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Originally Posted by pipbull
I'm curious why you think this is. Although this is my first post, i do have enough experience to know that this is true only if you treat trading as gambling. Usually the people who fail at trading beleive it is like gambling. I assure you, done properly, it is the exact opposite from gambling. Successful traders operate like the casinos, capitilizing on their edges. Unsuccessful traders operate like the players of a casino, very often self-destructing for reasons beyond their limited view of the marketplace.
Leran to think in probabilities and realize that trading is not about being right or wrong on any individual trade. It is about staying consistent and survive long enough to give your edge enough time to play itself out
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One of the very few intelligent posts around here!
Gamblers gamble, traders trade, the market is what you make of it.
Mick