Gambling and Investing
Since the dawn of age, everything is a gamble. Every step we take, every move we make, is a gamble..
When it comes to making money from financial instruments, gambling becomes 'investing' by utilising risk management to reduce our chance of losing money to the lowest.
This risk management includes doing due diligence on the asset, position sizing, using TA for good entry, having an exit plan and regular review on the asset performance, etc.
When done properly, this becomes investing.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment