Can trading be considered as gambling?? - page 46.

Oralmat

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Quote from: RealPhotoshoper on January 31, 2017, 02:31:54 PM

Quote from: olubams on January 31, 2017, 03:14:52 AM

For me I will say it depends on who is playing both. For someone who is coming into trading fresh without any knowledge or background analysis of the right coin to go for, I will say its absolutely no other thing than pure gambling but same will not be said as someone who is versatile in the art of trading then that person cannot be said to be gambling...

in sportsbetting you need to have a knowledge and some analysis skills too.
so when you do trade , choose to bet on certain coin and hoping for profit , is it not called gambling?
trading and gambling is a very similar thing , i sometimes cannot mark off whether it is trading or just another gambling game?

But for me, trading and gambling similar on luck wise, when we wait for luck in gambling, So same like in trading, if we have luck than suddenly we gain big profit from our coins. Otherwise also i think both give us one chance, like in gambling one bet decide we win or not, and in trading if we miss one chance than its mean we have lost.

RealPhotoshoper

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Quote from: olubams on January 31, 2017, 03:14:52 AM

For me I will say it depends on who is playing both. For someone who is coming into trading fresh without any knowledge or background analysis of the right coin to go for, I will say its absolutely no other thing than pure gambling but same will not be said as someone who is versatile in the art of trading then that person cannot be said to be gambling...

in sportsbetting you need to have a knowledge and some analysis skills too.
so when you do trade , choose to bet on certain coin and hoping for profit , is it not called gambling?
trading and gambling is a very similar thing , i sometimes cannot mark off whether it is trading or just another gambling game?

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As many things where the answer is not clear it depends. The personality of everyone is the main feature here. If all time you are living with risk without to think that from time to time you can lose everything then yes it is like gambling. If you are addicted and you trade every day, any time, anything you see without to do any research, to read, to ask, regardless of the consequences and you believe only to goddess luck then yes it's like gambling. On the other side if you try to grow your skills and your knowledge, ten times think and one act, you dig deep and you have a good feeling then this is, imo, trading and you probably will be a successful one.

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Quote from: olubams on January 31, 2017, 03:14:52 AM

For me I will say it depends on who is playing both. For someone who is coming into trading fresh without any knowledge or background analysis of the right coin to go for, I will say its absolutely no other thing than pure gambling but same will not be said as someone who is versatile in the art of trading then that person cannot be said to be gambling...

Yeah you got that on point dude. Trading with the right knowledge and experience actually gives you a very high chance, almost certainty of earning. It may be little at times but definitely you'll earn. In contrast to gambling where most of the time it doesnt matter whether you're experienced or not, your chances would be the same, well for most gambling games that is.

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Quote from: serjent05 on January 31, 2017, 02:34:38 AM

Quote from: --DarkSecrets-- on January 31, 2017, 01:54:15 AM

Definetly Not ,although they are same in risking money but it have a big differential systems on how can we earn and its needed skills to earn profits . Gambling is an easy money easy lose and not requires a pro skills to earn it needs more luck than a trading which is a both and longterm to earn profits and needs analyzation and patience .

Lol his is the common misconception about gambling and the reason why many have lost a lot of money while same person or player keep on winning on gambling. Gambling does need a skill, but a different set than trading and this is the indication why Trading is different from gambling depend on the person doing trading, Professional traders doing trade is not gambling.

I do pinpoint there is gambling not needs a pro skills because it requires more based on luck games it varies on a game skills or luck or both .In trading it doesnt needs to be a pro trader as long as you can go with the market you know the basics and soon if you correct your mistakes and do trade with good profits soon to be a pro trader .

olubams

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For me I will say it depends on who is playing both. For someone who is coming into trading fresh without any knowledge or background analysis of the right coin to go for, I will say its absolutely no other thing than pure gambling but same will not be said as someone who is versatile in the art of trading then that person cannot be said to be gambling...

Juggy777

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That's a interesting question op. Normally I feel there is a very thin line that would differentiate between trading and gambling. So I feel that if one person trades on luck and just to make money, plays a bet for profits is called a gambler. But if some one understands what stocks are, what kind of industry he is getting into and trades for long term is called a trader. However we often get lost in this line, so be careful for the time being you are not a gambler, just stick to this ans trade wisely.

