Can trading be considered as gambling?? - page 41.

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Quote from: ethereumhunter on February 07, 2017, 11:16:14 PM

Quote from: --DarkSecrets-- on February 07, 2017, 09:15:40 PM

Quote from: dylanc on February 07, 2017, 08:04:55 PM

I guess trading has a large element of skill and judgement, so it can be considered not gambling.

Yes ,but it has a big difference when it come by using skills ,and trading is not like gambling to use some analysis and skills only .It is needed a big patient and predicting some movements in the market to earn.

indeed and what happen in trading is could not be predicting as the market is move by demand and supply, but in gambling, we only need to place a bets, waiting for the result and win or lose. sometimes gambling need skills too but its only for specific games like sports betting and the other games is based on the luck.

you understood it completely upside down!
you can never predict anything as long as you are gambling, becasue there is not way of predicting anything in gambling which is a game of luck.
but in trading there are lots of way known as analysis to predict the market movement and how price of a commodity is going to change. and that alone is a pretty huge difference.

I think you don't really understand what ethereumhunter was trying to say here and I think he/she was talking about sport betting, horse racing gambling where you predict the winning team not dice. However, gambler can still predict the winning scoop through his/her instinct when it come to dice.

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Quote from: mirakal on February 06, 2017, 09:23:23 PM

Quote from: EdenHazard on February 06, 2017, 07:26:51 PM

Quote from: Mr.grin on February 05, 2017, 11:44:14 AM

I once read an article that said that trading would be a gambling game, when you do not know how the system works, and if you're just relying on luck. Well, the actual trading is a technique of analysis, you can predict where prices will be achieved on a coin, or the market price. and I think that it is a true statement.

i guess there is too much similarities between both trading and gambling then people consider each are the same thing. what makes me interesting are there few people only says "can gamble considered as trading?" .

if you think with that way you will find the actual answer.

The only similarity I saw is the risk factor, both are risky but the risk can be scaled or weighted depending on who performs the action. Gambling could be less risky when a professional gambler knows how to win and can do it consistently, and although trading in general is not as risky as gambling but if it's done by a trader who lacks education then that makes it riskier than gambling.

are you sure? how about when gambling and trading are same guessing on something that uncertain? trading on price and gambling on an event, also both lure you for an instant / easy money making compared to real life hard work.

so in my opinion , gambling and trading are just same thing no matter if you have a lot of experience and skills.

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Quote from: The_Dark_Knight on February 08, 2017, 08:35:36 PM

Quote from: pixie85 on February 06, 2017, 10:02:38 PM

Quote from: mirakal on February 06, 2017, 09:23:23 PM

The only similarity I saw is the risk factor, both are risky but the risk can be scaled or weighted depending on who performs the action. Gambling could be less risky when a professional gambler knows how to win and can do it consistently, and although trading in general is not as risky as gambling but if it's done by a trader who lacks education then that makes it riskier than gambling.

How can gambling be less risky than trading? Even when someone uneducated trades he will never take a full loss. This means that if the prices start falling he can sell and take back most of his investment.
In gambling you place a bet and if you lose that bet is gone! Gambling will always be more risky than trading.

There are trading options that follow the same principle for example if you do binary trading, you only have two options, to get your prediction right and earn money or to lose your full investment, so that happens in trading too and not only in gambling.

Binary trading looks gambling to me, you are predicting the price at a very short time and it will give you a result. On the other hand, I like trading because you have an ample time to do a research before you can finalize your decision. I tried binary and that does not give me success, so in order to earn, we should look for a better ways where we feel we have a chance to realize it.

I admit binary trading may look like gambling to some, but I think that is if you do the 1 minute trades there are positions that can last as long as a week depending on the instrument you are trading and the platform you use to trade.

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Quote from: klf on February 09, 2017, 11:04:33 AM

Quote from: slapper on February 09, 2017, 10:23:49 AM

Quote from: pinkpanther03 on February 09, 2017, 03:26:50 AM

Quote from: Mbah Slamet on February 08, 2017, 08:43:28 AM

I think trading is gambling, when everyone makes trading as main work and it turns out they lost, certainly it can we equate that trading is gambling. the other thing is because no one could accurately predicted that trading will be profit.

