Gambling - knowing what you got into


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- Responsible gambling is knowing what you got into. Knowing that, the money you place on bet is at risk and has the chance to go double or triple and knowing you could lose them too. Also knowing that when you gamble, you know how to set a stop loss and you also need time to spend.

-- Traders are gamblers too, though the odds of winning is high they still set a stop loss knowing that their prediction could be either wrong or right. And what amazing is that they also set a take profit, no matter how they think they predicted the whole chart right. So it is important to know what you are doing, to manage your risk.

--Gambling is also like those of buying the books you wanted for pleasure. You make it as an expense in a way, that you are ready to lose it, not to gain money, but to indeed enjoy whatever the result it might be!

-- If you suspect that you have a gambling problem, you should try knowing what you got into and expect your behavior to change.