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Euromoney - Lottery - you could win millions

Submitted by Start Trading FX on February 8, 2008 - 16:36.

It may not be an fx trade, but a possible £95million seems to good an opportunity to miss. In this article we'll highlight a key question to ask yourself.. are you gambling or trading?

 

 

 

So did you gamble, did you trade, did you bet? There is a question of when a trade becomes a gamble, when logic gives way to sentiment, and when the idea of something becomes more attractive than the real statistical probability would suggest it should be.

Me personally I like the lottery from time to time, ensure I only play a small amount that I really am prepared to lose, and look at it as entertainment. Where as my fx trading, well that is something much more serious.