is share trading gambling, page-21

  1. 14,931 Posts.
    I think it's all in the way you personally view things.
    Psychology plays a large part.
    Wealthy people have a kind of psychology that is very different to wage slaves.
    A wealthy person who has established a succesful business knows what risk is all about. They understand the pressures, sacrifices, pain and hard work it takes to make a business work ie take out loans, negotiate leases and various other contracts, employing the right people and getting rid of the wrong people, advertising, paying bills and at times not paying yourself anything, self sufficiency etc etc. They understand what its like to be outside the comfort zone, whilst wage earners do not think like that. They like safety, and a sure thing, and prefer concentrating on office gossip and titles, and treating work with contempt. That is why they are the first to panic, the first to give up, the first to criticize if things are not going to plan.That is why those on wages seldom become wealthy because they don't know any better, and take the art of creating wealth for granted. They see it as evil and those that have a knack for it as immoral. They can't accept that if it wasn't for people with skills in creating wealth, there would be no work for them and they wouldn't be able to survive.

    Trading is no different. Change your view, and you change your bank balance. Simple concept, but difficult for most people to practice.
 
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