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RE: Importance of Understanding Markets and Reading Books
People think that trading is a gambling because they do not have enough knowledge and experience, they just start trading based on their emotion. So, they suffer losses. Trading and investing is like any other businesses, which require the study and experience.
totally agree. there is a bit gambling aspect even for experienced traders, but experrience and knowledge would tell to get out on time when it is becoming a gamble. Its a matter of having more winners than losers.
Absolutely right.