Topic: Between futures trading and gambling - page 15. (Read 1870 times)
To make money in futures trading, we need to learn technical analysis, and we need to make an effort to learn technical analysis. However, we do not need to make any effort to gamble. That's why people generally prefer to gamble. But this is not true in my opinion because gambling is played for fun but we have to make an effort to make money. Of course, there are those who make a lot of money by gambling, but there are more people who lose all their money while gambling than those who make a lot of money by gambling. If you give me only two options, I prefer futures trading.
Trading just like gambling will involve emotional fear and decision at least for the reason that they both involve the possibility of losing your money if it doesn't go your way. This is sure because money is the primary focus here in both and a trader or gambler fight to secure the money and to increase it
Yes but gambling is more riskier than trading because whatever you do there is no stop loss or dca that you can do to prevent larger loss, in gambling you just sometimes need to rely in your luck or strategies you have been done before. But I agree there's no such big difference among these two, but futures can make you instantly rich if you will increase it in 75x cross but in another way you can also be poor instantly when things go dip.Of course gambling is very risky to lose money faster because we all know that the gambling business is not to provide customer benefits.
But trading is of course a profit depending on our strategy and our losses can be set how much we have to lose and profit.
For the long term it is better to trade futures with less risk.
But trading is of course a profit depending on our strategy and our losses can be set how much we have to lose and profit.
For the long term it is better to trade futures with less risk.
~snip~
would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
^ There are indeed different types of gamblers with varying motivations and preferences. would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
If I may address your question, it revolves around the choice between gambling in a casino or exploring futures trading as a means to make money. While both options I think offer potential financial gains, of course, there is a risk. However, it is important to remember that the odds are typically stacked against the player, making it a riskier endeavor in the long run.
This futures trading involves speculating on future price movements, it requires learning about market dynamics including technical analysis, which also carries risks. Opposite of gambling that solely pure of base on luck.
but futures can make you instantly rich if you will increase it in 75x cross but in another way you can also be poor instantly when things go dip.
Wow really... Like you said if that decision goes wrong, you are good as starting all over which does not make business sense to take all your coins into trade at a time for a probable profit. 75x is very high risk and not to be encouraged. Likewise also in gambling, to cut the risk is to bet as you can be fine when you lose the money.
Trading just like gambling will involve emotional fear and decision at least for the reason that they both involve the possibility of losing your money if it doesn't go your way. This is sure because money is the primary focus here in both and a trader or gambler fight to secure the money and to increase it
Yes but gambling is more riskier than trading because whatever you do there is no stop loss or dca that you can do to prevent larger loss, in gambling you just sometimes need to rely in your luck or strategies you have been done before. But I agree there's no such big difference among these two, but futures can make you instantly rich if you will increase it in 75x cross but in another way you can also be poor instantly when things go dip. The argument that features like stop-loss make trading safer is only partially valid. Indeed, stop-loss can help limit losses, but only if correctly used. It still doesn't make trading any less risk-prone.
I don't think there is any means of not correctly using stop loss only if you know how to set it to safeguard some of your money back to you. At least that is what the name means.
It also doesn't ensure that one won't get sucked into the vortex of continuous trading in the hope of recovering losses. The assertion that trading doesn't involve emotional burden seems rather skewed.
Avoiding being skewed is not the purpose of stop loss but to manage resource or the capital. When you make wrong decision the stop loss can stop it at some point.
In fact, emotional decision-making and psychological biases are often at play in trading decisions as well.
Trading just like gambling will involve emotional fear and decision at least for the reason that they both involve the possibility of losing your money if it doesn't go your way. This is sure because money is the primary focus here in both and a trader or gambler fight to secure the money and to increase it
I've never seen someone saying that trading is fun, it's no fun and yes it's all about making money, the reason why trading is better is because the addiction is not that captivating like gambling, it's easier to walk away from trading than gambling.
You can limit your losses with futures trading unless you don't know what you are doing, all you need is the right skills and there are features like stop loss that are not available on gambling, if you know how to use stop loss you will limit how you lose money.
I just like trading more than gambling because you don't have to deal with emotional garbage, you don't have to set some rules on how you gamble per week, and you can escape total loss when trading.
