0-Dated Options Trading vs. Gambling: Which Packs More Thrill?

fingnome

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Quote from: avikz on September 26, 2023, 09:42:14 AM

OP, have you ever been into a ring trading floor? It used to exist before the online terminals came into the picture. I personally have not been there but whatever videos I have see for that, it's just horrendous. It's not for faint hearted people. No form of gambling can offer you that kind of thrill and chills that a ring trading floor can give you.

Gambling is more about a hidden pleasure. It gives you more anxiety than pleasure. It cannot match the thrill a trading floor offers.

Thank you for sharing your unique insights! Although I have never been on an exchange trading floor, I have spent 15 years on various major bank trading floors worldwide, and I agree, the environment is exceptionally exhilarating. Your description of gambling as a source of hidden pleasure and anxiety resonates as well, highlighting the contrasting emotions invoked by these different activities. Your commentary adds a significant dimension to this discussion by underlining the palpable atmosphere of trading floors versus the internal emotional rollercoaster of gambling. I sincerely value your thoughtful contribution to this conversation!

avikz

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OP, have you ever been into a ring trading floor? It used to exist before the online terminals came into the picture. I personally have not been there but whatever videos I have see for that, it's just horrendous. It's not for faint hearted people. No form of gambling can offer you that kind of thrill and chills that a ring trading floor can give you.

Gambling is more about a hidden pleasure. It gives you more anxiety than pleasure. It cannot match the thrill a trading floor offers.

ChuckBuck

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Isn't it happening in finance behind the scenes? Trading zero-dated options and regular gaming are both intriguing fields. Trading 0-dated options is all-or-nothing, right? You can get rich or impoverished with every tick or second of the game.

Then gambling - the wonderful, uncertain excitement of betting on a horse, spinning the roulette wheel, or laying the cards. It's unplanned and honest. You are right when say it as a free-form, adrenaline-filled environment that is ungoverned by anything.

However, these two areas differ unheard. Trading makes you feel in control and like research and analysis might help you. Gambling is a plunge into the unknown. Isn't that the fun? In the abyss? The world has always been curious about the unknown. Gambling's excitement is not knowing what will happen, but many people choose it anyway. It's not for the weak, but who wants to be weak in a fun and exciting world? What poison is yours? Do you like the steady rush of trading, or the unpredictable excitement of gambling? You own the floor Embarrassed

fingnome

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Quote from: philipma1957 on September 24, 2023, 04:44:36 PM

Quote from: fingnome on September 20, 2023, 03:18:32 AM

Hello, Bitcointalk community!

Having spent over 20 years on the trading floors of major banks, I've come across various financial instruments and strategies. One intriguing area that often pops up in debates is 0-dated options trading vs. traditional gambling. So, which is more fun? Let's dive in.

0-Dated Options Trading:
These are options that expire on the same day they're traded. It's an adrenaline-pumping ride, no doubt. Every tick of the underlying asset can drastically impact your position. The stakes are high, and so are the potential rewards. Imagine the exhilaration of capitalizing on market movements within mere hours!

Gambling:
Whether it's spinning the roulette wheel, laying down a poker hand, or betting on a horse race, the rush from gambling is undeniable. It's a game of chance, intuition, and sometimes, strategy. The unpredictability and immediate feedback loop can be a thrill.

The Verdict:
Both 0-dated options trading and gambling offer unique forms of entertainment. While trading offers a blend of strategy, research, and market intuition, gambling thrives on sheer chance and luck.

However, a crucial distinction to remember is that trading, when done right, is based on informed decisions, backed by market analysis and data. Gambling, on the other hand, is primarily about the thrill of the unknown.

For some, the analytical challenge of trading might be more satisfying, while for others, the raw unpredictability of gambling might be more appealing. It's like comparing chess to rolling dice; both are fun in their own ways!

What are your thoughts? Do you find the strategic challenge of options trading more thrilling, or the unpredictability of gambling? Share your experiences below!

