Topic: Between futures trading and gambling - page 3. (Read 1859 times)

If you know how to do a TA, then apply it to that context of the OP, they are two totally different areas, the only thing that brings them closer in comparison is the risk.

It's like comparing water polo to football.

I'd concentrate my time to trading; perhaps it's a lengthy procedure in which we achieve substantial profits after we begin trading and utilize beneficial techniques. Gambling is primarily guesswork and unreliability, and it readily cultivates addictions in people. One of the reasons I don't gamble is because of this basic fact. But trading has helped me throughout the years, allowing me to be self-sufficient and earn a solid living by working at the comfort from home. Gambling and trading are distinct pursuits, yet they all point to the same goal: generating profit.

I prefer trading over gambling as a means to make money. The level of access is easier, and there are fewer legal risks. We can engage in trading anywhere and anytime, as long as we have smartphones and internet access.
In my opinion, futures trading is fairer than gambling in casinos. On the other hand, technical analysis (TA) and fundamental analysis (FA) can be employed to increase the win rate, and I observe that more people can sustain themselves through trading as a profession. With gambling, I find that luck plays too significant a role and can be directly influenced by the casino.

I think there's a bit of bias here in gambling is better than trading, probably because there are more people who share that they won in gambling compared to people who were successful in trading. I mean yes, there's people out there that are rich from trading, but they don't actively share their winning trades, what more for smaller traders, unlike in gambling where it's more often that people share them. It's probably why he takes gambling as better, even if we take into account the emotional aspect (which honestly, both cases have in the first place).

Yes, in fact we can make a lot of reference to casinos and trading, for example in trading I have always said that 90% depends on us and the other 10% I leave in the hands of volatility, it is very difficult to guarantee the 99% precision, if I start looking for 10% precision then things get complicated for me and my analysis can be invalidated, of course this taking into account the delay of futures, where I am not an expert, on the other hand in the caisnos the Things are different, because everything is more random and towards luck, so I would say that the things that are next to luck are not safe for me, it is very dangerous, so it is not good to gamble a lot because you lose money very quick and easy.

As far as I am concerned, what I do is a simple analogy, in both cases, each profit that you have must be hoarded and saved, not risk that profit, because both things, the more profits you have, even if they are few, because you earn for E, but of course in the long term, that for me is the trick in both things, both in the casino and for trading.

Both activities are different for me, in fact they are different, whoever says that trading is like the casino and that everything depends on luck, for me is very wrong and I think that for everyone it is very clear that they are so, for In the casino, for certain games, things are given entirely to luck, to randomness and only to what a person can determine whether to continue playing or not, now for sports betting I differ because that already depends a lot on the degree of knowledge of the person, and therefore it is something that can be easily determined, so in that sense I would say that sports betting is closely associated with the level of knowledge that one also has with trading, so it could be said that between trading and other Sports betting is a little more on par, obviously it is not given only to luck or random but to the degree of wisdom of the person.

wait a moment, but I disagree a little on the emotional aspect it seems that gambling has more influence because if a gambler who fails to manage his money in gambling he will lose his entire budget and after that get emotional and constantly chase those losses. if not, sometimes gamblers who do not have good control usually they will go all in all budgets to get big wins and all of that is usually caused by emotion.
I think that in terms of emotions and risks, both have the same risk that will end in emotions that cannot be controlled, but the difference is that gambling can give in to your budget at the same time, but futures trading will not immediately lose your entire budget.

in terms of winning regularly it seems that in gambling it depends more on luck, especially casino games.

That means it's all about how we can have in-depth knowledge about both futures trading and gambling. But I still feel that future trading can make more money than gambling, especially if they have analytical skills. Meanwhile, in gambling, one must have knowledge about the stakes, and it seems that sports betting can be a place where he learns to analyze by gathering various information about the game. But it is still easy to make money from both futures trading and gambling, and it takes more than knowledge to succeed.

Yes, it is a personal choice, and we also cannot say that future trading or gambling is better. Maybe those who choose future trading feel that future trading can give better results than gambling as I feel. Even though I think some people will succeed in getting income from gambling, it will not be too much because in gambling, more people will experience losses than gain.

But futures trading is not gambling. Maybe if someone doesn't learn anything about futures trading and only guesses the market's direction in trading, it will be like gambling because it is not based on analysis.

I know for a fact that trading has been labeled to be as good as gambling because very few people actually excel from it!
But even a choice to choose between the two, I think gambling gives the gambler the edge to win on a regular basis as compared to futures trading that has the emotion aspect attached to it which can also lead to revenge trading and total loss of funds at the end of the day...but then again, we are told that the house always wins which means everything is high risk and it's all about which of the two clicks with you.

To give yourself a winning chance in either of the two, it's all about learning the skill otherwise all are high risk nothing like less risky tbh!!

You are right, trading is easier to earn from than gambling, but don't you think that having too many coins to choose from is another challenge on its own? In my trading experience, the more you add assets to trade, the more complicated things would be for you unless you can trade all of them at once or every time you wish to trade, which will be cumbersome.

I've been in the world of trading for long, and I must say that the first mistake I made was to trade many assets and it destabilized me. My trading started making meaningful returns when I changed to only three assets. This helps me focus with less work and distraction and flows with the wave of their behaviours easily rather than having too many to handle.

Choosing any of the two or none is one's personal choice, but knowing about both of them is important for everyone and everyone should also know the difference between the two. Futures trading is risky, I totally understand that, but that doesn't mean it should be compared with gambling which is totally based on luck and there is absolutely no influence of anything else on the results of gambling, while the results of your trades in futures trading is also dependent on your knowledge and experience other than the market movements.

