Can trading be considered as gambling?? - page 30.

cotton ball

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Quote from: Wowcoin on June 01, 2017, 07:55:38 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.

No as for me trading is not a gamble they have a bid differences like gamble you can only depend on your luck if you have no luck on gambling i a sure you that what ever you do you can't win. But on trading that base how you manage your skills and timing.

Legally, trading luck is not the same as luck in gambling (except techniques like swap etc), because trading uses volume volumes that are not moved by just one or two people, but thousands of people with tremendous transaction value every day. So this is a very different thing if you focus on the logic of profit and loss.

Wowcoin

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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.

No as for me trading is not a gamble they have a bid differences like gamble you can only depend on your luck if you have no luck on gambling i a sure you that what ever you do you can't win. But on trading that base how you manage your skills and timing.

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Quote from: serjent05 on June 01, 2017, 07:30:30 PM

Quote from: Caladonian on June 01, 2017, 07:24:05 PM

Quote from: Arindava on June 01, 2017, 01:56:37 PM

It may be wrong to think that trade is considered a gamble
Because trading in my opinion is buying and selling legitimate.

Well buying something that you arent sure what can be the outcome whether the value will goes down or goes up is also like risking your money the only difference is you have basis if you study correctly trading is more profitable than gambling and its also less riskier.

Buying something that we are not sure about the outcome is like gambling. It has the same effect to trading when we buy an altcoin that has no news, no dev and known as pump and dump coins. What I am trying to say is, trading can be considered as gambling if we are buying blindly. Not doing any research or just taking risk for possible multiple fold profit which is more likely not going to happen.

Basically, it's taking a risk. Deciding whether you invest in something that is going to make you money or going to lose money, that's somewhat like gambling or is gambling. Trading is considered gambling because when you invest in some ALTS then you are taking a risk therefore, you are gambling.

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Quote from: Caladonian on June 01, 2017, 07:24:05 PM

Quote from: Arindava on June 01, 2017, 01:56:37 PM

It may be wrong to think that trade is considered a gamble
Because trading in my opinion is buying and selling legitimate.

Well buying something that you arent sure what can be the outcome whether the value will goes down or goes up is also like risking your money the only difference is you have basis if you study correctly trading is more profitable than gambling and its also less riskier.

Buying something that we are not sure about the outcome is like gambling. It has the same effect to trading when we buy an altcoin that has no news, no dev and known as pump and dump coins. What I am trying to say is, trading can be considered as gambling if we are buying blindly. Not doing any research or just taking risk for possible multiple fold profit which is more likely not going to happen.

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Quote from: Arindava on June 01, 2017, 01:56:37 PM

It may be wrong to think that trade is considered a gamble
Because trading in my opinion is buying and selling legitimate.

Well buying something that you arent sure what can be the outcome whether the value will goes down or goes up is also like risking your money the only difference is you have basis if you study correctly trading is more profitable than gambling and its also less riskier.

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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.

In a way trading can be considered as gambling in terms of risk. two, these are also similar because unlike investing, you try to earn money in the most shortest time possible. three, earning money is kinda on a time limit. in gambling, it can be your unlucky shot the next round and lose money while in trading you try to snatch the next "spike up" in the market. you take advantage of the momentary price discrepancies and buy/sell immediately. but as a difference, even if trading is fast you also apply mathematics, research and statistics to it. you must be aware of the original prices of stocks and securities you are dealing with so you can recognize it if it profitable or not in the next price discrepancy in the market.

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It may be wrong to think that trade is considered a gamble
Because trading in my opinion is buying and selling legitimate.

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Quote from: Oralmat on May 30, 2017, 06:36:28 AM

Quote from: Humanxlemming on May 30, 2017, 04:56:51 AM

Quote from: yoseph on May 30, 2017, 02:13:18 AM

I will surely consider trading as gambling, unless you are an insider trader, there is no way you can know what's going to happen and that's exactly what gambling is all about. Trading is more or less gambling.

definitely you're right my dear because we can consider that trading is just a gambling because it's just a buy low sel high. However, in gambling we just need to roll but it seems gambling would just depends in our luck but in trading we can say that our brain and educate our self on what is all in trading

People consider trading as gambling, i am sure risk wise people think that. In gambling we face the risk and in trading in every step we face the risk. But i agree with both of you, in both fields, we have low and high risk, it is our choice which way we choose, also in every step we don't know what is going now, Same in gambling in the end we don't know we win or not. But in my thinking, in trading, we manage our lose, but in gambling, if we have lose than we can't manege our lose.

In my personal opinion, I think gambling and trading have many similarities but we can not consider trading as gambling because in gambling we do not have any information to help us predict we win or lose in the next betting times, mostly rely on luck and emotion. But in trading, we have a lot of information such as market news, charts,... and we can rely on them to predict the next possible situation then come up with timely solutions, trading needs skill and experience, it does not rely entirely on luck

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Quote from: USSENT on May 31, 2017, 05:00:42 AM

it's gambling if you don't know the indicators and directions of market, not using news to follow up on your trading (like Forex and the like), literally speaking it can also be considered gambling since you are uncertain of the outcome...

well you're not certain about the outcome but definitely there's a lot of things you can do to make the outcome favorable which can hardly be said about gambling. I think that's the only thing these two are similar on though with trading, with knowledge and experience, yo definitely can make a profitable ending most of the time

USSENT

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it's gambling if you don't know the indicators and directions of market, not using news to follow up on your trading (like Forex and the like), literally speaking it can also be considered gambling since you are uncertain of the outcome...