I beg to disagreed, how come that Trading is similar to gambling, gambling is for fun and entartainment and some gambler take it serously because of the mindsetting that they will become rich in gambling but not. While in trading, your doing this just fun and entertainment, instead this is your business, that you want to grow it by simply doing buy and low principles in the coins you like to buy. And the risk is that high as gambling.

Yeah. I do not know why many people still think that gambling is the same as trading. IT is so ridiculous. Trading is a decent job which can brings you lots of money and a stable income. Gambling is only a fun and joyful activity which helps people to relax and earn some extra bucks just for fun. And gambling can easily make a person become addicted to it and it is not good at all

Yes Trading is one type of business, this is not a game like gambling. If you are a professional trader, you can make a huge profit in Trading and here we can expect a profit if we are a pro in trading. But the gambling is not like that if you are a pro in all games in gambling then also you will not be confident that you will make a profit or not.

If we talk about gambling in general then trading is a form of gambling. Cheesy

Gambling can be interpreted in 2 different ways one is playing game of chance involving money
and the other is taking risky actions and hoping for the desired result.

the only difference between gambling and trading is that gambling has a fixed odds system
and trading is in the market which is unpredictable. the two can't be compared to each other
about their systems but both is a form of gambling.

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Quote from: slapper on February 09, 2017, 10:23:49 AM

Quote from: pinkpanther03 on February 09, 2017, 03:26:50 AM

Quote from: Mbah Slamet on February 08, 2017, 08:43:28 AM

I think trading is gambling, when everyone makes trading as main work and it turns out they lost, certainly it can we equate that trading is gambling. the other thing is because no one could accurately predicted that trading will be profit.

I beg to disagreed, how come that Trading is similar to gambling, gambling is for fun and entartainment and some gambler take it serously because of the mindsetting that they will become rich in gambling but not. While in trading, your doing this just fun and entertainment, instead this is your business, that you want to grow it by simply doing buy and low principles in the coins you like to buy. And the risk is that high as gambling.

Yeah. I do not know why many people still think that gambling is the same as trading. IT is so ridiculous. Trading is a decent job which can brings you lots of money and a stable income. Gambling is only a fun and joyful activity which helps people to relax and earn some extra bucks just for fun. And gambling can easily make a person become addicted to it and it is not good at all

Yes Trading is one type of business, this is not a game like gambling. If you are a professional trader, you can make a huge profit in Trading and here we can expect a profit if we are a pro in trading. But the gambling is not like that if you are a pro in all games in gambling then also you will not be confident that you will make a profit or not.

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Quote from: doomistake on February 09, 2017, 03:45:27 AM

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??

Trading and Gambling do have a big difference. Trading do also have a risk but not that big like the risk in gambling, maybe that was you are trying to say, that Trading and Gambling is just the same because of this risk, but they are different. In trading, you are 100% sure that your money would come back, in time, but in gambling you are sure most of the time because the most of it, you lose.

You are really contradicting yourself here when you say that trading also have a risk, but than immediately add that you are 100% sure that your money would come back.

In fact trading is a zero sum game, in order for someone to get profit, other people must lose money. What makes it different from gambling is that the price changes are driven by many different factors, like investor moves, news, rumors, etc. In gambling chances to win/lose are always static and always not in players favor.

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Quote from: pinkpanther03 on February 09, 2017, 03:26:50 AM

Quote from: Mbah Slamet on February 08, 2017, 08:43:28 AM

I think trading is gambling, when everyone makes trading as main work and it turns out they lost, certainly it can we equate that trading is gambling. the other thing is because no one could accurately predicted that trading will be profit.

I beg to disagreed, how come that Trading is similar to gambling, gambling is for fun and entartainment and some gambler take it serously because of the mindsetting that they will become rich in gambling but not. While in trading, your doing this just fun and entertainment, instead this is your business, that you want to grow it by simply doing buy and low principles in the coins you like to buy. And the risk is that high as gambling.

Yeah. I do not know why many people still think that gambling is the same as trading. IT is so ridiculous. Trading is a decent job which can brings you lots of money and a stable income. Gambling is only a fun and joyful activity which helps people to relax and earn some extra bucks just for fun. And gambling can easily make a person become addicted to it and it is not good at all

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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??

