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    Page 16 of 16 FirstFirst ... 11 14 15 16
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    Thread: What is the difference between a Trader and a Gambler? (part 5)

    1. #151
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      Default Re: What is the difference between a Trader and a Gambler? (part 5)

      I think the main difference between gambler and trader is their level of sensibility. Traders know what they really want from trading, gambler only know how can they get maximum profit with minimum work. Traders are careful while gambler are less careful. Trader will work hard and think twice before opening the order while gambler will not think much and will trade many times a day to get alot of money at once. If you act like gambler then you will end up losing all your capital.


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    3. #152
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      Default Re: What is the difference between a Trader and a Gambler? (part 5)

      Quote Originally Posted by zoeChan View Post
      I think the main difference between gambler and trader is their level of sensibility. Traders know what they really want from trading, gambler only know how can they get maximum profit with minimum work. Traders are careful while gambler are less careful. Trader will work hard and think twice before opening the order while gambler will not think much and will trade many times a day to get alot of money at once. If you act like gambler then you will end up losing all your capital.
      yes you are right and gambler just want to earn more and more no matter how much he already earned this can possible from 1000$ he earned 100$ in one day but still he will not leave trade and take some rest he will do more and more trade and in final a gambler will lose because with every new order he think he is doing good so will increase lot and lose all


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    5. #153
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      Default Re: What is the difference between a Trader and a Gambler? (part 5)

      Quote Originally Posted by Ratkosoda View Post
      Original thread: What is the difference between a Trader and a Gambler?
      What is the difference between a Trader and a Gambler? (2)
      What is the difference between a Trader and a Gambler? (3)
      What is the difference between a Trader and a Gambler? (4)
      What is the difference between a Trader and a Gambler? (5)


      Gamblers depend on luck and gut feeling, they are in it for the thrill. They risk it all in order to make big money at once(and lose). Forex trader( or trader on any other kind of market) runs a business. He takes calculated risk in order to gain calculated and realistic profit. He does not rely on luck, but knowledge and calculations.
      the difference between trader and gambler is not to big trader is one who makes plans and work hard for his trading and example is one who thinks that forex trading is a business again and he will make profit just depending on his luck


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      Default Re: What is the difference between a Trader and a Gambler? (part 5)

      Well,Gambling and trading are two different things. Gambling is not a much better thing and it is all related to luck.For gambling we don't need any kind of education and experience but in trading we need experience, knowledge and by using different strategies ,we got more profit. By doing work with trading,profit will be earn slowly but it is far good then gambling


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