Sep 18, 2021
Day Trading is Gambling! or is it
*Is day trading gambling, you want to know?* Well, I'm here to give you the goods on this.
This is something we hear all the time about day trading. And you know what? Yeah, it kind of sounds like it should be a gambling type of a thing, just like poker, just like going to the casino, blackjack, the roulette table.
Day traders, people that put money into the market. I don't know about you, but being in this industry, I cannot even tell you the amount of people I get contacting me saying, hey, I want to trade. I just put in five thousand bucks into the market. I'm like, oh, which market?
I'm not sure. I think it was stocks because, you know, somebody said that the stocks I mean, this alert room where, you know, they kind of mentioned some good stocks. I'm like, OK, where did you enter? Oh, I just followed. I just put in and, you know, of course, they end up losing 99.99% At times, they lose and then what do they say after that?
*Oh, this is gambling, it sucks*. There's so much risk.…