> But if that is your definition of gambling then every human gambles every single day just by living. I would indeed argue that this is the case, but that's p

> But if that is your definition of gambling then every human gambles every single day just by living. I would indeed argue that this is the case, but that's probably not useful for the purposes of this discussion. :) > Personally I don’t think minimizing risk as far as I can is a particularly enlightened or interesting way to live ones life, but to each their own. That's perfectly fine, and I'm not trying to dissuade you or anyone else from actively trading if it is interesting and enjoyable to you. (FWIW I have also made very good returns doing this in the past, and had a lot of fun doing it—I only stopped because my risk tolerance changed.) But, except in specific circumstances[0], to call it anything but gambling is a bit disingenuous, and statistically speaking, you will most likely underperform the market. [0]: In particular, if you have something that most other investors don't, such as data/information, faster algorithms, etc, it's entirely plausible that you can have an edge on the market and tip the odds in your favor. But this does not describe the vast majority of investors, let alone individuals doing this in their free time.