11-05-2012, 11:45 AM
The comparison irks me, but the end result you are probably right, in fact for a newbi gambling might actually be better odds.
To really get any short term gains in the stock market, you have to day trade, and play with large sums of money and higher risk vehicles like options.
Thats the deep end of the pool where the skarks swim and it takes lots of learnin' to get good at those. So if youre going into it as a n00b with no skills or trading education, you are probably very much on the wrong end of 50% winning trade rate.
the problem with gambling though, is that you lose all your money that you bet, where with trading you can always set stops.
maybe the moral of the story is nobody should go for short term easy money gains :p
To really get any short term gains in the stock market, you have to day trade, and play with large sums of money and higher risk vehicles like options.
Thats the deep end of the pool where the skarks swim and it takes lots of learnin' to get good at those. So if youre going into it as a n00b with no skills or trading education, you are probably very much on the wrong end of 50% winning trade rate.
the problem with gambling though, is that you lose all your money that you bet, where with trading you can always set stops.
maybe the moral of the story is nobody should go for short term easy money gains :p