While it's clear that you distinguish trading from gambling as the lesser of two evils, it's worth taking a closer look at these convictions. Trading, like gambling, is based on uncertainty and, at times, can harbor its own addictive potential. For instance, trading may not bring forth immediate thrills like gambling, but the excitement of monitoring price fluctuations, anticipating market movements, and making trades can bring its own dopamine rush. This can, over time, turn into a form of addiction.You can limit your losses with futures trading unless you don't know what you are doing, all you need is the right skills and there are features like stop loss that are not available on gambling, if you know how to use stop loss you will limit how you lose money.
I just like trading more than gambling because you don't have to deal with emotional garbage, you don't have to set some rules on how you gamble per week, and you can escape total loss when trading.
The argument that features like stop-loss make trading safer is only partially valid. Indeed, stop-loss can help limit losses, but only if correctly used. It still doesn't make trading any less risk-prone. It also doesn't ensure that one won't get sucked into the vortex of continuous trading in the hope of recovering losses. The assertion that trading doesn't involve emotional burden seems rather skewed. In fact, emotional decision-making and psychological biases are often at play in trading decisions as well.
On the other hand, gambling is a purely luck-based activity. You cannot control the outcome no matter how much you know and how much you have practiced.
I think it's not entirely true for sports betting. In sports betting a punter can study history, records, conditions, players health, emotional status of the playing team, opponents' strength and may more factors before making a decision. There are many tipsters [I heard, never found one though LOL] who have good records and their picks always perform. Even with spending one or two hours analyzing a team, you can somehow predict who will win or lose. Then you have arbitrage betting on your hand. When a sport better can control his emotion and know when to stop, I think sports betting is more secure than slots and casino games. And if you are confused about choosing a coin on the market, you just have to choose Bitcoin and use it as an investment or you can trade. If you can't analyze, choosing investment over trading is better.
I tried to trade my bitcoin many times with the hope of accumulating my coins and every time I failed and lost my stash LOL. Holding is the best that worked for me and working. 
would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
We first need to make the clarification that they are both not thesame thing and are different from each other, when you are trading, you choose a particular method or pattern for your trading and you don't loose your entire investment on it, when you're gambling, you already know that this is an investment so you risk loosing your entire money on it as well, so as far as they are different from each other, things cannot happened the same way in them both.
Trading has become a way for many people to make money and many of them have succeeded in earning money. Although some people have succeeded in making money from gambling, there are not many of them because most of these people experience variable losses.
And if you are confused about choosing a coin on the market, you just have to choose Bitcoin and use it as an investment or you can trade. If you can't analyze, choosing investment over trading is better.
Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
Trading always requires skill and knowledge, you cannot approach it with the same mindset as gambling. Only fools trade without the necessary research and analysis of the market. Trading is a skill that can be learned and mastered. Of course, luck is always essential for success, but that's how it is with everything in life.
On the other hand, gambling is a purely luck-based activity. You cannot control the outcome no matter how much you know and how much you have practiced. That is a big difference between the two.
It may sound strange, but I enjoy trading more than gambling. The feeling of winning is much better when you know that you made it yourself.
There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.
would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
Futures trading and gambling are similar, in futures trading if you can enter the dumping market then you can definitely get profit if you have no chance of liquidation. But if you make a bet in gambling and lose that bet you have no chance of getting your capital back but in futures trading you will definitely get profit if there is no liquidation. would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
I've never seen someone saying that trading is fun, it's no fun and yes it's all about making money, the reason why trading is better is because the addiction is not that captivating like gambling, it's easier to walk away from trading than gambling.
You can limit your losses with futures trading unless you don't know what you are doing, all you need is the right skills and there are features like stop loss that are not available on gambling, if you know how to use stop loss you will limit how you lose money.
I just like trading more than gambling because you don't have to deal with emotional garbage, you don't have to set some rules on how you gamble per week, and you can escape total loss when trading.
You can limit your losses with futures trading unless you don't know what you are doing, all you need is the right skills and there are features like stop loss that are not available on gambling, if you know how to use stop loss you will limit how you lose money.