In the english language gambling is defined as betting or placing wagers at unfavorable odds.

It is actually very boring to gamble if you are sane because you know you should lose.
Only delusional people find gambling exciting because they delusionally believe they can beat the odds.

So gambling for sane people = boring
gambling for delusional people = very exciting.

Day trade options are gambling unless you pay zero fees.

Or have inside info which overcomes the fees.

Lots of excited people on the floors of exchanges. So I would go for 0 dated options offering more excitment.

It's an interesting point you make about the perception of excitement in gambling and trading. I agree that gambling inherently has unfavorable odds, and it's the thrill of defying these odds that attracts many.

Regarding the comparison with 0-dated options trading, the concept of odds takes a different form. In trading, especially for novices, the 'odds' could be seen as market forces, bid-offer spreads, and commissions that one may not fully grasp initially. It’s crucial to acknowledge that similar to gambling, trading can present its set of challenges that might stack the odds against inexperienced market participants. The difference lies in the nature of these activities; while gambling is primarily based on chance, trading involves a strategic approach to navigate market complexities. Even in the face of high fees and spreads, traders can employ analysis and insights to make informed decisions, albeit the associated risks.

Mr.right85

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Quote from: fingnome on September 20, 2023, 03:18:32 AM

The Verdict:
Both 0-dated options trading and gambling offer unique forms of entertainment. While trading offers a blend of strategy, research, and market intuition, gambling thrives on sheer chance and luck.

However, a crucial distinction to remember is that trading, when done right, is based on informed decisions, backed by market analysis and data. Gambling, on the other hand, is primarily about the thrill of the unknown.

I think this is where the rulings lies on both.
While one and that be the 0-dated trading has to be one that, you really can’t accept just any outcome and that explains the reason behind your taking the time and resource in going through several analytical steps and tools to come by a decision on when to place your trade,
Gambling is totally different and don’t have much to consider which leaves you open to a lot of options and even the possibility of some serious loses.

So, it’s easy to say the thrills really lies in gambling as I don’t see no one taking trades and would be okay loosing. Not like you would have much of a choice in it but, there is hardly an I don’t care option in it. Your always going to care when it comes to trading but not so much with gambling.

philipma1957

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Quote from: fingnome on September 20, 2023, 03:18:32 AM

Hello, Bitcointalk community!

Having spent over 20 years on the trading floors of major banks, I've come across various financial instruments and strategies. One intriguing area that often pops up in debates is 0-dated options trading vs. traditional gambling. So, which is more fun? Let's dive in.

0-Dated Options Trading:
These are options that expire on the same day they're traded. It's an adrenaline-pumping ride, no doubt. Every tick of the underlying asset can drastically impact your position. The stakes are high, and so are the potential rewards. Imagine the exhilaration of capitalizing on market movements within mere hours!

Gambling:
Whether it's spinning the roulette wheel, laying down a poker hand, or betting on a horse race, the rush from gambling is undeniable. It's a game of chance, intuition, and sometimes, strategy. The unpredictability and immediate feedback loop can be a thrill.

The Verdict:
Both 0-dated options trading and gambling offer unique forms of entertainment. While trading offers a blend of strategy, research, and market intuition, gambling thrives on sheer chance and luck.

However, a crucial distinction to remember is that trading, when done right, is based on informed decisions, backed by market analysis and data. Gambling, on the other hand, is primarily about the thrill of the unknown.

For some, the analytical challenge of trading might be more satisfying, while for others, the raw unpredictability of gambling might be more appealing. It's like comparing chess to rolling dice; both are fun in their own ways!

What are your thoughts? Do you find the strategic challenge of options trading more thrilling, or the unpredictability of gambling? Share your experiences below!

In the english language gambling is defined as betting or placing wagers at unfavorable odds.

It is actually very boring to gamble if you are sane because you know you should lose.
Only delusional people find gambling exciting because they delusionally believe they can beat the odds.

So gambling for sane people = boring
gambling for delusional people = very exciting.

