With the popularity of the Robinhood trading app, many people are stuck at home day trading on their phones! Nothing wrong with this other than you could be gambling your life savings away. There are a few ways to tell if you are gambling vs. really investing. Gambling is essentially letting your gains be up to chance while investing you have a higher degree of success than 50/50. Gamblers sometimes can get a streak of winnings as so can a person trading stocks. I have put together a few signs that can let you know if you are investing vs. gambling.
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