Is trading or investing like gambling?
The majority of people are afraid of doing something that has the possibility of losing their money on. Even though the potential profits are nothing unlike any regular day job you do for at least 8 hours a day, 5 times a week.
Gambling has a fixed odds system for all major games. This means that you usually can't influence or raise your chances of succes in the game. You are stuck against the house and the odds are definately not in your favor (the house wants your money after all). When you trade or invest the market does not have an unfair advantage against you. You raise your chances a lot by just doing basic research (fundamental analysis) or focus on charts analysis (technical analysis). You are responsible for your own succes rate, not the house, not the market but you. Knowledge is power in our society so use it to your advantage.
How do you start using basic research? Where to begin? Where to look? Should you use charting tools? Wich ones? Soon this will become available through our service. Stay tuned '' Cryptologic is coming ''