Trading or Gambling ?

[Maverick]

Unlike Poker or Roulette, I like to think I am gambling with an edge ... I still use and listen to my indicators

THE biggest difference between trading and gambling is I do not have to pay ANY tax on my winnings

NOTE ... Spreadbetting is NOT available worldwide ... Only in select countries like the UK

Also, a trader is very edgy and wary - only using a small percentage of his available funds - a gambler on the other hand will bet the absolute maximum his free margin will allow ... Least I do

 

[ChelseaR]

Gambling is just risking your money and hoping a wheel supports you in getting profit. On the other hand, trading is done with proper strategies.

 

[David79]

Gambling is just risking your money and hoping a wheel supports you in getting profit. On the other hand, trading is done with proper strategies.

I agree - Trading is all about planning & strategy. What's your strategy these day?

 

[Tradr]

It's simple really:

Gambling is taking the bet knowing the odds are against you
Trading is making an educated decision based on statistics moving probabilities in your favour

 

[Maverick]

Respectfully ... Spreadbetting is not just a case of flipping a coin Buy or Sell ... We look at the charts in exactly the same way a trader does

You probably think you are being smart by not paying taxes on your profit ... Thats what Al Capone thought