Topic: Between futures trading and gambling - page 6. (Read 1859 times)

In my opinion, futures trading, like gambling, is a high-risk activity, so everyone who decides to play with luck should be aware of what he is doing and what he will do if he is unlucky and loses all his money.

Personally, I like gambling better, because in futures trading I lose money too quickly. At least in my experience with futures trading I have had only negative experiences.

I don't think they will consider gambling as no risk to abandon trading. They also need to understand that their are high risk in gambling and that bettors are losing fortune because the only risk management in gambling is to bet as you can bear the loses but in trading, apart from the ways that they can manage their risk and loses, they also can stop the losing trade half way instead of losing everything. Also they can apply stop loss on the trade but gamblers have no opportunity of changing their mind to stop their stake if they have already bet.

Sports betting and futures trading indeed require skills to foresee what might happen. But then most of those traders in the forum I think are switching to gambling like sports betting because the market in crypto is a lot harder to predict than sports like soccer or boxing.

I can read charts somehow but the because the market is just moving sideways, like the moment you go long the market starts dumping. It kind of betting against your position. I guess the whales just need to keep the market uninteresting until halving.

Futures trading does have the same risk as gambling, when you predict wrongly, you will usually lose all the money as a whole, that's why it is always associated with gambling and has similarities, but on the other hand, the futures market can be analyzed before placing an order so that when it is really right according to the analysis, it will profitable, it's the same as gambling that relies on strategy when it's right it will be profitable too but gambling relies more on luck than strategy.

But from my experience playing futures trading and gambling there are many differences, especially from the very different risks when we really predict wrongly we can close orders automatically and limit our losses so it's not like we're playing gambling even though it can be limiting but emotional in gambling it's very difficult to dammed so that we continue to play gambling again to chase defeat while in futures trading we can still control our emotions while correcting mistakes from analysis.

Between gambling and future trading I can say that future trading is more risky. In fact, I am speaking from my own perceptive and that is on Sports Betting and not any other type of gambling. What happens in both future trading and Sports Betting prediction is that you must have knowledge of the subject matter.

In terms of future trading, predicting the movement of the coin requires the knowledge of the charts but in Sports Betting good knowledge of the league and the particular teams that are playing including the availability of players will give you a clear hint of who to win the match but it is the choice of odds and the confusion set by bookmakers that makes people lose money.

I think that the criteria do not have this knowledge cannot be included in the gambling category, because something I know, people will buy something because he knows it, and people will do business, of course he has knowledge even though it is a little, and never people who do not have knowledge of opening a business and thinking "hopefully lucky".

My interpretation is that trading will enter the gambling categorized because there are no original items that are sold, and you do all kinds of calculations, and know the items that are sold, but you only guess up or down prices to benefit, it's the same as gambling, I think there is the gambling. Unlike the case with spot trading, where you have the goods and you are free to sell it anytime, because it becomes your own, and you will not lose your goods even though the price goes down or rising.

In that sense, anyone doing anything with their money without knowing much about it is a gamble because they will most likely lose their money without gaining any benefit from it, whether it's business, opening a shop, buying and selling goods, or anything in the world. A person who doesn't acquire the necessary knowledge about something before involving in it will surely lose their money and that is surely gambling with their money but it's their mistake.

Just because someone can lose their money in futures trading because they don't have enough knowledge and experience about it doesn't make futures trading just like gambling, because futures trading provides you with the opportunity to make use of the market movements to earn money but you need to learn it first, while in gambling, there is no learning, it's all based on your luck.

We selected the one that is advantageous to us rather of putting our hopes in high places, which would derail our efforts. I never, ever think about anticipating in gambling; it's not my routine and never will be; I'm always on the bright side and trading continuously in order to hit my envisioned TP. Futures trading and gambling are both dangerous and offer the potential for massive returns when dealing with the positive side. Gambling is legal and very harmful; becoming addicted to gambling is a sure way to wind up in deep debt, and trading is frequently prohibited in some countries, for the same reasons that it will surpass a country's fiat currency trade volume.

Trading could really be turn out to be gambling even if we do speak about Spot trading but on the time that you arent really that knowing on what you are doing then for sure it would be considered gambling. How much more if you do touch up on futures trading? You would really be having the impression that this would really be like gambling and this is why its better to have a serious approach
when it comes to trading. Dont dive in into this field if you dont know on what you are doing but somewhat if you do have the knowledge and skills on making good trades then it is really something that
separating that kind of risks compared to those who do make out blind trades which is something that you do really need to avoid because you would really be
making yourself doing gambling once again.

Trading and gambling are different things. For trading need market analysis and knowledge about cryptocurrency market. On the otherhand for gambling no need to learn about cryptocurrency market. Gambling like a lottery. If anyone trade he will be some benefited or some loser. If anyone do future trade then he need use take profit and stop loss. Then loss and profit we can select. But in gambling you will get double 2x,3x or you will loss all fund which you in on game. So i think there has many difference between trading and gambling.

I haven't seen anyone who will prefer Gambling to trading.Well,i know a lots of people are making money throught gambling  and they might even say that gambling is better,but to me,I don't see any reason why I will choose gambling over trading because future trading has to deal with one's ability to save your money for future purposes,while we all know that gambling is all about making money now,but the only reason why I won't prefer gambling is because it has an addiction spirit that is attached to it,and once one is addicted,you are gone,I rather loose in trading than get myself addicted to something I can get myself out again.Its not everybody that gambling favours,but almost everybody can trade and will have a chance of making profit, especially when it has to deal with future trading.Future trading has less risk involved,and it chances of making profit are high,where trading is a 50/50 stuff,either you loose or you win.

This cash out feature is not working in some bookies and the percentage is unfavorable to the gambler. You may prefer the ticket to lose instead of accepting the amount given to you as cash out. Real gamblers don't cash out but observe the game till the end. Do not gamble with fear, either lose or win absolutely. You afford to lose the money immediately you bet, so why cashing out partial rewards?

When gambling and you are already winning, you can be given the opportunity to cash out the amount won if you can’t wait for the match to end completely, am not saying gambling is not risky, but I had little experience with future trading before I left it, future trading almost ruined my life before I had to force my self to stop it, maybe the experience I had is one of the reasons why I still consider it to be more risky than gambling. Most people that really lose a lot in future trading are the once that are looking for quick money (they are the once that use high leverage because they want to get rich quick which at the end they lose all their money easily), the greedy once( they also use high leverage and they are not satisfied with the profit they are having till things go against them), the newbies( As a newbie you will easily lose money, because future trading is really risky and it’s not what newbies can just jump into). My personal experience with both future trading and gambling makes me believe future trading is more dangerous than gambling, just that gamblers easily get addicted.

That’s one of the main reason why you see lots of people going into future trading, because they can easily make money. I know if you can use high leverage in future trading then you will make money, but the higher your leverage, the higher the chances of you losing money so if you are into future trading, then it’s better you use low leverage, because if you keep on using high leverage, then you might end up losing everything you have being winning in the past.

On that note, yes, future trading can be strategies and execute while with gambling you place your bet and you will wait for the outcome, though there are also some options if the gambling site allows you to change your position mostly with sports betting, you can close your bet either you are winning portions or losing portions of your capital.

There's no perfect strategy but anticipation may help and with good judgement you can predict the possible direction of the market according to how you see things basing with your experienced, not accurate but you may use it as a basis.

We share a common understanding that financial losses are an integral part of the gambling and trading industries. To put it simply, that's the goal, pal. There will be moments when you are the bug and times when you are the windshield.

While both include some degree of chance, trading requires more expertise. An advantage can be gained with the help of well-grounded knowledge, thorough preparation, and smart tactics. But does that make it totally safe to use? No way, no how! You can't prevent losses with a wave of a wand.

Instead of saying "there is no strategy to completely eliminate losses in trading or gambling," I think a more truthful statement would be something like "there are certainly strategies to manage and mitigate losses." So, how does that sound to you?

Everyone will have a contrary view and opinion about this controversial topic but the truth remains that future trading is less risky compare to gambling. Future trading involves strategies and analysis which help to minimize it's risk while gambling is purely based on chances. As a future trader, you have control over your fund and you can exit the trade if it decline your prediction but gambling is totally different because once you click on the bet button you have no control over it again until the game is settled either in your favor or against you.

Normally, it's not possible to predict the future perfectly but traders have the advantage of making use of some strategy like economical news, historical data and some other information that aid their prediction and offer traders a better chance of making profit than in gambling.

 Futures is really risky most especially for beginners, I don’t really recommend beginners to trade future because you might end up losing money easily, their is no way you will start making money if you don’t have the knowledge of future trading, because you will just end up losing all your money, if you don’t have knowledge it’s better you go for spot trading, you won’t really be losing money compare to if you are in future trading.

Am not a fan of copy trading or trading signals, people might be making money from both trading signal and copy trading, but we all have to be independent, when you are in crypto space you don’t have to depend on others for your success, if people you are copying their trade are failing you will also be failing, it’s not really making sense, if you really want to be making money in crypto space, then it’s better you seek for the knowledge and have your own trading strategy, don’t depend on what another person will feed you.

I disagree with you, future trading is not really easy and it’s kind of risky likewise gambling. You said you are making money from copying trading, but hope you know there are some people that don’t have much knowledge about gambling and they are also making money. The same way trading signals are available, their are also people Providing gambling predictions.

I wrote about copytrading. In copytrading, my idea of market moves doesn’t mean anything. I fully rely on master who opens and closes all the trades.

What about betting on sports? Isn’t it a kind of gambling? I think it’s very similar with copytrading. In betting, you assess the sportsmen and bet on one of they who seems to be the strongest. This is not only about your luck. The same is in copytrading. I assess different masters and choose one to bet on. I get profit if the chosen masters is stronger than the market. Otherwise, I get loss.

There is a very big difference between futures trading and gambling because gambling is based purely on luck and there is no influence of anything else at all, while futures trading is based on your knowledge and experience about the market and your ability to do analysis based on the data and charts available, you can know the outcome of a trade if you know what you are doing but you can never know the outcome of a bet because it is not based on anything but a result generated by an RNG.

In futures trading, you might not get profit all the time, but if you are experienced and understand how the market generally moves because you've been watching charts and analyzing the coins that you will be trading in, you can always have a general idea of how the market will move next.

I agree with you that no strategy can save a gambler's ass from losing in gambling whether playing in luck-based, strategy-based games, sports betting etc.

That was an obvious thing in gambling to expect. But on the latter part of your statement referring to trading, do you mean once fully prepared in trading, losing can somehow avoid? I can also say the same thing in trading wherein there's no strategy to avoid losing. It's impossible to always withstand market volatility even how professional and expert the trader is.

Maybe the more appropriate to say is, "while there's no strategical way to avoid losing at either trading or gambling, there are ways to minimize it".