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Quote from: --DarkSecrets-- on January 31, 2017, 01:54:15 AM

Definetly Not ,although they are same in risking money but it have a big differential systems on how can we earn and its needed skills to earn profits . Gambling is an easy money easy lose and not requires a pro skills to earn it needs more luck than a trading which is a both and longterm to earn profits and needs analyzation and patience .

Lol his is the common misconception about gambling and the reason why many have lost a lot of money while same person or player keep on winning on gambling. Gambling does need a skill, but a different set than trading and this is the indication why Trading is different from gambling depend on the person doing trading, Professional traders doing trade is not gambling.

--DarkSecrets--

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Definetly Not ,although they are same in risking money but it have a big differential systems on how can we earn and its needed skills to earn profits . Gambling is an easy money easy lose and not requires a pro skills to earn it needs more luck than a trading which is a both and longterm to earn profits and needs analyzation and patience .

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Quote from: daringdiscovered on January 30, 2017, 05:07:37 AM

Quote from: HaXX0R1337 on January 29, 2017, 02:55:43 PM

Quote from: dihari on January 29, 2017, 09:41:56 AM

Trading and gambling is not same way to earn money. It is same when you rely on your luck to trade or gamble.
You need to have lot of knowledge about market to start your first move on trading. From fundamental analytics to technical analytics.
In gambling, you just need to watch and record the pattern of games that you play and believe to make a nice bet.
So trading is not considered as gambling.

It is really difficult to understand the patterns when it comes to gambling and i can say that there is no patterns at all ,you can win some if you are lucky enough and that is it but when it comes to trading if you follow the news regularly and if you are able to purchase the coins at a reasonable price you can make profits.

In terms of risk, gambling and trading are same. But if we talk about the chance of earning profit from it is very different. In gambling the chance of winning is always 50/50. But in trading there are many factors that can help you to make a successful trade. If you have some good skills in it, you can even make a living from trading.

Problem solved. The most prominent difference of trading and gambling is on skills. Trading required your skills to predict the price will go down or raising. But in gambling, you just need the fund to place some bet and intuition.

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Quote from: Fredomago on January 30, 2017, 08:15:19 PM

Quote from: The_Dark_Knight on January 30, 2017, 07:53:33 PM

Quote from: nikona on January 27, 2017, 09:01:55 AM

Quote from: conected on January 27, 2017, 08:56:04 AM

- Gambling and investing are two different fields, but both have some similarities
- However, gambling is gambling, trading is trading. Because in trading we can make money based on the skills, experience, analysis, and a little luck
- But We can not make money from gambling. Gambling depends on luck, and very risky

Both require those qualities that you have mentioned but just the percentage of the composition of it changes slightly. Gambling is a lot more luck but experience, analysis and skill are also a part of it. In sports betting they all come in handy and in dice too.

I agree that in sports betting analysis and experience can be used to actually make profit out of that method of gambling but I disagree with your comment on dice, there is no way to predict what is going to happen in dice since it is a game where luck is the only factor.

well its really require good assessment in trading a lots of skill in order to analyze which project is going to be big while in gambling you can also try to use strategy to earn but without luck chances is really small, better to use your time to deal with trading just keep yourself updated with the project that you are into in order to make sure you are in good hands.

Gambling may look easy but very confusing in the long run, you will later found out that some games are rigged especially in sports betting. When you are in trading, you will learn in the long run while in gambling you will lose in the long run, that is the big difference I guess.

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Quote from: The_Dark_Knight on January 30, 2017, 07:53:33 PM

Quote from: nikona on January 27, 2017, 09:01:55 AM

Quote from: conected on January 27, 2017, 08:56:04 AM

- Gambling and investing are two different fields, but both have some similarities
- However, gambling is gambling, trading is trading. Because in trading we can make money based on the skills, experience, analysis, and a little luck
- But We can not make money from gambling. Gambling depends on luck, and very risky

Both require those qualities that you have mentioned but just the percentage of the composition of it changes slightly. Gambling is a lot more luck but experience, analysis and skill are also a part of it. In sports betting they all come in handy and in dice too.

