Australian (ASX) Stock Market Forum

The stock market is a gamble

I think the main argument against a gambling analogy is that in gambling you either take a full 1R loss or a full 1R profit. In trading however one can reduce the initial 1R risk with relative ease and keep an unlimited profit potential. Doing so skews the number in ones favour - which can't be done with gambling.
 
Perhaps it would have been more appropriate to head the thread as ;

The stock market is like poker .

The fall of a card here and there determines the hands held , but many other factors decide who wins the game .
 
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