Day trade options are gambling unless you pay zero fees.

Or have inside info which overcomes the fees.

Lots of excited people on the floors of exchanges. So I would go for 0 dated options offering more excitment.

famososMuertos

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You have a point of view , " 🪟 " ,it's your way of seeing things and if they work for you, what's the point of going to the question to say something that can't be compared.

You make a comparison in my opinion as wanting to count apples and pears, they can be counted but like fruits, apples are apples, pears are pears, it seems obvious but they cannot be added to what each one means.

So, It's as wanting to compare chess with throwing dice, I find it wow, really, but if you add the adjective fun, you limit it to that, "fun" but I don't know how You can compare in the individual sense as Game of what it really means to play it, the chess, e.g.

Apple, peras,chess, dice can be counted as food and entertainment, but their own individuality makes them different, and that is understandably obvious, you understand.

It's the same with the eternal "annoying" comparison trade vs. Bets.

palle11

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Quote from: fingnome on September 20, 2023, 03:18:32 AM

For some, the analytical challenge of trading might be more satisfying, while for others, the raw unpredictability of gambling might be more appealing. It's like comparing chess to rolling dice; both are fun in their own ways!

I think that trading is more professional and not prediction based but analytical which brings out the thrill in it. People can rely on it for source of income even though it is risky but you can reduce the risk with stop loss which stands out as a major difference for the gambling aspect whose main winning power rely on prediction and luck. Trading is more thrilling for me, the charts are there to guide you into the world of global financial economy.

Wexnident

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Quote from: fingnome on September 20, 2023, 03:18:32 AM

~

It's like you're comparing writing an explanation of how to play a game vs how you should play a game. It's a no-brainer which one is much more entertaining in thrilling. Though I guess a minority would exist here, I reckon the majority would answer that gambling is naturally the more thrilling part. You're relying on literally nothing after all, just pure luck. Include to that the possibly staggering amount of money you'd bet and win/lose after that single click. I also wouldn't really consider trading as a form of entertainment. I guess for you it is, but for the vast majority I reckon it's not and it shouldn't be.

Sim_card

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Quote from: fingnome on September 20, 2023, 03:18:32 AM

What are your thoughts? Do you find the strategic challenge of options trading more thrilling, or the unpredictability of gambling? Share your experiences below!

They are both similar to each other, because you predict and wait for the outcome of the game or the trade for the day. they are both drilling, but I have will prefer gambling to 0DTE, because I see gambling is of more fun to me than 0DTE. I get the thrill more when I am gambling and expecting to win the game, and when it turns out the other way round, I accept my fate because I wasn't expecting to win alone but I have also considered losing too.

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Quote from: NotATether on September 21, 2023, 03:23:28 AM

Quote from: fingnome on September 20, 2023, 03:18:32 AM

0-Dated Options Trading:
These are options that expire on the same day they're traded. It's an adrenaline-pumping ride, no doubt. Every tick of the underlying asset can drastically impact your position. The stakes are high, and so are the potential rewards. Imagine the exhilaration of capitalizing on market movements within mere hours!

What?

I don't see how staring at a bunch of numbers on the screen is supposed to pack more thrill than gambling, especially when the result will not be known for several hours in the worst case.

Besides, gambling is supposed to be a pastime, not something you take as a job. Trading is the complete opposite of that and you're not supposed to fool around.

I believe you misunderstood this guy, it's trading that has a distinct difference from gambling, not option trading, and option trading is just like gambling brought into trading.

Options trading is a way you bet against time with either a call or put options just like you do in gambling. It's more gambling because your speculation of the position might be right, but what about the accuracy of the timing, will the market fulfil all your chosen options?

This is just a gambling practice within the market and the reward is often very high as I've seen as high as 100% return in traditional options trading depending on the risk involved if the predicted outcomes are positive. They merely added "trading" to it as it's being done in relation to the market, but in practice, you are gambling. Also, I've seen a gambling site that added options trading to their offerings.

