As a futures trader, I can confirm that trading futures is gambling. Like poker, if you know what you’re doing, you can make a living. Most people can’t make a living playing poker, and 95% of traders are not profitable.
gambling has negative expected value, the house always wins in the long run.
the stock market has pretty much always trended up over time so if you just buy a bunch of stuff and wait a while you will pretty much always win. (you can still gamble with stocks, it’s just that stocks are fundamentally different and you can also not gamble)
yes, however it is at least theoretically possible for those with a controlling stake in enough companies to manipulate the entire market in a way that makes that strategy lose
I wouldn’t say that common stock trading is gambling, but futures and options trading definitely is.
The way stocks are meant to work, it isn’t gambling. It is an investment in a company in order to help them grow and gain a return from that.
The way people use it now, it is gambling.
As a futures trader, I can confirm that trading futures is gambling. Like poker, if you know what you’re doing, you can make a living. Most people can’t make a living playing poker, and 95% of traders are not profitable.
it’s educated gambling where the house has significantly less of an edge (or at least appears to)
gambling has negative expected value, the house always wins in the long run.
the stock market has pretty much always trended up over time so if you just buy a bunch of stuff and wait a while you will pretty much always win. (you can still gamble with stocks, it’s just that stocks are fundamentally different and you can also not gamble)
yes, however it is at least theoretically possible for those with a controlling stake in enough companies to manipulate the entire market in a way that makes that strategy lose
“Appears” being key.