Difference Between Gambling & Trading

Gambling Games have a specified beginning,middles & endings , based on a sequence of events that determine the outcome of the Game.Once you decide you are going to participate , you can`t change your mind - you are in for the duration.

That is not true for TRADING,

In Trading prices are in constant Motion, nothing begins until you decide it should, It lasts as long as you want, and it doesn`t end until you want it to be over regardless of what you may have planned or wanted to do, any number of psychological factors come into play, causing you to become distracted, change your mind, become scared or over confident in other words causing you to behave in ways that are erratic & unintended.

Gambling Games have a formal ending, they force the participant to be an active Loser.If you are on a Losing streak, you can`t keep on losing without making a conscious decision to do so.The end of the game causes the beginning of a new game & you have to actively subject more of your assets to further risk by reaching into your wallet or pushing some chips to the center of the table..

Trading has no formal ending - The market will not take you out of a trade unless you have an appropriate mental structure to end a trade in a manner that is always in your best Interest. You can become a passive loser. This means that, once you are in a losing trade you don't have to do anything to keep on losing.You don't even have to watch. You can just ignore the situation and the market will take everything you own & more.

Trading is both Gift & a Curse by the divine nature. The gift is that perhaps for the 1st time in our lives, we are in complete control of everything we do.The curse is that there is no external rules or boundaries to Guide our Behavior.

The unlimited characteristics of the trading environment require that we act with some degree of restraint and self control, at least if we want to create some measure of consistent success.The structure we need to guide our behavior has to Originate in your mind as a conscious act of free will. This is where the Many Problems Begin