Between futures trading and gambling - page 9.

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Quote from: Altryist on July 12, 2023, 02:43:21 PM

Quote from: QueenVera on July 08, 2023, 03:28:37 PM

I was reading your response with so much keen interest hoping to see the difference between gambling and futures but I didn't see you mention any difference between them and I don't know if I'm wrong.
To the best of my knowledge, I've always seen trading in general and gambling as one and I personally will always chose trading above gambling because I think I feel more secure and at some points, I have to use the money received from trading to gamble and thats to say that i would see trading as a major job and see gambling as a side hustle.

For me, there is one very significant difference, gambling for me is just entertainment, and trading for me has always been comparable to the goal of making money. In both cases it is difficult, but a lot also depends on our attitude, if I treat gambling as entertainment, then I will never risk a lot of money, it will be an insignificant budget for me, which if I lose, I will not be upset.

What about those who take gambling as a way of earning money? Would that mean that trading and gambling are the same thing for them? In reality, they are not the same and the difference is not only what you mentioned, but they have totally different structures, gambling is a business that is created to earn money for the owners, and trading is a method for earning money that isn't owned by a person, though you can do trading at platforms controlled by people.

Gambling depends totally on one's luck while trading requires you to have knowledge and experience of the market and have analytical skills so that you can evaluate and analyze different cryptocurrencies before you can place your trades only to avoid losses, you can't do that for gambling.

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Especially in my case I would prefer a casino or gambling game. Because I can start gambling on any match or casino but I will have a hope which site will win. But in the case of a futures trading, it is never possible to predict when the market momentum may reverse. In some cases the money is life changing so I think casino is the best way to make money which is less risky than futures trading. Futures trading can kill people's lives within moments which is very risky. But I had a lot of fun making money from the casino but it seems pretty safe.

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Quote from: Altryist on July 12, 2023, 02:43:21 PM

Quote from: QueenVera on July 08, 2023, 03:28:37 PM

I was reading your response with so much keen interest hoping to see the difference between gambling and futures but I didn't see you mention any difference between them and I don't know if I'm wrong.
To the best of my knowledge, I've always seen trading in general and gambling as one and I personally will always chose trading above gambling because I think I feel more secure and at some points, I have to use the money received from trading to gamble and thats to say that i would see trading as a major job and see gambling as a side hustle.

For me, there is one very significant difference, gambling for me is just entertainment, and trading for me has always been comparable to the goal of making money. In both cases it is difficult, but a lot also depends on our attitude, if I treat gambling as entertainment, then I will never risk a lot of money, it will be an insignificant budget for me, which if I lose, I will not be upset.

It's about choosing the intention and I see your point about both gambling and trading, if you can do it together and choose one as real source of income and the other is for your entertainment, the balance will depends from how you see execute your practices, I see some traders who treat the business just the same way they are doing it inside gambling.

The more you learn the business, the better you understand. I mean, the deeper you focus and engage yourself, the better you
earn your potential.

It's you who needs to protect your money. Either you pick gambling or trading, it's a matter of how you execute your practices.

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Quote from: QueenVera on July 08, 2023, 03:28:37 PM

I was reading your response with so much keen interest hoping to see the difference between gambling and futures but I didn't see you mention any difference between them and I don't know if I'm wrong.
To the best of my knowledge, I've always seen trading in general and gambling as one and I personally will always chose trading above gambling because I think I feel more secure and at some points, I have to use the money received from trading to gamble and thats to say that i would see trading as a major job and see gambling as a side hustle.

For me, there is one very significant difference, gambling for me is just entertainment, and trading for me has always been comparable to the goal of making money. In both cases it is difficult, but a lot also depends on our attitude, if I treat gambling as entertainment, then I will never risk a lot of money, it will be an insignificant budget for me, which if I lose, I will not be upset.

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Quote from: Crypt0Gore on June 23, 2023, 12:29:06 AM

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

Learning how to trade better still going into gambling is two different thing that we need to understand and the both do not even guarantee profit if I'm not mistaken. There are people who go into trading to make profits and end up losing the money without even making a single profit and there arf people that go into gaming and gambling also with the hope of making money but still end up not making any thing.

So we need to know that not all gamblers or traders that are successful. Some persons decided to leave trading or gambling because they don't have money anymore since they had been losing since they started gambling. We need to know what works for us and make sure we define the reason why we are going for any of the two with our goal at one corner of our chest.

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Quote from: QueenVera on July 08, 2023, 03:28:37 PM

Quote from: Rabata on June 30, 2023, 12:52:41 AM

Gambling and trading are not similar. There are quite a few differences between gambling and futures trading in terms of type. In gambling, money is completely put at risk so the gambler gives up hope of that money. There are chances of winning and losing the bet money. The amount of money a gambler will win or lose on a bet can be determined in advance. in addition trading is basically speculative. There the gambler can have no preconceived notion of profit or loss. Futures trading is also risky as it is highly volatile. Although some consider gambling and futures trading similar in terms of risk but they are different.

I was reading your response with so much keen interest hoping to see the difference between gambling and futures but I didn't see you mention any difference between them and I don't know if I'm wrong.
To the best of my knowledge, I've always seen trading in general and gambling as one and I personally will always chose trading above gambling because I think I feel more secure and at some points, I have to use the money received from trading to gamble and thats to say that i would see trading as a major job and see gambling as a side hustle.

Spot trading and gambling are without a doubt different, while in both of those activities you are putting your money at risk, you do not get to decide anything in gambling except the size of your bet and what game you want to play, however when you trade you can pick the risk you want to take, how much money you are willing to win or to lose and the best moment to enter the market to reduce said risk, this is a tremendous difference and if used well you can even become profitable given enough time.

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Quote from: Rabata on June 30, 2023, 12:52:41 AM

Gambling and trading are not similar. There are quite a few differences between gambling and futures trading in terms of type. In gambling, money is completely put at risk so the gambler gives up hope of that money. There are chances of winning and losing the bet money. The amount of money a gambler will win or lose on a bet can be determined in advance. in addition trading is basically speculative. There the gambler can have no preconceived notion of profit or loss. Futures trading is also risky as it is highly volatile. Although some consider gambling and futures trading similar in terms of risk but they are different.

I was reading your response with so much keen interest hoping to see the difference between gambling and futures but I didn't see you mention any difference between them and I don't know if I'm wrong.
To the best of my knowledge, I've always seen trading in general and gambling as one and I personally will always chose trading above gambling because I think I feel more secure and at some points, I have to use the money received from trading to gamble and thats to say that i would see trading as a major job and see gambling as a side hustle.

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Quote from: dezoel on July 08, 2023, 10:25:10 AM

Quote from: pakhitheboss on July 06, 2023, 03:42:23 AM

The biggest difference between futures trading and gambling is that in futures trading, you can control the outcome, whereas in gambling, you cannot. Futures trading involves speculating of the future price, while gambling is a form of entertainment. With futures trading you do need to consider a lot of factors like maket trend, analysis data and make correct trading decision. In gambling all you do not need any kind of skills, comparing the two does not make any sense. It is incorrect to assume that they are the same, as they are not.

No one can actually control the outcome in futures trading, that is a wrong statement, what you can do in futures trading is predict the outcome more accurately with the help of market knowledge, experience, and fundamental and technical analysis, and that is what makes it different from gambling because you don't have a chart to read or a team or a project to analyze or a past to check when it comes to gambling, it's pure speculation.

The outcome of both of course isn't guaranteed, even in futures trading, you don't win all the time, if that were the case, there wouldn't be millions of dollars getting liquidated every now and then, that happens because people choose the wrong sides and market moves the other way, but it is just that if you are careful and have a lot of experience, you will have more chances of getting profits.

Traders need to understand that this idea that everyone can win over the long term is not realistic or even possible at all, trading is very similar to poker, if there are 10 players and each one has 1k over the table then that 10k will be redistributed among them, some will leave with more than 1k while some will leave with less than that, now in theory poker is a zero sum game but since you need to pay the rake as well then this means the amount everyone leaves the table is even less than 10k, and the same is true for trading due to the commissions exchanges charge you.

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Quote from: pakhitheboss on July 06, 2023, 03:42:23 AM

The biggest difference between futures trading and gambling is that in futures trading, you can control the outcome, whereas in gambling, you cannot. Futures trading involves speculating of the future price, while gambling is a form of entertainment. With futures trading you do need to consider a lot of factors like maket trend, analysis data and make correct trading decision. In gambling all you do not need any kind of skills, comparing the two does not make any sense. It is incorrect to assume that they are the same, as they are not.

No one can actually control the outcome in futures trading, that is a wrong statement, what you can do in futures trading is predict the outcome more accurately with the help of market knowledge, experience, and fundamental and technical analysis, and that is what makes it different from gambling because you don't have a chart to read or a team or a project to analyze or a past to check when it comes to gambling, it's pure speculation.

The outcome of both of course isn't guaranteed, even in futures trading, you don't win all the time, if that were the case, there wouldn't be millions of dollars getting liquidated every now and then, that happens because people choose the wrong sides and market moves the other way, but it is just that if you are careful and have a lot of experience, you will have more chances of getting profits.

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Quote from: Strongkored on July 06, 2023, 05:17:21 AM

If the futures trade that you are doing depends on luck, it is very likely that the trader will do it only based on guesswork, not based on analysis, because trading should be the result of analysis, and luck does not play an important role in trading, it is very different from gambling, it will be entirely based on luck, and only in certain games or certain types of gambling that really require skill and also the ability to analyze, such as poker games and sports betting, because the win rate in this type of gambling really depends on skills and also analytical abilities such as the match to be chosen as a bet .
But if a trader trades on binary options it is the same as gambling and only depends on luck in my opinion.

If we talk about luck, yes indeed both will depend on luck, it's just that the level of luck is very different because we certainly know that gambling is a business established for the benefit of casino owners, not for customers, so gambling luck will be much greater than futures trading.
in terms of analysis both also require analysis and here we are talking about futures trading with sports betting. Both types have similarities that require analysis.

from everything that I have said here, I have the conclusion that gambling has a risk of competing with gambling owners and we will lose more than win and for futures trading there is a risk when prices dump.

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Quote from: KTChampions on July 03, 2023, 03:54:57 PM

All these are fairy tales that are told by those who sell this "knowledge" and "tools" to naive simpletons, promising those that they will get rich. If such knowledge/tools allowing trading in plus (guaranteed) existed, then everyone would get rich evenly, right? But you do realize that it's mathematically impossible, don't you?

I find it puzzling why people remain so naive when it comes to these matters. I am skeptical of the notion of achieving success in life through fairy tales because, inherently, human beings tend to be secretive. What I mean is that when individuals have a reliable source of income, they usually keep it hidden from the public and refrain from sharing it with others, unless the idea is not lucrative enough. This is when you witness them disguising and attempting to teach the public how to make money. However, deep down, they know it doesn't work that way. When an idea truly brings in money, they will never disclose it to the public.

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Quote from: Juse14 on July 06, 2023, 04:19:05 AM

Quote from: Crypt0Gore on June 23, 2023, 12:29:06 AM

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

I like to do both because I think both speak about luck. However, it has a different risk.

But for card gambling and other bets I prefer to do it with friends for entertainment rather than having to do it in a casino. By betting and gambling with friends, the velocity of money will only be in that scope and when I lose, I can still feel the money from my friends. Whereas when playing at the casino, when I lose, I will really lose money. And for online gambling, I try to avoid it because the risks involved are very high.

For futures trading I really like it. because with futures trading, both short and long, apart from providing benefits for me and the level of risk is not too high. Futures trading can hone my skills and increase my literacy because I have to keep an eye on market developments so I can make a profit and when I experience a loss I don't feel a loss because I get a replacement, which is more valuable knowledge so I can continue to improve my skills and evaluate to minimize losses.

Obviously for gambling and trading both have risks but for trading you can predict what the success rate will be while for gambling it is very difficult to predict.

If the futures trade that you are doing depends on luck, it is very likely that the trader will do it only based on guesswork, not based on analysis, because trading should be the result of analysis, and luck does not play an important role in trading, it is very different from gambling, it will be entirely based on luck, and only in certain games or certain types of gambling that really require skill and also the ability to analyze, such as poker games and sports betting, because the win rate in this type of gambling really depends on skills and also analytical abilities such as the match to be chosen as a bet .
But if a trader trades on binary options it is the same as gambling and only depends on luck in my opinion.

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Quote from: Crypt0Gore on June 23, 2023, 12:29:06 AM

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

I like to do both because I think both speak about luck. However, it has a different risk.

But for card gambling and other bets I prefer to do it with friends for entertainment rather than having to do it in a casino. By betting and gambling with friends, the velocity of money will only be in that scope and when I lose, I can still feel the money from my friends. Whereas when playing at the casino, when I lose, I will really lose money. And for online gambling, I try to avoid it because the risks involved are very high.

For futures trading I really like it. because with futures trading, both short and long, apart from providing benefits for me and the level of risk is not too high. Futures trading can hone my skills and increase my literacy because I have to keep an eye on market developments so I can make a profit and when I experience a loss I don't feel a loss because I get a replacement, which is more valuable knowledge so I can continue to improve my skills and evaluate to minimize losses.

Obviously for gambling and trading both have risks but for trading you can predict what the success rate will be while for gambling it is very difficult to predict.

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The biggest difference between futures trading and gambling is that in futures trading, you can control the outcome, whereas in gambling, you cannot. Futures trading involves speculating of the future price, while gambling is a form of entertainment. With futures trading you do need to consider a lot of factors like maket trend, analysis data and make correct trading decision. In gambling all you do not need any kind of skills, comparing the two does not make any sense. It is incorrect to assume that they are the same, as they are not.

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Quote from: Crypt0Gore on June 23, 2023, 12:29:06 AM

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?