Don Pedro Dinero

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Quote from: fingnome on September 20, 2023, 03:18:32 AM

What are your thoughts?

I think that when you talk about gambling you mix things that have nothing to do with each other and therefore your argument is flawed.

Quote from: fingnome on September 20, 2023, 03:18:32 AM

Gambling:
Whether it's spinning the roulette wheel, laying down a poker hand, or betting on a horse race, the rush from gambling is undeniable. It's a game of chance, intuition, and sometimes, strategy. The unpredictability and immediate feedback loop can be a thrill.

Betting on horse racing and poker are essentially different from roulette because you can win money in the long run.

Quote from: NotATether on September 21, 2023, 03:23:28 AM

Besides, gambling is supposed to be a pastime, not something you take as a job. Trading is the complete opposite of that and you're not supposed to fool around.

This is not the case for horse racing, poker and sports betting, which the OP has not mentioned. For example, do you think Alan Woods shouldn't have taken it as a job?

The Hundred and Fifty Million Dollar Man

Alan Woods: The Master of Quantitative Horse Racing Betting | People Who Got Rich from Betting

Fara Chan

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Quote from: teosanru on September 23, 2023, 01:05:57 PM

Honestly both are very same in this case. If you are doing trading without any analysis at the back then it's more or less just like gambling. Coming to which could bring more thrill. I think trading would bring more because the outcomes are more, in gambling comparetively the outcomes are less instead.

Doing trading without analysis or without continuous research on the market will always end up being very ridiculous, because a job like trading is a job that really requires special knowledge and understanding of the market in order to get better and maximum results. So if there are people who like to trade without doing analysis or research and also don't have any knowledge about trading, that is called recklessness and is not a good thing to do. And another parable is as you said, which is not much different from gambling.

dansus021

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Both of them are packed with thrill they are created like that from the original package. I will do trade still can be analysed and give you a ton of profit.

But just an opinion if I have to do both I will definitely to go buy my previous bucket list https://bitcointalksearch.org/topic/m.62892554

teosanru

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Quote from: fingnome on September 20, 2023, 03:18:32 AM

Hello, Bitcointalk community!

Having spent over 20 years on the trading floors of major banks, I've come across various financial instruments and strategies. One intriguing area that often pops up in debates is 0-dated options trading vs. traditional gambling. So, which is more fun? Let's dive in.

0-Dated Options Trading:
These are options that expire on the same day they're traded. It's an adrenaline-pumping ride, no doubt. Every tick of the underlying asset can drastically impact your position. The stakes are high, and so are the potential rewards. Imagine the exhilaration of capitalizing on market movements within mere hours!

Gambling:
Whether it's spinning the roulette wheel, laying down a poker hand, or betting on a horse race, the rush from gambling is undeniable. It's a game of chance, intuition, and sometimes, strategy. The unpredictability and immediate feedback loop can be a thrill.

The Verdict:
Both 0-dated options trading and gambling offer unique forms of entertainment. While trading offers a blend of strategy, research, and market intuition, gambling thrives on sheer chance and luck.

However, a crucial distinction to remember is that trading, when done right, is based on informed decisions, backed by market analysis and data. Gambling, on the other hand, is primarily about the thrill of the unknown.

For some, the analytical challenge of trading might be more satisfying, while for others, the raw unpredictability of gambling might be more appealing. It's like comparing chess to rolling dice; both are fun in their own ways!

What are your thoughts? Do you find the strategic challenge of options trading more thrilling, or the unpredictability of gambling? Share your experiences below!

Honestly both are very same in this case. If you are doing trading without any analysis at the back then it's more or less just like gambling. Coming to which could bring more thrill. I think trading would bring more because the outcomes are more, in gambling comparetively the outcomes are less instead.

cabron

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I have not really tried that 0dated options trading but I think it has a little to zero difference to binary which you can choose which time frame it will expire which I think both is thrilling than gambling. I find it thrilling to play in binary trading but it's just risky to do it on crypto because there is no reputable platform that does have it. If there is, the platform loads too slow that it becomes riskier to play on it.

