Is Trading Gambling?

13/10/2025 30 min Episodio 62
Is Trading Gambling?

Listen "Is Trading Gambling?"

Episode Synopsis


In this episode, we tackle this popular question. Dave polled several traders he coaches and got some surprising answers.How much is trading like, say, poker, or something that is even more up to chance?Even starting a business can be called gambling if defined purely as "risking money on uncertain outcomes."Does having an edge make trading less like gambling?In a casino, is the house "gambling" because it has a strong edge?What's your take?
---Before you go!If you're a trader and interested in backtesting and automating your trading strategy and don't know where to start, I want you to stop what you're doing and head on over to davemabe.com to sign up for my free backtesting email course.I hope to see you there!