If your aim is to make money go for future trading. If you want to have fun, look to gambling. They are both risky but you must have propensity for one. But I think that future trading is serious business and requires more effort than you gambling. The thrill of gambling is all that gamblers want, and if they can gain money from it, even better. If not, they are content to carry on with their lives. They don't need to study technical or fundamental analysis, and the news has little bearing on whether they win or lose.

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Quote from: Crypt0Gore on June 23, 2023, 12:29:06 AM

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.

gambling in casinos in my opinion is more suitable to only be used as an activity for fun and in my opinion it will not be able to make more money. if anything works i think it's a fortune.

Quote from: Crypt0Gore on June 23, 2023, 12:29:06 AM

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

i prefer futures trading to gambling in a casino when it comes to making money.

Quote from: Crypt0Gore on June 23, 2023, 12:29:06 AM

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?

all of course have their own risk of loss because we are both risking our money but in my opinion if we can learn well about trading then we will be able to control the risks in trading rather than casino gambling.

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Quote from: Silberman on July 05, 2023, 02:03:11 PM

Quote from: cabron on July 04, 2023, 12:54:38 PM

If futures trading is like gambling then trading in the forex market can also be considered gambling. I think the discussion regarding this is because of how the EU is trying to regulate the market as gambling. While it may not matter to some whether crypto trading can be considered gambling. The government may ban gambling which is gonna be an underground still after all the regulations are done.

It depends, there are many traders out there, especially newbies, which come to this market without knowing anything about it, invest in meme coins and hope for a big win, to me those people are gambling and not trading, also binary options and futures trading seems very similar to gambling as well, or at least that is what they seem to me, however if there is a trader out there which took their time to test their strategy and they did this for months and then they can obtain long term profits, then it is obvious such a person is not gambling.

Futures or binary options is somewhat similar like to gambling due to fast movement or pace on making decisions whether it would be going up or down, but the main differences on here is that you could really be able to

apply strategies on which it is really the main advantage compared when you do gamble.It is really just that there's significant difference in between spot and futures when it comes to this aspect. This is why there are people who are really that able to bare up such risks and there are ones who would really be sticking into spot because they cant really just that able to handle the risks specially with those huge leverage which it isnt really that
recommendable.
Surprisingly on which there are really lots of noobs who are really that directly trying out to engage with futures before doing spot but well along the way they would really be able to realize on such
big mistake that they had done.

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Quote from: cabron on July 04, 2023, 12:54:38 PM

If futures trading is like gambling then trading in the forex market can also be considered gambling. I think the discussion regarding this is because of how the EU is trying to regulate the market as gambling. While it may not matter to some whether crypto trading can be considered gambling. The government may ban gambling which is gonna be an underground still after all the regulations are done.

For some progressive countries, they may do this or will just add some rules to their citizens if it's related to gambling. And to answer with the question which is easier, gambling it is.

You can choose to gamble based on what you think if you're lucky and just let happen what should happen.

In futures, even if it's said as a gamble as well but you wanna be at least have that chance of learning the market and do some analysis before doing so.

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Quote from: Silberman on July 05, 2023, 02:03:11 PM

Quote from: cabron on July 04, 2023, 12:54:38 PM

If futures trading is like gambling then trading in the forex market can also be considered gambling. I think the discussion regarding this is because of how the EU is trying to regulate the market as gambling. While it may not matter to some whether crypto trading can be considered gambling. The government may ban gambling which is gonna be an underground still after all the regulations are done.

It depends, there are many traders out there, especially newbies, which come to this market without knowing anything about it, invest in meme coins and hope for a big win, to me those people are gambling and not trading, also binary options and futures trading seems very similar to gambling as well, or at least that is what they seem to me, however if there is a trader out there which took their time to test their strategy and they did this for months and then they can obtain long term profits, then it is obvious such a person is not gambling.

Indeed, those who enter this market without proper knowledge and understanding with how huge is the risk inside the market, those people are doing it the same deal with gambling they just invest and hope that a huge pump will take place and will allow them to collect a decent amount of money, same as well with future trading which the concept of anticipating the possible direction of the market is really hard to predict. But if someone who spend time to study and do their analysis, that's someone who can manage to earn and really doing things the right way.

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Quote from: cabron on July 04, 2023, 12:54:38 PM

If futures trading is like gambling then trading in the forex market can also be considered gambling. I think the discussion regarding this is because of how the EU is trying to regulate the market as gambling. While it may not matter to some whether crypto trading can be considered gambling. The government may ban gambling which is gonna be an underground still after all the regulations are done.

It depends, there are many traders out there, especially newbies, which come to this market without knowing anything about it, invest in meme coins and hope for a big win, to me those people are gambling and not trading, also binary options and futures trading seems very similar to gambling as well, or at least that is what they seem to me, however if there is a trader out there which took their time to test their strategy and they did this for months and then they can obtain long term profits, then it is obvious such a person is not gambling.

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