Investing and gambling

Investing and Gambling are not the same thing It’s the Monday following the second leg of the Triple Crown and a whole bunch of people lost money betting on the Preakness. Like the stock market, the allure of gambling is strong because many people think that having more money will solve most of their problems. And while there are some similarities between investing and gambling we should be clear that they are not nearly as similar as some people might believe. First, some definitions: “Gambling is placing capital at risk…

10 Trading Secrets Few Investors Know

Here yo have 10 Trading Secrets Few Investors Know. When I first started trading at the ripe age of 15 years old, it was because I had lost over $3,000 of my roughly $5,000 in life savings from mowing lawns in the dotcom crash. The mutual funds my parents had invested me in had plummeted in value. As a result of this traumatic experience, I wanted to take charge of my financial future and not leave it in the hands of an actively managed mutual fund. With no concept of trading…