I just like trading more than gambling because you don't have to deal with emotional garbage, you don't have to set some rules on how you gamble per week, and you can escape total loss when trading.
would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
We first need to make the clarification that they are both not thesame thing and are different from each other, when you are trading, you choose a particular method or pattern for your trading and you don't loose your entire investment on it, when you're gambling, you already know that this is an investment so you risk loosing your entire money on it as well, so as far as they are different from each other, things cannot happened the same way in them both.
Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
Less risky depending on your bet variation or your position, they have the same "power" probability of beating you in just one round.
However, people still have an interest in each due to the fact that futures and gambling have different orientations. More precisely, gambling prioritizes the quality of the user's gambling experience as an entertainment service so they offer a wider variety of games and various betting bonuses.
Futures are profitability oriented, they give users the opportunity to increase profits with only one type of game which I find boring.
would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
To make some money, obviously I would prefer trading than gambling because with us trading all risks can be minimized as small as possible directly different from gambling where winning and losing depends on luck and it is difficult for gamblers to beat the house edge.Quote
Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
Saying which is the easiest, then I say it's easier to trade than to gamble even though both can make money but by trading we can have knowledge in calculating price statistics and also technical analysis research.The risk is obviously bigger in gambling because there when we lose we lose all the money at stake, it's different from trading, where when the price drops we can sell it so we don't lose big or hold it so we wait for the price to improve and then we can sell it.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.
would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
Unless you make a distinction first, your parallelism is not clear. People who gamble with a focus on making money don't succeed no matter how hard they try, unless we are talking about poker and sports betting. In these two cases we could draw a parallel with them and trading, but not with the rest of casino games.
As for which would be more difficult, I don't know what to tell you. They all require study and effort, and as for changing your life, you'd better play the lottery, because in poker sports betting and trading, what you win will depend on your initial banrkoll, and if you win a bet or make a trade that gives you a 100x it's because it was a very risky bet or trade and almost every time you're going to repeat a play you're going to lose the money.
people should stop comparing trading vs gambling. because we all know the end of each activity.
because gambling and futures trading have different ways of working. gambling is based on luck and trading is based on skill and the two cannot be compared when it comes to making profits.we will not be able to profit from gambling even in casino games or sports betting because of bigger risk of losing all the money in bankroll in a short time but if trading we will not lose all the money just like that and it all depends on our skill in setting strategy for profit and cut loss before more losses.
There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.
would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
Again I see a question of completely different things...
The futures market is, in fact, a trading aimed at financial profit.
However, gambling should never be confused with this same purpose. Gambling games are made for entertainment, their goal is for people to spend money to have fun with the intuition of maybe making a lot of money, but this should never be the primary intention of any player.
The futures market is for the few, requires a lot of financial skill and involves a lot of risk. Gambling is for everyone, anyone with a minimum of skill can place a bet online.
Futures trading is kind of gamble which is a known fact. For this reason I prefer gambling where I can get the immediate outcome than waiting to know the outcome. Futures trading assure with the better profit, but it have got the risk higher than what we follow with the traditional trading practice.
You need to be very observing with trading practice, only then it is possible to enjoy the benefits of futures trading. Here also we need the patience to be successful. Not everyone is able to follow it. Another thing we should have long and short term plans
You need to be very observing with trading practice, only then it is possible to enjoy the benefits of futures trading. Here also we need the patience to be successful. Not everyone is able to follow it. Another thing we should have long and short term plans
There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.
would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
You don't make money in a casino, you enjoy yourself in a casino. The money is the process needed and if you won, then good for you, if not, then too bad, but those are byproducts really, it doesn't (or shouldn't) affect the overall in general, while in trading, the money is the end goal itself. If my goal was to make money, in a situation where I have ample funds and stable income, then trading, or stocks in general. Never gambling. In the first place, I don't think casinos should be identified as a method to earn money. That's just dumb. would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
If we were talking about risks, to be fair, most casinos are generally in the 50/50 risk ratio (well around there, including the house edge is a bit less than that) but in trading it could go as low as 1/99 but could also go as high as 99/1, depending on what you know. So consistency would be casinos, trading if you know what you're doing.
Jump to: