Topic: Between futures trading and gambling - page 4. (Read 1859 times)

We can't apply the word "less risky" to both Future trading and Gambling. Either of those can wreck anyone if not handled properly and just do some random strategies without any plan. Targeting a big profit at both requires knowledge even we need also some luck at those.

If we talk about the capability of earning big, both of them are proven to give us that opportunity but it's not as easy as we think.

I'm aware of how Future trading works but I don't consider doing it as a regular activity of mine because I'm not hooked on it even though I do know the potential big money that I can earn here. I prefer Spot trading instead if we talk about trading-related activity. Gambling on the other hand is already part of my usual doings for several years. I can't really find a specific reason why should we compare Future trading to Gambling.

Depends from the persons perspectives and knowledge, if you have a good understanding with future trade or gambling you may have that chance to win some, especially if you have that good bankroll/money management, where you can set your limits and you are capable of controlling your emotions, both future trade and gambling may work with you, but always remember that big risk to which commonly being neglect by people who are trying to find some luck.

Stepping either inside gambling or future trade will have a big risk with your money, not a good venue for people who are not a fan of having that risk as most of the time they will be control by emotions and possible to lose from time to time.

Gambling and trading have their similarities but hoth are entirely different things, well, for me at least. Both require skills and knowledge to bring home a profit, but gambling has its dependency to luck or odds that doesn't matter much in trading. In trading, there's no such thing as being lucky because everything is calculated and analyzed. You must know how to do market analysis to know whether a coin will pump or dump. You will base the trend on the market flow, the history, and the recent events that influence the movements in the market. You can't just rely on luck because you'll just end up losing your funds or liquidated if you won't think thoroughly.

Contrary to what majority thinks, future trading isn't easy. It won't bring an easy money or success, the same way with gambling.

Making money from trading might be easier even though we must keep learning to analyze to make a profit. But at least we still can make money instead of playing gambling, which we don't know whether we can win or will only lose. But some people use futures trading and gambling together to make money, and some manage to earn money. But, gambling and futures trading have their risks, so it is better to know the risks before making a decision. And if future trading is more profitable than gambling, we better choose future trading.

It would be great if they were aware of something like this from the start but most of the cases I've come across is that most people don't realize until they've lost a lot of money.
If they lose once or twice in the usual way it will not deter them and there must be a real loss to make them realize their behavior.

It is difficult to make people like this aware because sometimes when they have felt the loss too but the desire in them is still big I think the condition will still be the same.

Optimism, futures, casinos, questionnaires, banks, talks with employees, losses, leverage, regulations, and protections. And if I were to put it all into a blender and press "start," would it blend into a smooth financial shake or end up a lumpy disaster?

Your point about futures trading needing special regulatory requirements and the distinct accessibility of gambling is like putting your finger on a seesaw and expecting it to balance. Maybe, but not quite. Even though theres a questionnaire for futures, and it feels special, does that make it safer? Maybe you just felt special.

Interestingly, the aspect of losses being more controllable in casinos due to gambling only with one's own money is quite... unique. You cant lose more money than you have at a casino, except for when you can, by using credit. And banks? Well, they're just friendly, asking questions about your experience. Surely, not leveraging their position to maximize profits.

Of course trading is better than gambling in terms of earning, even gambling is not something that can be considered as a way to earn, because the results will depend heavily on luck. Even when playing games based on analysis namely sports betting, there is always a luck factor, which can sometimes have different results.
So trading would be better in terms of earning but futures trades are sometimes considered as gambling but I believe it will be gambling when done without proper knowledge so it will be the same as gambling because you go into it blind and all decisions are just based on feelings and it is not a good trade because the market will not move based on how you feel, or just based on what people say.

I would prefer to learn about trading to make money compared to gambling to make money, in my opinion, in gambling, we have very little chance of winning, but when trading, of course, we have learned very well about market conditions and it will be very good for us. in trading. Maybe I think the risk of gambling is that it is very likely that we will lose and in trading it can be the same, but in trading we still hold assets very different from gambling, if we have lost then we have nothing.

I made a promise to myself not to participate in any gambling activities that would result in me in debt, which is why I selected trading. If you know what you're doing, it's pretty straightforward; simply adhere to your strategy, and if you see an entry, you've triggered your trade. Losses are made in both future trading and gambling; this is not a suitable path to take if one does not have a strategy in place to cope with these requirements. Future trading is formally based on strategies, and the rewards are typically profitable if authentic instruction is obtained. While gambling is considered as an addictive activity that will undoubtedly land one in difficulty and jeopardize one's standing. 

Just let them realize it thru their experience. Even giving them such friendly advice, they won't feel the actual pressure.

Once they now feel the real experience, they will truly understand what's the best thing to do.

It's just that Future trading is really technical even for a crypto-enthusiast. It's not that easy to understand. While in gambling, these people will just place their bet and watch the result without doing nothing. Believe me, even we show these people huge money came from trading, they won't bother to know as the interest is not there.

You will not be able to win gambling if you only rely on luck, especially if you are betting on balls, because this also requires sufficient knowledge about balls and having sufficient skills in analyzing matches to find out what possibilities will occur.
Between long-term trading and gambling both rely on knowledge and skills, only the level of risk is different.

Well… most people are like that, but it is practically impossible to win. Nothing in this world is instantaneous and everything requires a long process, there needs to be sufficient knowledge and skills and of course there must be sacrifice in it to be able to get victory. Even instant noodles we have to cook first so we can eat it.

