Topic: Between futures trading and gambling - page 5. (Read 1870 times)

What I believe is that as long as you are in control of things, nothing can get out of control, and when it comes to casinos, you should still have absolute control over all the money you are risking, when we enter a casino. that the money we have there can be lost, and it is very difficult to change the mental chip that some people have when they enter casinos, because most enter with the mentality of what they can win, what they can take, they never enter with the mentality of what they are willing to lose, and the same thing happens in trading, because of the announcements, the publicity that is given, we think that if we dedicate ourselves to trading it is to save a lot of money, and things are not like that.

I like to make analogies with trading and with betting, because I set that as a goal, I put the money that I am willing to lose both in the casino and in the exchange, after that I also set my goals, and in both cases I learned that the goals have to be precise, but not so big, that is, if I have profits, however small, they are profits, I take them and stop, then I analyze why I won, as well as in the casino, if I play and if I win something, even if it is very little, then I stop, because I stop with the winnings, if I keep winning, the chances are that what I have won I will lose and apart from that I will lose more and my despair will grow and I will want to make more bets to recover, and there I already lose, something like that happens with trading.

In futures I am honest, I have sometimes followed some groups that give free signals, and it seems very risky to do so, sometimes it seems as if I were really gambling, but no, it is something that is very calculated, there are many traders who They win doing futures trading and knowing, and leaving everything to chance, which is very different when we play slot machines, roulette in a casino, there is no way to establish a technical analysis for a slot machine, on the other hand, in futures trading yes and usually work, it is difficult but yes.

No, it isn't. Just because the outcome in futures trading is also unknown it doesn't make it pure gambling. To get to know the difference between futures trading and gambling, take one regular gambler and one regular futures trader, and ask them about the results they tend to get in a week's time, the answers will surely let you know the difference and how gambling is not exactly the same as futures trading because you don't blindly open trades in futures trading but it's all done after a process.

So people who trade in futures that have knowledge and experience about it tend to win more trades than they lose and they make trades with proper risk-management such as stop-loss where you don't lose everything even if you lose a trade, while in gambling, a bet that you lose takes away the whole amount you have wagered.

What else can we do? Force these people who are not a fan of trading to consider trading compare to gambling.

Just let these people do what they want. These people who are lottery enthusiast surely knows the risks they are dealing with and the slim chance they are facing to win this life-changing money. We can't just tell them to do trading instead since if there is no interest, then they are just gambling their money in trading too, the same way they are doing it in gambling.

Instead, if we really want to help these people to change their gambling habit, give them a nice talk to put their money instead on something good that they really have an interest in and not that they just see other people making money out of that.

We must keep in mind that comparing trading with gambling depends much of the kind of risk management the person is using. We can talk about successful traders, who can speculate on the prices of cryptocurrency and get money out of it, however, the term "successful lottery player" is not common or it is rather incorrect. Luck is not success.

If someone buys Bitcoin and holds it in there long term, I would not call it gambling.
However, using excessive leverage on futures without having knowledge about it, that sounds like gambling to me. 

Some people actually think there are patterns in slot or dice games who probably think trading is also like gambling based on luck. Lottery for example is what makes it obvious since they are buying tickets every day with the same number over and over thinking it will eventually come and they get to win the biggest life-changing money. They wouldn't consider buying tickets risky when they spend just a dollar a day than trading which a trader will put a thousand.

Gambling and future trading is based on the same concept of the betting and prediction.In gambling we predict the exact option which win,but in the future trading we will predict the market movement.But the market is not possible to predict is the real fact.In every two days the crypto market reverse to opposite direction.In future you have to reduce the multiple of profit or loss calculated.If you make the mltiple between 10-20x then it won't affect the invested money.The future also need to fix the stop loss option to avoid of the big loss in the future trading.



Future trading is not a safer one,until you made the stop loss.The fact is most of the new people don't know how to do future trading.So they won't do the stop loss option,but the loss will exactly loss as compared to loss everything.Gambling had some risk,but it's the game and not the trade.So we can earn huge money from the Gambling.But the future trade is entirely based on the good skill and the experienced trader will handle this future trading.

Which one is the best depends on everyone, futures trading will be very good when that person understands and understands how to analyze the market, determine when to enter and exit and is wise enough to use leverage. Using a high enough leverage will make the risk bigger, but when the target price is reached, there will be lots of profits to be had. and when gambling like slots there will be no predictions made, all based on luck in each round. and sports betting can do an analysis on each club that will be supported. Gambling is more about entertainment for me and placing minimal bets with and allocated, whereas futures trading is more about growing my assets.

You are right that futures trading is a bit safer, but the only thing that makes it so is the ability to exit, losing only part of your money, not all of it like you can do in gambling. On the other hand, the profits are also much smaller. You rarely get x2 right away. Usually it's a percentage of your investment. So instead of winning 100% or losing it all, you win 10% or lose 10%.
Analysis doesn't help much because the market can be manipulated and you don't own the asset. You bet on a prediction and never have anything but a promise of payment from the fund.

Futures trading is indeed risky and could really be that somewhat could be classified as a gambling but we know and in the sense that analysis could really be applied then it cant really be totally called gambling at all.

Its not literally a gamble but if we do speak about the risks then its high.It is really just that there are people who cant really be able to bare up such risks on the time that they would really be engaging into it.
This is why on the time that you would really be making up some futures trading then it would really be just that right that you shouldnt really be having that gambler like approach into this because it would really be worsening up the situation in speaking about risks on which its not something completely random because we could really be able to apply some technicals on every price entry that we do make.

Plus, we could really be able to differentiate in between trading and leisure things on which this had been the primary differences and we should really know on how to dealt up with these things in the first place.

Both are risky. If I see it from your point of view then futures trading is risky. Because there is nothing predictable. Moreover, there is a risk of losing more money in a short period of time. But i want to say gambling is riskier than futures trading. Where you can win or lose all your money in a short span of time.

In the case of sports betting, if you take a bet by considering the playing status of the team players there is a chance of winning, on the other hand, there is no such chance in future trading. If there is no high volatility there may be less profit or loss. Since the two differ according to the genre, a trader will favor futures trading while those who are gamblers will definitely enjoy gambling.

Yes, I understand your perspective. Both trading and betting come with unique risks and benefits. And I completely get why you say that trading is more hazy and unpredictable than sports betting, which feels like a 50/50 chance

It's acceptable that not everyone will enjoy it. You must determine what suits you the best. Also, developing one's own trading platform and creating one's own indicators is really cool. They appear to be participating in a whole other game

While you mentioned that you should only play with money you're willing to lose while talking about casinos, I believe you hit the nail on the head. Up until that point, everything is amusing, right?

Yeah, everything will turn to how you prepared yourself, both future trades and gambling have that same possible outcome, either you win or you'll lose with your pick, but same thing with how you point it out, if the person are learning with the patterns and he's trying harder in each attempts, the chance of getting positive result is possible.

Always going to depend on how willing the person is, in taking the risk when positioning his future trade, or taking the risk when betting on his chosen to gamble games.

Gambling seems to be easier, I don't go through the stresses daily, wagering once is fine by me. Of course, we are eligible to lose on both sides; in our pursuit of more substantial finances, we lose at extreme ends; yet, we rarely make room for disappointment; perpetual winning is the target. Future trading and gambling are two distinct things in the region as a whole, and I would advise my friends to stick with the one that has proven to be beneficial in previous instances. This crypto environment is not as welcoming or straightforward as it appears; use extreme caution at all times and keep an eye on an opportunity outcomes.

Whenever it comes to trading and betting we have one foot in success and one foot in failure, I feel much more secure in trading than gambling, apart from if I'm into sports betting I think there could be a 50/50 chance -50 that I have to win and lose, at least I see it that way in football, but in the case of futures trading it is something that I hardly know how to do, it seems to me that it is too risky, there are many strategies and many theories that they can make us win, but in hindsight it is something that can be learned and it depends a lot on our degree of intelligence and our own decision, sometimes in casino games we can have logic very well, but luck does not smile on us, and to me that is a noticeable difference.

Of course, these things are what I think about when it comes to futures trading, personally I see this as very risky, apart from the fact that I don't really know how to do this type of trading, I'm more into operating with trading in the medium or long term than in futures that is something so violent, he would open us how to do it because it would be like being in a casino playing, because the technical indicators for this type of trading are different due to the very high volatility, so it is easier to lose money if you don't even have the slightest idea of how to operate.}

Are there any traders who make their own platforms and who have their indicators, how do they do it? I'm not, but given their experience, they can do this kind of thing and I really admire it a lot. In this sense, I see that things here in the casino can be done in the best way as long as we don't let ourselves be surprised by the losing streak or because our logic fails us when we are in a casino, for that reason in a casino when it comes to games we have to guarantee the amount of money we are willing to lose, because there is no other way, we cannot risk everything that we have because it would be very irresponsible.

Futures trading is gambling in my opinion. You’re just making bets on companies and their ability to over or underperform expectations. Since it isn’t a black and white type of gambling it could give people the illusion that futures are some type of investment, but they are a really poor way to invest and a great way to gamble.

It's okay if you think that futures trading is causing you to lose money too quickly. At least you have good control in gambling, so you don't lose too quickly, like in futures trading. Everyone will think differently because we have different experiences, too, so only we know which one we think has a higher risk than the others. There may be people who think gambling can lead to losing money too quickly compared to futures trading, which is also okay. We choose something based on our experience, so there must be a difference.

It's all about the propensity of a gambler to take risks. Just cause they lost on a big bet doesn't mean they are stupid, especially if there's a pattern in their betting which leads them to make these ludicrous bets in the process. Same goes for those who relish in that hellhole called futures trading. Just cause they lost on a big trade and their asses got liquidated doesn't make them a failure of a person especially when they've studied the ins and outs of the craft.

If these gamblers went in raw without proper knowledge/background about gambling and then they lose their shit then sure, call them stupid and dumb, but everything comes with its own sets of risks, it's just that some of us here are accustomed to the same risk and have made contingencies to combat those, but that doesn't mean they'd always win.

Which always been the case for those greedy traders and also with those greedy gamblers, with that same mindset of keep aiming for more and not being contented with what supposedly they already gained, losing is probably the outcome results, you always have that option to quit, either you win some or you already losing portions of your money, if by chance you have the option better not to be greedy and choose that wise decision either to lessen or to secure your chances.

You might have lesser earnings but secure or you may lose a portion of your money, but you can continue and re-try the chase.

Though, it's sure that we will hear different perceptions and opinions depending on the person who will define and justify his case.

Not everyone Will prefer their ticket to lose instead of cashing our, you should just speak for yourself. If am gambling and am given the opportunity to cash out, if am not confident about the remaining matches left, then I will just cash out and go away with my win, some times when gambling we shouldn’t be greedy, it’s better you cash out the little amount than you losing everything.

If people like you end up going into future trading, you might end up just losing your money always, because future trading is not for the greedy once. If you are greedy, you might always end up using high leverage always just because you want much money, and some times when you are suppose to take profit, you won’t because you won’t be satisfied with the profit.