CODE200

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I think options trading and gambling both sparks thrill because both involves money and requires you to make bold decisions. But in my opinion, gambling is more thrilling. First, gambling relies heavily on luck, and is an unpredictable game. So, it would really instigate excitement and at the same time anticipation to the person. Because the more unpredictable it is, the more we seek for better outcomes. On the other hand, trading can be less thrilling compare to gambling because you can make informed decisions in trading unlike in gambling. Yes, we can argue that market is volatile, but if you're back up with good analysis skills and you how to analyze data and the basics of trading, you can at least minimize the risks in contrast in gambling. You can also develop both strategies on both, but the probability of overseeing the outcome is much lower in gambling compared to trading. And howsoever, you still have control on the outcome of your trades, which is very contrary to gambling. So, weighing both of them, gambling is packed with more thrill than trading.

fingnome

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Quote from: slapper on September 20, 2023, 05:28:22 AM

There are some key differences between gaming and trading 0-dated options. First, the foundation. When buying options, especially ones with no expiration date, relies on market volatility, news, and real-time data. In addition to racing against the time, you're trying to predict market movement based on up-to-date event. It's high stakes, fast-paced, and demands a certain level of expertise

Gambling is fun but works differently. You can't beat the house, and outcomes are often more random than skill-based. Casinos and other gambling establishments are profit-driven

0-dated options reflects our fast-paced, data-driven world. You can't just follow your intuition; you must respond to current events. Conversely, gambling remains static, its basic principles unchanged for centuries

Both conditions provide an adrenaline rush, but they work differently. Gambling escapes into chance, while options trading demonstrates the current financial structure

Absolutely, you bring up a crucial point! While casinos have their house edge, in options trading, traders often contend with Huge bid-offer spreads that can significantly impact profitability. It's a bit like navigating a financial minefield where the bid-offer spread can eat into potential gains and make it challenging to come out ahead, especially in short-term trading.

In the world of options, understanding and managing these spreads is vital. Traders not only need to predict market movements but also ensure that the difference between buying and selling prices doesn't erode their profits. It's a different kind of challenge compared to casino games, where odds are more transparent.

Let's dive deeper into this topic. How do you approach managing bid-offer spreads in your options trading strategies, and what tips do you have for fellow traders dealing with this aspect of the game?

NotATether

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Quote from: fingnome on September 20, 2023, 03:18:32 AM

0-Dated Options Trading:
These are options that expire on the same day they're traded. It's an adrenaline-pumping ride, no doubt. Every tick of the underlying asset can drastically impact your position. The stakes are high, and so are the potential rewards. Imagine the exhilaration of capitalizing on market movements within mere hours!

What?

I don't see how staring at a bunch of numbers on the screen is supposed to pack more thrill than gambling, especially when the result will not be known for several hours in the worst case.

Besides, gambling is supposed to be a pastime, not something you take as a job. Trading is the complete opposite of that and you're not supposed to fool around.

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Quote from: fingnome on September 20, 2023, 03:18:32 AM

What are your thoughts? Do you find the strategic challenge of options trading more thrilling, or the unpredictability of gambling? Share your experiences below!

This might be the generic answer, but it depends on the player and the level of involvement they have in the game.

Any activity that involves staking money for possible return is enough to cause some level of thrill for the player cause they have something at stake they can lose and potentially have some larger amount they can win. When you narrow that down into a one of few hours or even minutes the thrill rises automatically and can be repeated several times over

Gambling and trading both have their appeal and judging by the fact that both can get addictive, it is associated with a release of dopamine due to the thrill it causes.

If I'm to add something to your question, gambling is also a strategic challenge just as trading is and it requires a lot of critical thinks and consideration of past events.

Topic: 0-Dated Options Trading vs. Gambling: Which Packs More Thrill? (Read 265 times)