Trading and Gambling do have a big difference. Trading do also have a risk but not that big like the risk in gambling, maybe that was you are trying to say, that Trading and Gambling is just the same because of this risk, but they are different. In trading, you are 100% sure that your money would come back, in time, but in gambling you are sure most of the time because the most of it, you lose.

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

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.

And, Trading is not just based on luck, this was the first time I've heard something like this because no one would ever do Trading if he will just base trading on his luck. Trading all about knowledge on how you are going to buy and sell the coins that you are going to buy with a huge profit or just enough profit, and doing Trading without any knowledge about it means you are jus wasting your money and time because you won't go anywhere without knowledge about anything that you will do in your everyday living.

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Quote from: Mbah Slamet on February 08, 2017, 08:43:28 AM

I think trading is gambling, when everyone makes trading as main work and it turns out they lost, certainly it can we equate that trading is gambling. the other thing is because no one could accurately predicted that trading will be profit.

I beg to disagreed, how come that Trading is similar to gambling, gambling is for fun and entartainment and some gambler take it serously because of the mindsetting that they will become rich in gambling but not. While in trading, your doing this just fun and entertainment, instead this is your business, that you want to grow it by simply doing buy and low principles in the coins you like to buy. And the risk is that high as gambling.

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Quote from: bhadz on February 08, 2017, 07:12:39 PM

Quote from: starboyshuvo on February 08, 2017, 09:54:30 AM

Yes if you don't know about analysis

Analysis in trading and gambling are different. When you think of analysis in trading then that's a good way of analysis but in gambling, that is not actually an analysis but you are just doing some proper timing on when you are going to gamble. It's like somehow a strategy in gambling where you can have more chance of winning but in trading, that's already a method.

i think for every business you have to do difference analysis. ever business required different knowledge and different analysis. i think analysis of one business not world in some sort of another business. and similarly gambling also require their own analysis. we cannot compare the analysis in gambling and business.

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Quote from: The_Dark_Knight on February 08, 2017, 08:35:36 PM

Quote from: pixie85 on February 06, 2017, 10:02:38 PM

Quote from: mirakal on February 06, 2017, 09:23:23 PM

The only similarity I saw is the risk factor, both are risky but the risk can be scaled or weighted depending on who performs the action. Gambling could be less risky when a professional gambler knows how to win and can do it consistently, and although trading in general is not as risky as gambling but if it's done by a trader who lacks education then that makes it riskier than gambling.

How can gambling be less risky than trading? Even when someone uneducated trades he will never take a full loss. This means that if the prices start falling he can sell and take back most of his investment.
In gambling you place a bet and if you lose that bet is gone! Gambling will always be more risky than trading.

There are trading options that follow the same principle for example if you do binary trading, you only have two options, to get your prediction right and earn money or to lose your full investment, so that happens in trading too and not only in gambling.

Binary trading looks gambling to me, you are predicting the price at a very short time and it will give you a result. On the other hand, I like trading because you have an ample time to do a research before you can finalize your decision. I tried binary and that does not give me success, so in order to earn, we should look for a better ways where we feel we have a chance to realize it.

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Quote from: pixie85 on February 06, 2017, 10:02:38 PM

Quote from: mirakal on February 06, 2017, 09:23:23 PM

The only similarity I saw is the risk factor, both are risky but the risk can be scaled or weighted depending on who performs the action. Gambling could be less risky when a professional gambler knows how to win and can do it consistently, and although trading in general is not as risky as gambling but if it's done by a trader who lacks education then that makes it riskier than gambling.

How can gambling be less risky than trading? Even when someone uneducated trades he will never take a full loss. This means that if the prices start falling he can sell and take back most of his investment.
In gambling you place a bet and if you lose that bet is gone! Gambling will always be more risky than trading.

There are trading options that follow the same principle for example if you do binary trading, you only have two options, to get your prediction right and earn money or to lose your full investment, so that happens in trading too and not only in gambling.

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Quote from: starboyshuvo on February 08, 2017, 09:54:30 AM

Yes if you don't know about analysis

Analysis in trading and gambling are different. When you think of analysis in trading then that's a good way of analysis but in gambling, that is not actually an analysis but you are just doing some proper timing on when you are going to gamble. It's like somehow a strategy in gambling where you can have more chance of winning but in trading, that's already a method.

