Quote from JSSPMK:
SCI, you are wrong. Officially trading is not classed as gambling, that is not an opinion, but a fact.
gam⋅ble   /ˈgæmbəl/ Show Spelled Pronunciation [gam-buhl] Show IPA Pronunciation
verb, -bled, -bling, noun
âverb (used without object) 1. to play at any game of chance for money or other stakes.
2. to stake or risk money, or anything of value, on the outcome of something involving chance: to gamble on a toss of the dice.
âverb (used with object) 3. to lose or squander by betting (usually fol. by away): He gambled all his hard-earned money away in one night.
4. to wager or risk (money or something else of value): to gamble one's freedom.
5. to take a chance on; venture; risk: I'm gambling that our new store will be a success.
ânoun 6. any matter or thing involving risk or hazardous uncertainty.
7. a venture in a game of chance for stakes, esp. for high stakes.
in⋅vest   /ɪnˈvɛst/ Show Spelled Pronunciation [in-vest] Show IPA Pronunciation
âverb (used with object) 1. to put (money) to use, by purchase or expenditure, in something offering potential profitable returns, as interest, income, or appreciation in value.
2. to use (money), as in accumulating something: to invest large sums in books.
3. to use, give, or devote (time, talent, etc.), as for a purpose or to achieve something: He invested a lot of time in helping retarded children.
âverb (used without object) 14. to invest money; make an investment: to invest in oil stock.
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Origin:
1150â1200; ME gamenen to play (OE gamenian), with substitution of -le for -en; see game
Prove to me where it is FACT and not an opinion. It may be thought out and accepted as not gambling, but that doesn't make it so.
Do you believe in the theory of evolution? or that humans came from a higher power? There are arguments on all sides but no complete facts with 100% certainty.
What is accepted as common knowledge and what is 100% fact are very different.
Again, believe what you want. Most will agree trading is gambling. I truly feel that if you don't think that you are naive and just kidding yourself. If that's what makes you feel better about being a trader, then by all means, fool yourself into believing you do not gamble. But you do. Investing never has a guarantee. If you can start guranateeing trades then you are not gambling. But since you can not do that, you are putting your money at risk for a reward, taking a chance. Sometimes you take very little risk, sometimes you take larger risk, but it is always there and there is always a chance that you will be wrong and lose money. Wether you want to believe it or not, that is a gamble. Just because you feel you are taking less risk trading the stock market as opposed to say playing roulette does not change anything other than your disolusinoal thought process. Yes it is widely accepted that trading is not gambling. But it is not fact. Ask real traders and they will tell you it's just as much gambling as rolling the dice, you just can have an edge. Most people who gamble do so for fun or are degenerates. Some actually do it for a living and learn how to have an edge.