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Quote from: mirakal on May 31, 2017, 02:13:27 AM

Quote from: selline on May 30, 2017, 07:54:09 AM

Quote from: Rooster101 on December 25, 2016, 01:55:01 AM

Trading and gambling have similarities,they both attempt to create a capital gain over a short period of time. They also more risky and their outcomes are unpredictable. Also both the gambler and the trader must decide how much they want to risk.

trade and gambling does have the same meaning that they tried to create capital gains over a short period of time so have the risks that could not be predicted that so gamblers and traders could decide how much risk they can

Yes, but it has different winning percentage, you have a better chance to succeed in trading than in gambling and that is based on the reality.
Although there are people who got rich in gambling but it is not advisable if you only have an average mind because to be successful in the long run you need to be clever enough to beat your opponent to remain consistent, gambling in luck based games are exempted in weighing your chance because you can only win if you are lucky.

It can be since the risk factor were both there but in trading it requires knowledge and strategy while gambling even we learn it and have strategies and experience it doesnt enough.

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Quote from: selline on May 30, 2017, 07:54:09 AM

Quote from: Rooster101 on December 25, 2016, 01:55:01 AM

Trading and gambling have similarities,they both attempt to create a capital gain over a short period of time. They also more risky and their outcomes are unpredictable. Also both the gambler and the trader must decide how much they want to risk.

trade and gambling does have the same meaning that they tried to create capital gains over a short period of time so have the risks that could not be predicted that so gamblers and traders could decide how much risk they can

Yes, but it has different winning percentage, you have a better chance to succeed in trading than in gambling and that is based on the reality.
Although there are people who got rich in gambling but it is not advisable if you only have an average mind because to be successful in the long run you need to be clever enough to beat your opponent to remain consistent, gambling in luck based games are exempted in weighing your chance because you can only win if you are lucky.

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Quote from: Humanxlemming on May 30, 2017, 04:56:51 AM

Quote from: yoseph on May 30, 2017, 02:13:18 AM

I will surely consider trading as gambling, unless you are an insider trader, there is no way you can know what's going to happen and that's exactly what gambling is all about. Trading is more or less gambling.

definitely you're right my dear because we can consider that trading is just a gambling because it's just a buy low sel high. However, in gambling we just need to roll but it seems gambling would just depends in our luck but in trading we can say that our brain and educate our self on what is all in trading

to me although gambling and trading are not the same but it is different from person to person, as in gambling we mostly depend on our luck, and if we are luck we will certainly make good money in gambling, in gambling we do not depend on our experience and skill. while in trading our skill, knowledge analysis and our knowledge also play important role in trading, so those people who do not have experience in trading they they are dong trad just like gambling depending on their luck only.

selline

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Quote from: Rooster101 on December 25, 2016, 01:55:01 AM

Trading and gambling have similarities,they both attempt to create a capital gain over a short period of time. They also more risky and their outcomes are unpredictable. Also both the gambler and the trader must decide how much they want to risk.

trade and gambling does have the same meaning that they tried to create capital gains over a short period of time so have the risks that could not be predicted that so gamblers and traders could decide how much risk they can

Oralmat

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Quote from: Humanxlemming on May 30, 2017, 04:56:51 AM

Quote from: yoseph on May 30, 2017, 02:13:18 AM

I will surely consider trading as gambling, unless you are an insider trader, there is no way you can know what's going to happen and that's exactly what gambling is all about. Trading is more or less gambling.

definitely you're right my dear because we can consider that trading is just a gambling because it's just a buy low sel high. However, in gambling we just need to roll but it seems gambling would just depends in our luck but in trading we can say that our brain and educate our self on what is all in trading

People consider trading as gambling, i am sure risk wise people think that. In gambling we face the risk and in trading in every step we face the risk. But i agree with both of you, in both fields, we have low and high risk, it is our choice which way we choose, also in every step we don't know what is going now, Same in gambling in the end we don't know we win or not. But in my thinking, in trading, we manage our lose, but in gambling, if we have lose than we can't manege our lose.

gentlem3n

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it can very much be considered gambling in my opinion if you don't really know what you are doing and in that case just blindlly depending on luck which is what is considered gambling (even less than paper games or sport betting.

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Quote from: Humanxlemming on May 30, 2017, 04:56:51 AM

Quote from: yoseph on May 30, 2017, 02:13:18 AM

I will surely consider trading as gambling, unless you are an insider trader, there is no way you can know what's going to happen and that's exactly what gambling is all about. Trading is more or less gambling.

definitely you're right my dear because we can consider that trading is just a gambling because it's just a buy low sel high. However, in gambling we just need to roll but it seems gambling would just depends in our luck but in trading we can say that our brain and educate our self on what is all in trading

Frankly, it depends on every person. Some people tend to over reacted with the price fluctuation and the other one will remain calm and wait for the best moment. Even though trading can be considered as a gambling but it has a lower risk compared to gambling itself. In trading, we won't lose or win till we take a sell action. So, as long as we still keep our coins, anything can happen!

Humanxlemming

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Quote from: yoseph on May 30, 2017, 02:13:18 AM

I will surely consider trading as gambling, unless you are an insider trader, there is no way you can know what's going to happen and that's exactly what gambling is all about. Trading is more or less gambling.

definitely you're right my dear because we can consider that trading is just a gambling because it's just a buy low sel high. However, in gambling we just need to roll but it seems gambling would just depends in our luck but in trading we can say that our brain and educate our self on what is all in trading

OVOBTC

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Generally speaking the difference between trading in stocks, trading crypto isn't that different, So IMO if you are a skilled traer like you claim to be then it could work, but it would be bad for you to have gambling senses and rush to profit for example like gamblers and forget about strategies.

yoseph

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I will surely consider trading as gambling, unless you are an insider trader, there is no way you can know what's going to happen and that's exactly what gambling is all about. Trading is more or less gambling.

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