Trading is a risky business. You can make or lose money, but it’s hard to know exactly how much you’ll win or lose with each trade. That makes trading more dangerous than gambling because gamblers usually have a clear idea of their odds and what they could potentially win or lose with each bet. The lack of limits in trading means that prices can keep moving up or down indefinitely, making your potential gains and losses bigger and bigger. It’s easy to get carried away when you think you’ll become rich if only the market goes your way; however, ignoring evidence that the market won’t go your way will probably lead to disaster. Remain objective about the risks involved in trading so that you don’t fall prey to wishful thinking about getting rich quickly at all costs.