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I think of the difference of the risk and gambling like this.
Say you own a store selling fruit. You buy fruit at a certain price, with a reasonable expectation that you can sell it at higher price and make a profit.
Sometimes you don't sell all of the fruit and you have to junk it. That's business risk.
Gambling would be spending your entire fruit budget on a new line of exotic Japanese pears, just because you've heard that they are currently fashionable in the neighborhood and you could make a quick killing if you sold them all. But if you don't sell enough, you go bust.
Thinking about trading in this way has helped me feel better about embracing necessary risk, because it makes it feel like any other business.
Probably most who read and contribute to this thread didn't read the original post, which is from pretty long ago, but the thread wasn't originally about whether trading is or is not gambling.
It's about whether someone has gotten in a jam from trading that put them in a situation where they're in trouble. Hence the name, "Gambling (with life)".
So it has to do with supporting and helping others, or finding support if you're having problems or if you have had problems that you will share, that may help others.
I'd like to gently steer things back in that direction, rather than the endless debate about whether trading is gambling or not. Here's the original post:
If this thread can be helpful to someone, I hope they will take advantage of it. If someone has something to share that may be supportive to someone, I hope they do that too.
If you really just want to join the never-ending debate whether "it's gambling/it's not gambling," well, that would be OK too, but the original idea has gotten lost somewhat if that's all that anyone posts about.
How about managing the impact of losses so it doesn't seriously affect the rest of your life? Or what problems you have had that were brought on by trading losses and how you got out of them, if you have? Or anything else that would be closer to the topic and would be of some actual value? Just suggesting....
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
