| Nowadays with easy access to the market, within a | | | | 5. You're a gambler, if you are emotional and invest |
| day or so anyone is able to access the market and | | | | on impulse. |
| buy and sell shares from the comfort of their own | | | | 6. You're a gambler, if there is not methodical process |
| living room. There is a problem though. Many of these | | | | to your trading or trading style. |
| people do not have any qualifications, or learn about | | | | 7. You're a gambler, if you get an extreme adrenaline |
| how shares move short term and longer term also. | | | | rush when you buy or sell. |
| That is why a large majority of amateur traders fail | | | | 8. You're a gambler, if you do not use a risk to |
| miserably from the get go. | | | | reward system before you decide on buying and |
| The real question is when does stock market trading | | | | selling. |
| become more like gambling at a casino? For most | | | | 9. You're a gambler, if you insist on increasing risk |
| people there is a fine line between this. I would say | | | | when you are on a losing streak. |
| that about 80% of all traders are merely in it for the | | | | Here is the most important. |
| gamble. | | | | 10. You're a gambler, if you do not use stop losses |
| Here are the top 10 tell tale signs you are just a | | | | to minimize your risk. |
| straight out gambler when it comes to trading shares. | | | | There are rules for everything we do. But Remember |
| 1. You're a gambler, if you trade without some sort | | | | this is like any other game out there. If you know |
| of a plan. | | | | the ropes it increases your chances of winning. If you |
| 2. You're a gambler, if you feel the need to trade for | | | | go in without knowing anything at all, and risk your |
| the sake of trading. | | | | money by silly gambles, you are bound to lose all |
| 3. You're gambler, if you enter a trade out of pure | | | | your money from day one. Successful traders learn |
| boredom. | | | | technical analysis, use discipline and are extremely |
| 4. You're a gambler, if you think profits are the only | | | | focused. If you combine all these things, success will |
| part of investing. | | | | be inevitable. |