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Is stock trading really easier to make money than gambling?

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Post time 23-4-2024 21:19:31 | Show all posts |Read mode
Many people are now involved in stock trading, but does trading stocks really make more money than gambling?

There are many people around me who trade stocks, from various backgrounds. Many may think that those with financial education or higher academic qualifications would have an advantage in stock trading, or that those with higher intelligence would fare better. However, the stock traders I know come from all walks of life, including bosses, workers, and delivery drivers. I know a professor who struggled in A-share trading, often making the same emotional mistakes as ordinary retail investors, leading to losses. However, he didn't complain loudly like retail investors after losing money; instead, he chose to endure silently. In such a stock market, what tests investors is not their ability to discover value but their skills in dealing with others.

Regardless of your educational background or intelligence, neither is as useful as that of a psychologist.

In fact, this kind of situation is also common in gambling, such as chasing losses or martingale betting. If you're lucky, you might not lose money, continuously doubling your bets. Why does this mentality exist? Because people are reluctant to let go of their initial low-cost bets and continue to "average down." Although this is similar, why do stocks often lead to such disastrous losses, while most people in gambling would cut their losses in time? Of course, extreme situations where everything is lost are not excluded.

Human nature tends to be vicious, and without moral constraints, who knows what chaos the world would descend into. Ordinary people tend to sell when stocks rise, eager to lock in profits, but when they fall, they cannot accept it and sell at a loss, lacking position management, they soon find themselves in a situation of stubbornly holding onto their full positions.

I think gambling is easier to handle and control than stocks, as it involves visible transactions. If one is inadvertently trapped, realizing it and promptly cutting losses can allow for an escape. In contrast, once trapped in stocks, it's difficult to get out, and complete loss of capital is common. Have you ever thought about it? Stocks are just a form of legalized gambling under the law, just like welfare lottery tickets. That's why we often hear news of stock investors jumping off buildings.
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Post time 24-4-2024 09:22:36 | Show all posts
Five years of experience in the stock market suggests that gambling is much easier than the stock market.
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Post time 24-4-2024 09:26:19 | Show all posts
No investment can yield returns as quickly as gambling.
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Post time 24-4-2024 11:57:30 | Show all posts
Both stock trading and gambling still require setting stop-loss and take-profit points.
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Post time 29-4-2024 12:48:26 | Show all posts
Your article has been selected as one of last week's  highlight articles. Please check if you have received 20 MONEY. Thank you!
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