Day Trading Versus Gambling – Differentiating the Two

Many a times, day trading in stocks and currencies is likened with gambling. This is mostly because of the unpredictability of the market. As in gambling, outcome of any action in stock or currency markets is uncertain. If the players knew the outcome then every body could be rich overnight.Secondly day trading is subject to huge losses and gains just like gambling.Thirdly the usual traits of gambling like greed, fear, ignorance and hope are important elements of both the markets. In fact these four are the foremost emotions governing any sort of trading and gambling.Many traders and gamblers trade by emotion.Despite many resemblances between the two, there are important differences which make day trading in stocks and currencies unlike gambling.A Trading PlanIn day trading, one can have a trading plan which is not true in case of gambling. This plan will identify the points of entry and exit, the selection of timings, the choice of currencies or stocks and the like. So it is trading by plan rather than by emotion.Trading ToolsThere are several tools available to a day trader which are not relevant in gambling. A lot of research has gone in these and traders take advantage of them. Though not always helpful, these do make certain things clearer.Most important tools in this are maps, charts, graphs, moving averages etc. One can also use techniques like stop loss and limited price trading.Large Number of Players InvolvedIn stock markets there are a large number of players. None of them is in a position to influence the market. The market is news driven. In gambling it is all a matter of chance.Market TimingIn day trading, the most important thing is market timing. This is unlike the case with gambling.Legal PositionLegally gambling is prohibited in most of the places. There are severe restrictions on online gabling. On the other hand, day trading is totally legal both online and through a broker. While gambling is abhorred by the society at large, day trading is considered as a profession by many.Exchange RulesThere are extensive rules and regulations governing day trading as prescribed by many trading exchanges. On the other hand there are no such rules governing gambling.Thus there are many important differences between day trading and gambling. However, both are extremely risky and liable to huge losses. It is hard to make any predictions though in gambling it is totally irrelevant. Both are subject to high stakes.

How About Some Cheap Online Games to Try For Fun

You have a computer and have enjoyed playing free games which come with it like solitaire, spider solitaire, freecell, pinball and hearts. But you have come to the stage where you would like to try something more. How about some cheap online games to try for fun.To start with, your internet provider has a selection of games that they feature. Some are free, others are cheap and there are also games that can be downloaded onto your computer. The games could be listed on your welcome page or landing page or toolbar. Other games of interest will need to be searched for, through your search engine. Just type in”cheap online games” (please note, that you should put cheap online games in these inverted comas “——–” so you get listings for cheap online games. If you do not use these ” ” then you will get listings for cheap; and online; and games; as well ) or type in a specific game. If you find many listings for a particular game then it is more likely to be either free or fairly cheap. The popular and rare and hard to find games are most likely not going to be cheap. But you never know your luck.You need to be aware that cheap online games may not have the same features and levels as more expensive versions and the graphics may be less advanced. However you can find cheap online games for every skill and age level. And this is great for children, especially since their taste and interests change often they may only play a game once before they lose interest.Cheap online games are available on many different sites and there are varying ways to pay and play. Some games:1. have a short free trial period then a fee is required.
2. have a small fee each time they are played.
3. have a monthly fee with fairly unlimited play and restrictions to this.Whatever the game is, the fee should not break your bank and there are many of them.Make sure you understand all the rules associated with the site and games you want to play. You need to know the cancellation process clearly and that you are note paying for more than a month at a time.Now that you have read all this how about some cheap online games to try for fun. You may enjoy the change.

Video Gaming Goes to Brand New Heights

With all the advancements in technology, video games and video gaming systems have changed over the past couple of decades. In fact, if children today were given the very first video gaming system that hit the market they would most definitely think that it was a dinosaur.The graphics of these new video games are so intense that gamers have a very hard time pulling themselves away their video gaming system when they begin playing a new video game. These video gaming systems available today are the best that have ever been on the market, which explains why they are so popular around the entire world as well as the video games that go with them. Being able to keep up with the technological advancements does mean being able to have the money to do so, especially since about every two years a new video gaming system will hit the market. However, this does not seem to bother those intense video gamers.Still, there are those individuals that are simply stuck in their ways and do not mind sticking with their old video gaming systems. Most individuals, however, prefer to purchase the new video gaming system, especially if they have children, which normally will hit the market right before the end of the year so that it will be available to be on the Christmas list of every child in the world. The advancements that have been made in the video gaming industry have been truly incredible, especially if you take into consideration what video games looked like less than ten years ago.Individuals have been known to stand in extremely long lines to get their hands on one on the new video gaming systems when they hit the market. Then when an extremely popular video game is suppose to hit the market, gamers will pay in advance for an opportunity to one of the first ones to get their hands on one. With the release of each new video gaming system comes along with it brand new astounding features that gamers know they can not go wrong.Children and adults alike enjoying sitting down and enjoy playing a video game, which is another reason that video gaming systems and video games have become so popular all over the world. All video games require some type of interaction from the gamer. With the addition of each new video gaming system come new and improved graphics that are said to be better than before and gamers know it is true.The most recently released video gaming systems have the capability of on-line play, which allows gamers to connect to the Internet for a chance to play other gamers from all over the world. Some of the graphics on these new video gaming systems are enhanced by technologically advanced Blue-ray disc, which also brings along with it much better sound quality. With the addition of the Blue-ray disc, graphics are the very best in video gaming history simply because these graphics are so realistic.