is Trading same as Gambling ?

## Trading and Gambling Similarities

Trading and gambling share some similarities, as both involve risk-taking and the hope of making a profit. In both activities, participants put their capital at stake with the expectation of future gains. However, there are key differences between the two. Gambling is typically a short-lived activity with a negative expected return for players in the long run, while investing in the stock market generally carries a positive expected return over time

Some common traits exhibited by those who gamble while trading include trading for excitement or social proofing reasons, rather than following a methodical approach[1]. This can lead to a gambling-style approach to trading, where individuals enter financial transactions without a solid investment understanding, making them more likely to lose money.

## Fighting Gambling Addiction

Overcoming gambling addiction requires recognizing that you have a problem and seeking help. It takes tremendous strength and courage to admit to a gambling problem, especially if you have lost a significant amount of money and damaged relationships in the process. Here are some steps to help you fight gambling addiction:

1. Acknowledge the problem: Admitting that you have a gambling problem is the first and most crucial step in overcoming it.

2. Seek professional help: Reach out to a counselor, therapist, or support group that specializes in gambling addiction

3. Talk to someone you trust: Share your struggles with a family member, friend, or someone who won't judge you and can offer support.

4. Set goals: Establish short-term and long-term goals to help you stay focused on cutting down or quitting gambling.

5. Reduce financial risk factors: Avoid using credit cards, taking out loans, or carrying large amounts of money that can fuel your gambling habit.

6. Find alternative activities: Engage in hobbies or recreational activities that can fill the void left by gambling.

7. Avoid gambling venues: Stay away from places where gambling is prevalent, and don't use gambling as an escape.

8. Keep a gambling diary: Write down your feelings and actions related to gambling to help you identify triggers and patterns that lead to gambling.

Remember, many people have been in your shoes and have successfully overcome gambling addiction. With determination, support, and the right resources, you can rebuild your life and regain control.