Originally Posted by
investmjhl
That is exactly what the market is, a gamble. You just hope that your decision is correct, because most of the time you base your trades on what sectors or analyst are saying or doing and what the future holds. If you really what to gamble play options, the payoff is bigger. Sometimes!
The free drinks are nice!
If you base your trades on what analysts are saying then you are exactly the fool they like to see. The problem is there is very much a way to take the gamble out of trading stocks and minimizing risk but it takes a bit of study and some bucks to do it (unless you are hired by a firm that will teach you). Most folks aren't interested in doing this so yes, it remains a gamble for 90% in the market.