In this episode, we tackle this popular question. Dave polled several traders he coaches and got some surprising answers.

• How much is trading like, say, poker, or something that is even more up to chance?
• Even starting a business can be called gambling if defined purely as "risking money on uncertain outcomes."
• Does having an edge make trading less like gambling?
• In a casino, is the house "gambling" because it has a strong edge?

What's your take?

---

Before you go!

The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.

I hope to see you there!