Can trading be considered as gambling?? - page 2.

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Quote from: krishnaverma on March 19, 2018, 12:07:42 PM

Quote from: Chikitita2004 on March 12, 2018, 03:59:40 PM

Somehow. A sort of but not totally. Trading is also very risky and if you unlucky your coins can be hacked in an exchange accounts. Trading needs skills also but enethough they are skillful in this area losing is still inevitable. You would know, no one knows as prices is very unpredictable.

Actually gambling also needs skills. In my country, their is a law that only those gambling related games are allowed online where some sort of skill is used. Most of the sites are twisting the rules for their own benefits and have proved that there are skills required for playing games on their websites. Fact that they are running for years is evidence that the court agrees to this.

You need skills if you do a skilled based games.
However, most of the gamblers are gambling a luck based games but they think they can make money easily, it's a wrong
mentality, when we think that gambling could give easy money, the more we will lose money.

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Quote from: Chikitita2004 on March 12, 2018, 03:59:40 PM

Somehow. A sort of but not totally. Trading is also very risky and if you unlucky your coins can be hacked in an exchange accounts. Trading needs skills also but enethough they are skillful in this area losing is still inevitable. You would know, no one knows as prices is very unpredictable.

Actually gambling also needs skills. In my country, their is a law that only those gambling related games are allowed online where some sort of skill is used. Most of the sites are twisting the rules for their own benefits and have proved that there are skills required for playing games on their websites. Fact that they are running for years is evidence that the court agrees to this.

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Quote from: butcherboss on December 24, 2016, 03:01:56 PM

I want to know what you guys think about this, I have stopped gambling but still trade so does this mean I am still gambling?? I don't trade on basis of luck I trade using my skills would it still be considered gambling??

Please tell me what do you think.

As what i know you can consider trading is a gambling also because you would also have a trade. You have to make deal and sacrifice on what being happend after that. Trading also undetermined like gambling ,you cannot know if is drive up to success or maybe you failed. Trading is gambling because you are already sacrificing money and future to make sure that you wouldbe successful.

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It depends on how you trade. As we can see, there are lots of people lost in trading even they're not gambling or playing casino or whatsoever. It is how people deal and use it. Yet, less people are successful in trading. The probability in trading is a win-win situation.

Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money. A system or network that allows trade is called a market.

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Quote from: meliodas on March 16, 2018, 03:25:04 AM

Quote from: abayan on March 15, 2018, 09:17:44 PM

Quote from: cazkooo on March 12, 2018, 03:37:45 PM

Quote from: jhongzjhong on March 12, 2018, 01:03:39 PM

Quote from: cazkooo on March 12, 2018, 11:25:05 AM

Quote from: KorakPawon on March 11, 2018, 10:57:50 PM

Trading and gambling are similar in that they both attempt to create a capital gain, over a relatively short period of time, without creating new wealth. If I am a shoemaker, then my efforts create a pair of shoes that someone else can wear (new wealth), while I earn an income from cobbling. When I am a trader or gambler, I may earn an income, but there is no additional wealth created.

Why do you say that it is similar? We all know that it is not similar at all. By using the same logic, you could probably say that there is no need for us to work anymore as we could gamble? Trading is a full time job for somebody and they are definitely not messing around with it, if it is a gambling then it doesnt have to be a considered a job

Trading is a sort of gambling it is also lowered risk compared to gambling. Yeah, I agreed with that trading is having similarities to the gambling because putting money to invest is just like gambling you didn't know what will happen next.
Is trading a job? and my answer is no that not a kind of a job it is a small version of gambling.

If trading is some sort of gambling then you should just buy whatever it is on the market and pray that it will be up in the future but no trading doesnt work like that. We need to make some sort of technical and fundamental analysis to make sure we are executing the right order rather than buy whatever and pretend it is 100 % gamble

Well at some point, I still believe that trading have some sort of the characteristics of gambling. Why?
Because trading also depends on the decision of people involved and the things being traded. Just like gambling, we are not sure of how will the trade go.

I disagree with you, the only thing that Trading is similar to gambling is that you are risking your money, but not like gambling, trading is more beneficial since the possibility of having a profits is bigger than the possibility of losing profits. Trading is a sure win, and it is worth to risk our money on it than trying gambling in the first place.

Yes, i agree that trading has a similarity to gambling, not on the way how you do it but the thoughts about it both involve decision making and risking our own asset because even trading have unpredictable outcome since market characteristic is truly dependent on people around the world, so it certainly both involve risk like gambling.

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yes can be called gambling, forex example In the forex trading process, traders buy and sell activities. There is no gambling activity in forex transactions. A trader does not risk anything either with other traders or with a broker. Price movements that occur in the forex market is influenced by many things with a very wide coverage. The main factors that affect the supply and demand of a currency, in addition there are also economic factors, political and other factors. These factors include conditions around the world so it is not guesswork based.

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Quote from: abayan on March 15, 2018, 09:17:44 PM

Quote from: cazkooo on March 12, 2018, 03:37:45 PM

Quote from: jhongzjhong on March 12, 2018, 01:03:39 PM

Quote from: cazkooo on March 12, 2018, 11:25:05 AM

Quote from: KorakPawon on March 11, 2018, 10:57:50 PM

Trading and gambling are similar in that they both attempt to create a capital gain, over a relatively short period of time, without creating new wealth. If I am a shoemaker, then my efforts create a pair of shoes that someone else can wear (new wealth), while I earn an income from cobbling. When I am a trader or gambler, I may earn an income, but there is no additional wealth created.

Why do you say that it is similar? We all know that it is not similar at all. By using the same logic, you could probably say that there is no need for us to work anymore as we could gamble? Trading is a full time job for somebody and they are definitely not messing around with it, if it is a gambling then it doesnt have to be a considered a job

Trading is a sort of gambling it is also lowered risk compared to gambling. Yeah, I agreed with that trading is having similarities to the gambling because putting money to invest is just like gambling you didn't know what will happen next.
Is trading a job? and my answer is no that not a kind of a job it is a small version of gambling.

If trading is some sort of gambling then you should just buy whatever it is on the market and pray that it will be up in the future but no trading doesnt work like that. We need to make some sort of technical and fundamental analysis to make sure we are executing the right order rather than buy whatever and pretend it is 100 % gamble

Well at some point, I still believe that trading have some sort of the characteristics of gambling. Why?
Because trading also depends on the decision of people involved and the things being traded. Just like gambling, we are not sure of how will the trade go.

I disagree with you, the only thing that Trading is similar to gambling is that you are risking your money, but not like gambling, trading is more beneficial since the possibility of having a profits is bigger than the possibility of losing profits. Trading is a sure win, and it is worth to risk our money on it than trying gambling in the first place.

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Quote from: cazkooo on March 12, 2018, 03:37:45 PM

Quote from: jhongzjhong on March 12, 2018, 01:03:39 PM

Quote from: cazkooo on March 12, 2018, 11:25:05 AM

Quote from: KorakPawon on March 11, 2018, 10:57:50 PM

Trading and gambling are similar in that they both attempt to create a capital gain, over a relatively short period of time, without creating new wealth. If I am a shoemaker, then my efforts create a pair of shoes that someone else can wear (new wealth), while I earn an income from cobbling. When I am a trader or gambler, I may earn an income, but there is no additional wealth created.

Why do you say that it is similar? We all know that it is not similar at all. By using the same logic, you could probably say that there is no need for us to work anymore as we could gamble? Trading is a full time job for somebody and they are definitely not messing around with it, if it is a gambling then it doesnt have to be a considered a job

Trading is a sort of gambling it is also lowered risk compared to gambling. Yeah, I agreed with that trading is having similarities to the gambling because putting money to invest is just like gambling you didn't know what will happen next.
Is trading a job? and my answer is no that not a kind of a job it is a small version of gambling.