So, someone who chooses futures trading because they think it's like gambling, they are wrong, and they might lose more money than they might lose in gambling. But someone who understands what futures trading is and does it the way it should be done, won't lose every time and they can be profitable in the long run which can't be said about gambling.

Future trading vs gambling,  the fact is that both have same chances of losing, and with that, I won't pressure myself to align my support to any of the two between gambling and futures trading.

So for that, I will base my argument based on individuals skills and possibilities of maneuvering the system to make heads ways in both ventures even though the chances of recording success are few and the risks are high but then making the right calculation could arrive you in a position that you could be at an advantage even though the advantageous position does not come frequent in both gambling and futures trading.

Without deeper knowledge, the chance is slim to win in both sides, but likewise, if you know how to work with gambling or with future trading the chance is good to make money, not all or there's only a few gamblers who can manage to earn from both gambling and futures but it's not impossible that you can if you equipt yourself by right knowledge and do your research the way that will give you more hints and not just placing your bets or your position basing only from what you heard from someone who call themselves experts.

Your effort to find good venues to learn more is what will help you to win decent from either gambling or future trades.

There is nothing wrong them with choosing both for those who like to trade and also like to gamble, but the selection here is different from the desired destination.
Like the goal of making money, it is clear that those who are capable and have clear thinking will definitely choose trades that are clear that they can definitely make money if they are experienced and have extensive insight in the field of cryptocurrencies so that they can determine the location of the price and the time to buy and sell it, not to mention the risk of trading not too high like gambling.
Gambling can indeed be used as a means of entertainment, but when it gets out of hand, it is no longer a means of entertainment, but a place to spend all the money you have.

Being able to make money in trading and allocating part of the money for gambling is not an easy thing because it could be that the money that should be used for trading is actually used as a whole for gambling because you yourself must understand that when you enter a casino with several game sessions it will cause curiosity and the desire to get a big win that makes someone willing to use all the money they have.

It would be better to get a return from both to make money while using the money from his trading profits to use a bit for gambling. But the problem is maybe not many people can do it and most of them fail to profit from trading and instead try to profit from gambling. It would be reversed because they should try to profit from trading, not from gambling. They will probably have more opportunities to make a profit trading than gambling because there are many coins they can choose to trade. But it will all depend on the trading analysis skills they have.

Gambling and trading, they're both important and very broad interms of learning and persuading your daily objectives from the system. Trading might be seen as stressful, because it involves the constant reading of pdf files related to trading, knowing and upgrading your trading strategies in every single step. While gambling involved common guess which might later come out to be accurate. Indulging in both, ofcourse their main objective is making profits, anything other than that is on a different level. Gambling has been the only motive triggered by most of our youths today, they believe with gambling, they will hijack or hits the gigantic winning, which some of them have never come across.

Why not both?

If someone is interested in both trading and gambling, they don't have to choose which one is better.

Obviously the goal of trading is to make money, while gambling is for entertainment, both of them have a different purpose. But if he can make money in trading and allocating some money for gambling, it's not a problem.

Knowing well about the game and club statistics as you mean maybe this will give you the winning picture you want, but in terms of gambling and trading as well we need information about what we are going to buy so as to reduce the risk of loss later. You are right that in gambling we don't need to follow other people because if we lose, of course we enjoy our game more than listening to other people's words.

You have a point there, but the more people are trying to correct their former mistakes in trading and gambling, they tend to make more mistakes, so it's difficult to advise people but to tell them to possess the right knowledge and plan and also be disciplined in both. I've come to the realization that futures trading and gambling are similar with much joining them than what separates them.

My conclusion still remains that futures trading is better, this is because you can easily decide to close the trade with a little loss and go home with the rest, but in gambling, once you press the button for the deal, it's done, there is no going back unless you are privileged for a cashback. And in futures trading, one can plan their trading and account management better, unlike gambling which is more reliant on luck for anyone to win, while consistency is never certain.

Above all, both might have similar challenges but we should know that options trading is the gambling version of trading, not futures.

Futures trading is more difficult than spot trading because it requires more skills in analyzing market movements so if we don't have good analytical skills, we probably won't have the opportunity to make a profit. And if so, it would amount to gambling as we just guess which way the market will move and then trade. But in trading, we can still recover losses, especially if we don't sell the coin at a loss or when the price drops because the price of the coin can increase again after some time at a low price.

Meanwhile, gambling may also require analytical skills and also have the possibility of making a profit, especially if we can have good analytical skills. But as we know, many people only rely on signals from other people, just like people who rely on trading signals from other people. So maybe it is these analytical skills that we have to learn in trading, be it spot or future trading and also in gambling so that we can make a profit.

Everything depends on our understanding of future trading and gambling so that we can make a profit. And I agree that we also have to be able to manage the money well because futures trading and gambling can cause us to lose money in a short time.

As long as you can accept the risk and are willing to learn more, I think you can use gambling and futures trading and maybe even more opportunities to profit in futures trading. But once again, without learning more, we cannot improve our trading or gambling skills.

We have nothing to offer, order than learning and gaining full acquaintance with the sector you are concerned with. Trading and Gambling are broad, we just have to kick off with a solid foundation in the space. We have more good opportunities when it comes to gambling, because with good statistics on the games and clubs in question, winning is evidence and losing would only make us to remember our mistakes, and looking forward to correct them so that they don't repeat again. I would urged us not to copy the footsteps of anyone, rather stick to what works for you, that's operationally how the things works, with more ease efforts.