ChristiaNet.com (http://www.christianet.com), the world's largest Christian portal with twelve million monthly page loads, recently polled reader's on the question, "Is day trading on the stock market gambling?" The majority was unsure but some of the participants felt that it is gambling since you can win or lose. One respondent wrote, "It's like a game of chance." The people who felt that trading is wrong overall seemed to agree that the Bible warns against foolish spending and as Christians we should be investing in the Kingdom of God, avoiding temptation because greed is never satisfied. (http://www.christianet.com/stocks/)
Out of 291 polled, 94 felt that day trading was a form of gambling. 128 of the respondents were unsure and many stated that they didn't have sufficient knowledge about it to comment while others felt that it was a personal choice. Some participants seemed to have mixed feelings on whether it is investing money wisely since the results are uncertain and Christians considering this type of investing should do some research on it or rely on a broker who knows more.
Sixty-nine people did not feel that there was anything wrong with it. One person commented, "All investments are a gamble and we are told to invest our money and be wise stewards." One participant leaned towards the Bible scripture of the good servant who turned 5 coins into 10. A few of the respondents stressed that one's attitude is what matters most because of the temptation of greed. One person argued that it isn't taking a chance because there is a calculated way to invest and if a person has enough knowledge about it they can be successful.
One wise participant felt Christians interested in this sort of investing such consider the welfare of their loved ones before doing so and use wisdom. Many people seemed to agree that those who play the stock market can get drawn in and become addicted to it. One reader made the point that day trading is more of a risk to investors compared to long-term trading. Another participant said that it is just conducting business for many people, the act of buying and selling, and that a healthy economy benefits everyone. For more information, visit: http://www.christianet.com/articles/
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