If trading is some sort of gambling then you should just buy whatever it is on the market and pray that it will be up in the future but no trading doesnt work like that. We need to make some sort of technical and fundamental analysis to make sure we are executing the right order rather than buy whatever and pretend it is 100 % gamble

Well at some point, I still believe that trading have some sort of the characteristics of gambling. Why?
Because trading also depends on the decision of people involved and the things being traded. Just like gambling, we are not sure of how will the trade go.

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Quote from: DarkIT on March 13, 2018, 10:25:00 PM

I think not. maybe I used to think that trading is like gambling. but after I do it, it's like selling and buying an item. it's just that the rise and fall in prices is very difficult to predict. besides, you do not instantly lose the money you have if wrong prediction.

- Certainly not, many people are still mistaken trading should be considered as gambling when it has many similarities with each other, the same is true, but the nature and mode of operation is very different. Gambling is created for the benefit of the owner while trading is created because the benefit of all traders, want to make money, participate in trading, want to have fun, participate in gambling, very clear, and exactly as you say, with gambling, losing is losing all but with trading, losing is not losing everything, we can still wait then return with a profit

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I think not. maybe I used to think that trading is like gambling. but after I do it, it's like selling and buying an item. it's just that the rise and fall in prices is very difficult to predict. besides, you do not instantly lose the money you have if wrong prediction.

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Quote from: jrrsparkles on March 13, 2018, 04:22:18 AM

Quote from: FRJ on March 12, 2018, 10:33:42 PM

I think trading and gambling are two different issues because people earn money through trading and people lose their capital through gambling, so I want to say that no one can achieve success in his life till gambling on two separate items in trading and gambling. Many people through tradingHas been able to achieve success in his life,

So I want to say that trading can never be considered a gambling and those who consider trading gambling wrongly, I think

More people are losing money in gambling but some people are getting millionaires through gambling by overnight,so we can't say no one is making money through gambling.But trading and gambling both are different,the success in gambling depends only on luck but in trading it will be based on skills and luck.

It's not impossible to be millionaire in gambling in a short period of time but we should bear in mind that majority of the gamblers
are losers so it does not worry the gambling sites as in the end of the day they will still be profitable.

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Quote from: FRJ on March 12, 2018, 10:33:42 PM

I think trading and gambling are two different issues because people earn money through trading and people lose their capital through gambling, so I want to say that no one can achieve success in his life till gambling on two separate items in trading and gambling. Many people through tradingHas been able to achieve success in his life,

So I want to say that trading can never be considered a gambling and those who consider trading gambling wrongly, I think

More people are losing money in gambling but some people are getting millionaires through gambling by overnight,so we can't say no one is making money through gambling.But trading and gambling both are different,the success in gambling depends only on luck but in trading it will be based on skills and luck.

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Quote from: FRJ on March 12, 2018, 10:33:42 PM

I think trading and gambling are two different issues because people earn money through trading and people lose their capital through gambling, so I want to say that no one can achieve success in his life till gambling on two separate items in trading and gambling. Many people through tradingHas been able to achieve success in his life,

So I want to say that trading can never be considered a gambling and those who consider trading gambling wrongly, I think

I agree that gambling and trading is different. gambling is all about of luck and trading is all about a knowledge/analysis
the same need a luck too. but progress are two different issues to playing them.

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Quote from: FRJ on March 12, 2018, 10:33:42 PM

I think trading and gambling are two different issues because people earn money through trading and people lose their capital through gambling, so I want to say that no one can achieve success in his life till gambling on two separate items in trading and gambling. Many people through tradingHas been able to achieve success in his life,

So I want to say that trading can never be considered a gambling and those who consider trading gambling wrongly, I think

People believe that they can make easy money in gambling because of the instant result but they did not realize how hard to achieve it.
There is a big gamble when trading but I would not call it a gambling itself since luck alone in trading would not make you successful, you have to
be smart to analyze the data so you can be successful in the long run.

