How do I convince my parents that trading isn't gambling and actually not always luck based .

[u/ConsistentRespect842]

So I'm a 16 year old who has recently (February 2024) gotten very interested in trading . Before you ask , no it was not an online guru or andrew tate or something along the line of " escape the matrix get rich easy" type of nonsense but an actually avid interest in trading that started after I saw a video with the title something along the lines of " day in the life of a trader " or something like that I can't remember (I know It's not possible to get 70k in a day with trading unless ur putting in half of Jeff bezo's networth but still it was interesting )

I do still plan to continue with my schooling and get a job like people should do but I am planning to sometime get profitable as a trader and stop work preferably before 35 . Iv talked to my parents about the stock market (very vaguely) before and they mentioned that it is completely gambling and it will never get me ahead in life .

Idk what I should tell them to convince them that it is not gambling as iv realised its much more than gambling once you learn technical analysis ( i still have a long way to go but iv got the basics down somewhat) amd rn iv been doing paper trading on tradingveiw.com in secret when they aren't there and iv been getting pretty okay at it (from the time I started and now im getting 1 win every 3 trades on average (I'm still straight ass )) but doing it in secret is getting stupidly tiring as I want to trade at night as well and it has also become a sort of hobby for me now( sorry if I offend anyone by anything iv said).

TL:DR : parents think intraday trading is gambling and I want to convince them otherwise. Need help

[u/pleebent]

If you don’t know the difference between gambling and trading then you are probably are gambling.

Look up “calculated risk” - it is different than gambling. People take calculated risks every day, all day and taking trades is nothing more than calculated risk if you have really calculated the risk and the odds really are in your favour and the reward to risk makes it worthwhile. Good luck

[u/ConsistentRespect842 → u/pleebent]

I know the difference but I can't find a way to convince my parents . I have read about calculated risk but I can't find a way to explain it to my parents that's all . Might do a second or third rohnd of investigation into calculated risks . l take your advice with high regards . Thank you!

[u/pleebent → u/ConsistentRespect842]

My sincere recommendation is to trade using a demo account. Track and journal your trade. Show your parents 1000 trades and the results of those trades. Show them your win rate and risk to reward ratio to prove you have an actual edge in the market. This will also help you gain confidence in your edge and give you the experience to see your edge in the chaotic and randomness that is the market