The gamblers vs the disciplined trader route By Good Reads. Both the gambler's route and the disciplined trader's route involve taking risks, but they do so in very different ways, with different mindsets and strategies. Let's break down the differences between these two approaches: For over 25 years of trading markets development Join DERIV 1. The Gambler's Route Mindset: Gamblers often rely on luck, hunches, or feelings. Their approach is more impulsive and less structured, with a focus on short-term gains. They may be driven by the thrill of the risk or the excitement of potential rewards. Risk Management: Gamblers tend to have poor risk management, often risking more than they can afford to lose. They might engage in behaviors like "chasing losses," where they continue to bet more in an attempt to recover previous losses. Decision-Making: Decisions...