Gambling

Researching for Australian gambling companies to invest or trade shares? Or gambling companies listed on the Australian sharemarket? Well here’s a list of the gambling companies found on the Australian stockmarket. The ASX have a variety of businesses listed on their exchange which represent the gambling industry. The gambling sector contains companies which provide gambling services to the public. These businesses fulfil the wagering, gambling and gaming needs of Australia.

Australian Gambling Stocks

Is trading gambling? It’s a question that’s bound to pop in your mind if you’re an active trader in the markets. Trading seems like gambling. You risk a portion of your capital into this thing: this concept we call a market. You put in your money and your money can do one of three things: return you an increase in capital, return you the same amount or return you less. Very similar to putting in money into the slot machines and getting those returns isn’t it? So are traders gamblers or not? Let’s examine it.

Is share trading a gambling activity? The Australian Pocket Oxford Dictionary defines gambling as to 'play games of chance for money'. It also defines gambling as to 'risk much in the hope of great gain'. Now, old George doesn't think share trading is gambling. In that post, he says, "You used technical indicators to tell you that the balance of probability lies in your court and if it doesn't - well you must quickly initiate risk management and cut losses." A statement that contradicts our dictionary definition. So some people classify share trading as "glorified gambling." Well, if you stick to the genuine definition of gambling, share trading IS gambling. Personally, I was in denial with this for a long time. Every time someone brought up share trading and gambling I would refuse to believe it was. But surely there's more to this argument...?

I am a 17 year old teenager and i want some tips on how to get started in playing the stock market?

You are young - so I guess you have a riskier trading profile than older people. You have the time to earn back money you lose - so perhaps most of your "playing" would be high risk high return ventures / trading. Have a look at CFDs (http://www.mysharetrading.com/trading-topics/derivatives-cfds) and other derivatives for a little leverage.