Traders or Gamblers?

Many people, me included, have said from time to time, that trading is nothing more like gambling.

Without going into the definitions of "to trade" and "to gamble", the statement is true in many ways. I guess when someone says "you're gambling", he usually doesn't imply any compliment. Quite the opposite.

So do reckless traders equal gamblers? Do professional and disciplined gamblers equal traders?

For me, gamblers just want to play and enjoy the excitement of playing, be it at the roulette table or in the market. Traders, meanwhile, want to win.

Gamblers can't resist the temptation to wait and not playing. Traders would wait patiently if it needs be, and strike only when the odds are on their side.

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