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Tagged: Business, Discipline, Gambling, Knowledge
<span style=”color: #777777; font-family: ‘Open Sans’; font-size: 13px;”>When a trading is done without knowledge and discipline </span><span style=”color: #777777; font-family: ‘Open Sans’; font-size: 13px;”>Stock trading becomes gambling.</span>
<span style=”color: #777777; font-family: ‘Open Sans’; font-size: 13px;”> when the risk taken is higher than the expected return and irrational and emotional decision making is also part of gambling.</span>
When a person does trading without calculating the risks and takes an emotional decision while buying/selling a stock, the trader becomes a gambler.
stock market becomes gambling when the risk and rewards are not calculated and taking emotional decisions
Without knowing the risk and rewards ,taking a irrational decision means a gambling.
When we can’t take logical decisions and decide to hold up the stock ignoring the risk reward ratio.
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