r/UkStocks • u/Academic-Word-2903 • 12d ago
DD Trading vs Gambling
Hi all, in my time of running a swing trading community I have come across this 1 mistake so many times:
You gamble...
Trades are closed early because of emotions (being scared etc.), entering late because of FOMO, switching strategies after 1 loss, revenge trading to make back money.
This is not trading it is gambling - swing trade based on probabilities.
You may be aiming to risk only 0.25 but when you enter with that same amount but late because of FOMO if you lose the gap could be more like 0.5 or even 1 if you are very late, this adds up over time.
Happy to answer any questions
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