That is a very optimistic approach and in a perfect world it would be a great thing to help everybody with giving them a talk about the consequences of their action and that their current path will likely lead to large financial losses. Unfortunately, we are not living in such a world, people are very reluctant to take advise from strangers and will probably not trust us, even if we are honest and only want to help. The difference between futures trading and gambling is the access to the two. Everybody who is 18 in my country can enter a casino and start gambling if they have the money, whereas starting to buy futures you need to setup a special account with the bank. I remember before being able to trade futures at my bank I had to fill out a questionnaire about my previous trading experience and my knowledge. Also, in a talk with the bank employee he showed me again that the losses from futures trading can be much higher than when trading stocks. So, there are special regulatory requirements for futures trading to protect people from themselves, in gambling such a thing doesn't exist. The problem is that futures trading usually involved leverage, which can lead to financial problems, in the casino we usually just gamble with our own money and if we lose it we have to stop. Having more protection for the customer is a good thing in futures trading, but in gambling there it’s not really necessary.

I don't see any difference in the concept though,future trading you have it in the word,future means you are predicting the future the same as people gambling are trying to do so fundamentally I don't see any difference between the two.Sure some people can argue that by trading they have analysis,news and market insights before deciding on a trade but isn't the same for sport betting where people have the same tools available and as such both activities will make people lose money in the end as no one can predict the future accurately in the long run,sometimes they may hit it but a lot more other times they will miss it.

An inexperienced and unknowledgeable gambler would not be advisable to use high leverage like x50 as it will lead to quick losses. In future trading, you must be even more careful, especially in determining the leverage, because it will suck up our money quickly, especially if we use Cross mode. And gambling is entertainment that cannot be equated with trading, so we shouldn't think of it as a place to make money. Sometimes people don't think about analysis in trading and only use their feelings in trading so that it can become a gamble without them knowing it.

But some people are willing to take big risks by going all-in because they believe the coin's movement will increase. So the risk may be the same if a trader dares to take risks like a gambler who is also a risk taker who wants to win. But the difference is that a gambler will never know whether the next round he will win or lose.

For example, if you meant for seeing lottery winners on TV, that just makes sense to see since in the first place, national lotteries are televised therefore you will really see people winning here compare obviously to winners in doing Future trading. Aside from that, Future trading is like slowly but surely a road to having a million compared to a lottery or any related gambling, that in just one shot, if lucky, will have a big win instantly.

Anyhow, it is just a matter of self-preference. Most see that Future trading is critical and the interest is not really there to learn while gambling, just place money, wait, then the result is already there. No need for any technical knowledge or so on.

We can also consider the fact that most people want an easy win without having too much effort for it.

I believe that if we carried out a survey to find out how many people lost everything they had because of gambling and how many people lost everything they had because of trading, we would see that the difference in numbers would be very large, I am convinced that the numbers would be more low for the traders but the numbers would be very high for the gamblers, now everything has an advantage and a disadvantage, just like in the trade the numbers would be low for people who lost everything. when asked how many people have already made a lot of money with trading and how many people have already made a lot of money with games of chance then the difference would also be very big

but this time gambling would be with a big difference, and it is a fact that gambling gave many people the opportunity to become very rich, how many people have we heard on tv saying that they won the lottery and became millionaires, there are many. but have you ever heard on tv that someone became a millionaire with futures trading? Honestly this is something I haven't seen yet, so it's safe to say that people don't make a lot of money trading futures, the risk of losing a lot is still there, but they don't make a lot of money. while in the case of gambling it's all or no. those who are very lucky win a lot of money and those who are unlucky lose everything

Futures trading is something that moves at a time that is hard to predict, at least for me, because it moves too fast, I can trade but long-term, medium-term, but futures The market moves very different, although it is the same market, but it is not the same, because here the strategies that work are applied a lot, fundamental analysis, technical analysis, use of indicators, a bit of everything, and everything that is study and trade is never to bet, because to bet is to leave everything to chance, play and play until you win and have that good touch of luck at the right time.

I have done futures trading applying Wyxkoff's theory, only for that period of time it is very difficult for me, that's why I do analysis using the Wyckoff method but in a longer period, 1 hour and from there I draw conclusions based on the tempo, that is, I can do my analysis at 1 hour and at the end of 1 hour I can sense where the market can go, and from there I take it, it is not what should be done, but it is my method, although I did not do it again do because I feel like I'm making it up.

So when I make these comparisons, trading of any kind is clearly not the same as betting, betting is always something else, I know that there are people who enter a casino betting, playing for the sake of playing, some apply strategies, but randomness can do it . Win or lose, but entering a trade by betting is the most dangerous thing to do.

My analogies regarding gambling and trading will always be the same, first of all in gambling and in trading when you win even a little, that's a win, I prefer that to losing, there are actually many people who have ways of thinking very different, they only settle when they get very large profits and that is difficult, both in gambling and in the casino, the profits for me should be few but continuous, that is, if I win little money in one day I accumulate it, then the next day or t 3 days, it doesn't matter, you have to see this as a business.

Those patterns most likely are observable to the players so they make a conclusion with it and make a risk to try a bet, but not as always this happens, still ideal to have a formula for the probability of winning with the patterns given by the game.
In short gambling is for the risk takers who want to defy their luck in the game and the traders are the risk taker who will depends on the knowledge they have.

Gambling and Futures Trading is indeed different to each other because gambling is for entertainment purposes while futures trading is a financial tool. But futures trading can be considered as gambling too if you are using high leverage like x50 or more because the the liquidity margin is too small for a trader to maintain safe trading. Exchange nowadays turns futures trading into gambling by offering insane high leverage which we all know that is very low chance to success.

What you say is right. Both are not the same and have different ways of working as well. Gambling with future trading is equally risky, but one can know the risks of future trading and manage them well. The risk will not increase and he can even make a profit. It all depends on his ability to trade. And even though in gambling, we mean sports betting, one can also benefit based on the analysis results, but that is gambling and there is a possibility that the analysis results may not always be correct.