Investing is calculated betting. When you purchase a stock you have hopefully done sufficient research to make an intelligent decision (based on the best available data). The main difference in gambling and stock picking is that investing is based on facts, not luck (although luck helps). Before buying any stock I always do my research which includes a lot of reading and analyzing. The hardest part of investing is sorting the filler data from important helpful data. Investing is calculated and precise. It requires knowledge, skill, and a little luck to become successful. You have to feel the feelings and live the experience to become a good investor. Most investors will say you need to think logically and not make decisions based on emotions. This is true for the most part, but sometimes you have to listen your intuition and sell that dog or double down.
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