risk management

Intuition in Trading: The Role, Benefits, and Strategies for Effective Decision-Making

Intuition in trading refers to the ability to make quick and instinctive decisions based on a trader’s experience, knowledge, and gut feelings. If you tried Copy Trading on binary option brokers, you will come across some traders who are just so amazing in their decision making, and quickly too. Within a short few minutes, they …

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Traders vs Gamblers: What's the difference between trading and gambling

Traders vs Gamblers: What Makes Traders Different From Gamblers?

Traders make informed investment decisions based on analysis and research, aiming for long-term profits through risk management. Gamblers engage in games of chance for entertainment and short-term gains, relying on luck. Traders possess skills, market knowledge, and employ strategies, while gamblers depend more on chance. Traders prioritize risk management and have a longer time horizon, analyzing probabilities and seeking an edge. Consistency and long-term profitability are key for traders, while gamblers rely on luck and may experience inconsistent results.

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