Originally Posted by OzExorcist
Definitely consider it gambling.
But then I also consider investing in shares or property to be gambling, so take it with that grain of salt if you will.
Soo.... A financial analyst which approaches stock valuation and investment analysis with tools and various valuation measures to reach a more informed decision about a series of stocks would be considered gambling?? Given this individual is in fact a professional.
So then compare this to a Professional poker play whom devotes majority of their time to studying the "science" behind poker to make better informed decisions throughout their game.
Well, if an individual opens an account on e-trade only to pick a few stocks with no general investing knowledge or certifications; or a player with little to no experience or knowledge of the game shoves all-in top pair.. Well yes, then I would agree that it is a gamble.
But! play the cards, your opponents, odds
, and take the time to learn and improve your game and this makes it more skill than luck.
Just my 2 cents.. (from a student pursuing a Finance degree lol)