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No, Casino Gambling Isn’t More Lucrative Than Day Trading
You may have seen the chart below. It has appeared on Reddit threads, X posts, and other locations. It purports to show that casino gamblers have a better chance of turning a profit than do stock market day traders. chart Don’t believe your eyes. The illustration is social-media blarney. Frankenstein’s Monster The source of the graphic remains a mystery to me. Although each link above dates from the past 12 months, the underlying work was published long ago. The results for the casino gamblers come from an October 2013 article in The Wall Street Journal, while the initial research on the day traders started in ... (full story)