Opinion: is daytrading gambling?

[mnbvcxz]

And i mean after years of studying and paper trading, not just dumping random amounts of money in random stocks without knowing anything

FOR WHICHEVER ONE YOU VOTED: PLEASE SAY WHY!!!

 

[lifeless]

You can't study luck, only patterns.

 

[seizen]

nah man gambling is usually less skill and hard work since you have a low chance at succeeding and a high chance to lose if ,you’re day trading and you’re actually experienced and like you said, “studied for years” then it’s really not, but if you go and put 100 dollars into a random company just cause it may or may not go up instead of actually analyzing it then yeah it is gambling pretty much in my opinion

 

[FBl]

No it's calculated risk.

 

[mnbvcxz]

You can't study luck, only patterns.

But i feel like you just cant predict what buyers and sellers are going to do, idk im kinda in the middle

 

[Roquefort]

Idgaf what the gaycel has to say daytrading is gambling, investment is also gambling to a certain extent except there is skill involved. Your whole existence was a gamble by ur parents praying u wouldnt be a genetic dead end everything on this world is a gamble, u gotta just start thinking about how 2 manipulate the odds and minimize to risks

 

[mnbvcxz]

Idgaf what the gaycel has to say daytrading is gambling, investment is also gambling to a certain extent except there is skill involved. Your whole existence was a gamble by ur parents praying u wouldnt be a genetic dead end everything on this world is a gamble, u gotta just start thinking about how 2 manipulate the odds and minimize to risks

so by saying everything is gambling… ur saying daytrading isnt gambling??

 

[Roquefort]

so by saying everything is gambling… ur saying daytrading isnt gambling??

No daytrading is gambling simply because everything is gambling, except daytrading is retarded in the sense that its just like going to the casino and betting on black. U have one chance outta two u r wrong, u get puts and it was shorts for the day and vice versa. Now a 1 year investment plan is more like 90 to 10 percent chance u r right if u choose apple for example, u will make profit but there is also a chance u will lose money because of economical recession and nobody buying apple shit.
The difference lie in the ODDS

 

[lifeless]

But i feel like you just cant predict what buyers and sellers are going to do, idk im kinda in the middle

If you could, everyone would be millionaires. But the market is basically just made up of luck.

 

[mnbvcxz]

If you could, everyone would be millionaires. But the market is basically just made up of luck.

so how do people supposedly get rich of daytrading alone? are they all bullshitting and have insider info??

 

[lifeless]

so how do people supposedly get rich of daytrading alone? are they all bullshitting and have insider info??

Everyone whos gotten "rich" off daytrading is unknown, most of these "influencers" are just trying to shill some course for some poor bastard to buy.

Wdym by insider info? like a screener or?

 

[glansior]

so how do people supposedly get rich of daytrading alone? are they all bullshitting and have insider info??

if u want to get rich by daytrading, you cant buy some bullshit courses from broke fake ,,traders". Every good stuff is on youtube for free but you have to do a little bit of research

 

[glansior]

also it take a lot of fucking time of collecting data, backtesting and patience to actually make some money

 

[PSL Les]

All trading is somewhat a gamble

 

[TheBrownOne]

Its technically a gamble but you can increase the odds in your favor on certain plays just like you can on everything else

 

[HeavenAdmιn]

Its not gambling if you have a strategy which has statistical edge. Now finding statistical edge is veryyy hard unless maybe you have a phd applied mathematics or a decade experience in the markets, or you can simpyl short smallcaps like I do