Some basic traits of a professional trader:
• Mastered an effective trading strategy.
• Has a trading plan and uses it.
• Has a trading journal and uses it.
• Focuses on risk management and on controlling risk on every trade.
• Not overly-focused on profits and rewards.
• Trades only when their trading edge is present.
• Does not become emotional over a win or a loss.
• Treats their trading like a business. etc...
if ur committing money on truly random outcome, then its a gamble, example buying lottery ticket.
if one can influence the outcome with his own skill or can reduce the adverse effect controlling his own action is not a gamble, its a skill.
Finally it all depends on the mindset. what i do in market may be totally insane for some others.
Gamble is a risky action in the hope of a desired result. world is progressing because a few dare to dream and gamble.
Every product is a gamble
Every bussiness is a gamble
Every research is a gamble
Every idea is a gamble.
Every crop grown by a farmer is a gamble(dont know the future price )
Every human life is a gamble(dont know what happens the next minute)
Gambling is not a dirty word. proud to be a gambler
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