posts: 4 since Sep 2016
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KatieD View Post
For myself, I like to remember that everything is on the spectrum of "gambling" from crossing the street to playing roulette.

Funnily enough this is exactly what i tell them. That its simply strategy game of chance and managing risk. I then point out getting out of bed is a risk, the job they take and that life itself is a strategy game. We all make choices based on risk/ reward/ strategy in pretty much everything we do. Then point out plenty of large cap stocks go bust and that nothing is certain. Its fun watching them trying to process life being a real time strat game, conversation about trading usually ends there. Until next time we catch up, they usually get curious after that.

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