Originally Posted by
mccube5
The stock market is no different then gambling. Like robthree said, you are bound to hit is big onceor twice but you are just as likely to get hurt bad. Like a gambler you hear a stock broker talk much more frequently about his big hits and very rarely about the time he didnt make any money that year because of a few bad gambles.
I disagree, the stock market is not gambling. Like anything else, if you take the time to get an education, you can definitely do better than those that dont.
Talking about the big hits is the mark of the inexperienced trader. In my experience, when you reach the point that you think you are smarter than the market, go ahead and close the trade. Because that's the point where you start heading for a loss.
