Quoting KlakaDislikedI'm just stating the obvious, you'd be delusional if you couldn't understand the concept. If you risk losing something in order to gain something else that isn't yours, either you, or the opposite party initially stand to lose something, or gain in the current process. It's ultimate, or immediately, either way you want to put it. Considered gambling. Someone has to lose in that exchange because of the gambled item exchanged.
In trading, in this case. You BOTH, you and the opposite party are speculating against each other on the simple concept of moving prices. How hard is that to see? You may be good at what you do, don't get me wrong and you may know how to profit very well and know afew of the ropes. But, you shouldn't let ego cloud ypur judgement, you "risk to gain". = Gambling, trading is in my opinion "respectable gambling", you have the stock market and tv movie rumors to thank for that.
Lose for gain, gain for loss.
In every aspect of life, this is considered gambling, i guess in investing, or "trading" so to speak. The moral is set too high, because alot of really big egos aren't willing to expect, nor except that very basic, yet drastically important fact. Now, please by all means. Don't throw a fist fight, i am stating facts on what it really is. It maynot be what you want to hear, but.
It DOESN'T get anymore obviously simple than that.
Speculation Investing is what trading is based off of.
"An educated guess", systematic, fundamental, sign provided, technical, inside, or otherwise. Noone knows where the price will go guaranteed and someone has to win, or lose based off that speculation.
You don't need rocket science to prove that. It's right infront of you.Ignored
- Joined May 2005 | Status: Member | 1,494 Posts
In trading, there is no bullshit. You either make money or you don't.