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Quote from: --DarkSecrets-- on February 08, 2017, 04:53:44 PM

Quote from: starboyshuvo on February 08, 2017, 09:54:30 AM

Yes if you don't know about analysis

No its not that. In the first place you will not think trading as gambling why , from its meaning in your own opinion trading is simply buy and sell right? Gambling younknow also the meaning the mistakes why these two becomes same is because of risk of investing .so technically no even you doesn't know its analysis .

Well, meaning and actual action is different. It is defined that gambling is not trading and vice versa but if you act and trade blindly, then it is the same as gambling. This is due to the risk involve in trading without thinking, and it considered the same as betting in gambling. The agreeing factor here is the unmitigated risk itself.

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Quote from: starboyshuvo on February 08, 2017, 09:54:30 AM

Yes if you don't know about analysis

No its not that. In the first place you will not think trading as gambling why , from its meaning in your own opinion trading is simply buy and sell right? Gambling younknow also the meaning the mistakes why these two becomes same is because of risk of investing .so technically no even you doesn't know its analysis .

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Yes if you don't know about analysis

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Quote from: crwth on February 08, 2017, 09:31:20 AM

Quote from: Mbah Slamet on February 08, 2017, 08:43:28 AM

I think trading is gambling, when everyone makes trading as main work and it turns out they lost, certainly it can we equate that trading is gambling. the other thing is because no one could accurately predicted that trading will be profit.

Unlike gambling, you could lose everything, but in trading, there's only a little chance where you could lose it all, it's a matter of study and research to be great at it. Learn from different books and resources in order to improve yourself in trading. It is like gambling because of the RISK factor, but not entirely the same.

Yeah you're right. There are a lot of factors that makes trading a lot more safer than gambling. I actually dont think that we can even consider these two to be the same. Well at first perhaps they're a bit similar when you don't have the feel for trading yet, but as time goes on and you gain experience, trading can be a constant source of side profit. That couldn't be the same as gambling though as there's no guarantee that you'll profit by playing. You even have a higher chance of losing money if you don't have the right attitude towards gambling

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Quote from: Mbah Slamet on February 08, 2017, 08:43:28 AM

I think trading is gambling, when everyone makes trading as main work and it turns out they lost, certainly it can we equate that trading is gambling. the other thing is because no one could accurately predicted that trading will be profit.

Unlike gambling, you could lose everything, but in trading, there's only a little chance where you could lose it all, it's a matter of study and research to be great at it. Learn from different books and resources in order to improve yourself in trading. It is like gambling because of the RISK factor, but not entirely the same.

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I think trading is gambling, when everyone makes trading as main work and it turns out they lost, certainly it can we equate that trading is gambling. the other thing is because no one could accurately predicted that trading will be profit.

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Quote from: RoommateAgreement on February 07, 2017, 11:33:13 PM

Quote from: ethereumhunter on February 07, 2017, 11:16:14 PM

Quote from: --DarkSecrets-- on February 07, 2017, 09:15:40 PM

Quote from: dylanc on February 07, 2017, 08:04:55 PM

I guess trading has a large element of skill and judgement, so it can be considered not gambling.

Yes ,but it has a big difference when it come by using skills ,and trading is not like gambling to use some analysis and skills only .It is needed a big patient and predicting some movements in the market to earn.

indeed and what happen in trading is could not be predicting as the market is move by demand and supply, but in gambling, we only need to place a bets, waiting for the result and win or lose. sometimes gambling need skills too but its only for specific games like sports betting and the other games is based on the luck.

you understood it completely upside down!
you can never predict anything as long as you are gambling, becasue there is not way of predicting anything in gambling which is a game of luck.
but in trading there are lots of way known as analysis to predict the market movement and how price of a commodity is going to change. and that alone is a pretty huge difference.

By looking at the percentage of success, you can tell that gamblers are not successful in gambling money than those who venture in trading. Trading is very risky and will lack of knowledge will result to gambling. I think there's no many traders are doing it, they would rather do gambling than just trade to predict the price without basis. In gambling it's fun even if you rely on luck but you cannot get the same fun in trading.

Topic: Can trading be considered as gambling?? - page 41. (Read 21308 times)