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I think trading and gambling are two different issues because people earn money through trading and people lose their capital through gambling, so I want to say that no one can achieve success in his life till gambling on two separate items in trading and gambling. Many people through tradingHas been able to achieve success in his life,

So I want to say that trading can never be considered a gambling and those who consider trading gambling wrongly, I think

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Quote from: Chikitita2004 on March 12, 2018, 03:59:40 PM

Somehow. A sort of but not totally.

Its hard to compare and distinguish that trading is also a gambling. Anything that has risk can be told that way and even businesses does also use the terminology of "risk". And it's clear to them that they are also gambling with their money and taking time to study the risk they are taking. We can say, it's not literally a gamble but it's sort of.

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Quote from: rodel caling on March 12, 2018, 06:06:42 PM

Quote from: butcherboss on December 24, 2016, 03:01:56 PM

I want to know what you guys think about this, I have stopped gambling but still trade so does this mean I am still gambling?? I don't trade on basis of luck I trade using my skills would it still be considered gambling??

Please tell me what do you think.

trading also have a risk even if you have skilled how to make money in trading but the risk in trading are very minimal unlike in the gambling have big risk to lose all of your money specially if have not the good player.

gambling and trading are have similarity if you are a trader and putting your investment into the coins they have not possible to increase the price in the market but as a gambler you feel that coins later on giving to you an earning.

Yes, trading has risk but trading cannot be considered as gambling the risk offered is not like gambling unless you want to make gamble with the coin you choose risking is too way far from gambling if only the coins is the basis. trading is something that you can start with reading and making your own skills.

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Quote from: butcherboss on December 24, 2016, 03:01:56 PM

I want to know what you guys think about this, I have stopped gambling but still trade so does this mean I am still gambling?? I don't trade on basis of luck I trade using my skills would it still be considered gambling??

Please tell me what do you think.

trading also have a risk even if you have skilled how to make money in trading but the risk in trading are very minimal unlike in the gambling have big risk to lose all of your money specially if have not the good player.

gambling and trading are have similarity if you are a trader and putting your investment into the coins they have not possible to increase the price in the market but as a gambler you feel that coins later on giving to you an earning.

Chikitita2004

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Somehow. A sort of but not totally. Trading is also very risky and if you unlucky your coins can be hacked in an exchange accounts. Trading needs skills also but enethough they are skillful in this area losing is still inevitable. You would know, no one knows as prices is very unpredictable.

cazkooo

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Quote from: jhongzjhong on March 12, 2018, 01:03:39 PM

Quote from: cazkooo on March 12, 2018, 11:25:05 AM

Quote from: KorakPawon on March 11, 2018, 10:57:50 PM

Trading and gambling are similar in that they both attempt to create a capital gain, over a relatively short period of time, without creating new wealth. If I am a shoemaker, then my efforts create a pair of shoes that someone else can wear (new wealth), while I earn an income from cobbling. When I am a trader or gambler, I may earn an income, but there is no additional wealth created.

Why do you say that it is similar? We all know that it is not similar at all. By using the same logic, you could probably say that there is no need for us to work anymore as we could gamble? Trading is a full time job for somebody and they are definitely not messing around with it, if it is a gambling then it doesnt have to be a considered a job

Trading is a sort of gambling it is also lowered risk compared to gambling. Yeah, I agreed with that trading is having similarities to the gambling because putting money to invest is just like gambling you didn't know what will happen next.
Is trading a job? and my answer is no that not a kind of a job it is a small version of gambling.

If trading is some sort of gambling then you should just buy whatever it is on the market and pray that it will be up in the future but no trading doesnt work like that. We need to make some sort of technical and fundamental analysis to make sure we are executing the right order rather than buy whatever and pretend it is 100 % gamble

Topic: Can trading be considered as gambling?? - page 2. (Read 21308 times)