This is a YouTube video titled "Trading vs Gambling: A Hard Truth" containing a monologue or talk by Brian McAboy recorded in March 2025. Brian discusses trading strategies, specifically addressing risk management and the frequency of trades in day trading, contrasting it with gambling behavior.
And many years ago, I would have kind of laughed about that. It's like, dude, that's just your gambling thinking. It's not realistic. I said, let's take a look at how you're trading. I said, okay, so what kind of per trade risk are you running? And he was keeping his trade small and conservative, just running 1% per trade. And. But the thing is, he was placing so many trades per day. Who's day trading In a super fast one minute chart, in and out all the time. And he could pile up eight, ten trades a day. Well, at that rate, you figure if he's only making, even if he's only making a half percent of trade, but he's getting in 10 trades a day, well, that's 200 trades a month.