I agree that in sports betting analysis and experience can be used to actually make profit out of that method of gambling but I disagree with your comment on dice, there is no way to predict what is going to happen in dice since it is a game where luck is the only factor.

well its really require good assessment in trading a lots of skill in order to analyze which project is going to be big while in gambling you can also try to use strategy to earn but without luck chances is really small, better to use your time to deal with trading just keep yourself updated with the project that you are into in order to make sure you are in good hands.

The_Dark_Knight

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Quote from: nikona on January 27, 2017, 09:01:55 AM

Quote from: conected on January 27, 2017, 08:56:04 AM

- Gambling and investing are two different fields, but both have some similarities
- However, gambling is gambling, trading is trading. Because in trading we can make money based on the skills, experience, analysis, and a little luck
- But We can not make money from gambling. Gambling depends on luck, and very risky

Both require those qualities that you have mentioned but just the percentage of the composition of it changes slightly. Gambling is a lot more luck but experience, analysis and skill are also a part of it. In sports betting they all come in handy and in dice too.

I agree that in sports betting analysis and experience can be used to actually make profit out of that method of gambling but I disagree with your comment on dice, there is no way to predict what is going to happen in dice since it is a game where luck is the only factor.

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Quote from: Apriand on January 30, 2017, 08:15:32 AM

Quote from: xuan87 on January 30, 2017, 07:47:14 AM

Trading and gambling is different, when you do trading you used you skill and knowledge to predict the price movement, so if you know how to predict this you can earn profit or at least you won't lost all of your money at once, in gambling you only rely on your luck, the control is not in your hand so it is more dangerous and it got more risk

Yes, you right gambling and trading is different if we have knowledge about how trading work. But in altcoin trading ( of course if you trading btc/alts) is very different, there is pump and dump coins and almost impossible to predict. Then profit or lose only denpend on luck, so too many people doing trading just like gambling.

no doubt about this that gambling and trading are different from each other. as gambling mostly depend on our luck, but trading always need proper setup, proper arrangement and proper knowledge, and i think if a person do not have any knowledge, experience or skill in trading then for him here is no difference between gambling and trading.

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It depends on what decisions you make while trading.

If you randomly choose the objects to trade on, you can consider it as gambling, as either ways it is totally random and you have no clue on what you are doing.
But if you are basing your trades on some info, then you can not call that gambling

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Quote from: xuan87 on January 30, 2017, 07:47:14 AM

Trading and gambling is different, when you do trading you used you skill and knowledge to predict the price movement, so if you know how to predict this you can earn profit or at least you won't lost all of your money at once, in gambling you only rely on your luck, the control is not in your hand so it is more dangerous and it got more risk

Yes, you right gambling and trading is different if we have knowledge about how trading work. But in altcoin trading ( of course if you trading btc/alts) is very different, there is pump and dump coins and almost impossible to predict. Then profit or lose only denpend on luck, so too many people doing trading just like gambling.

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Quote from: xuan87 on January 30, 2017, 07:47:14 AM

if you know how to predict this you can earn profit or at least you won't lost all of your money at once, in gambling you only rely on your luck, the control is not in your hand so it is more dangerous and it got more risk

In both gambling and trading, if you are capable of predicting your future then you will be able to make huge amount of money in fraction of seconds and there will be no chances for losing any of them.

Similarly, in trading also if you are lucky, you can avoid losses and will get chances to make more profits.

That is the reason, some people are considering trading is also a type of gambling.

xuan87

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Trading and gambling is different, when you do trading you used you skill and knowledge to predict the price movement, so if you know how to predict this you can earn profit or at least you won't lost all of your money at once, in gambling you only rely on your luck, the control is not in your hand so it is more dangerous and it got more risk

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Quote from: carlfebz2 on January 30, 2017, 05:39:26 AM

Quote from: roadbits on January 30, 2017, 05:30:36 AM

Quote from: dEjAvU97 on January 30, 2017, 05:22:45 AM

It seems so, I initially thought that pure trading requires analysis, so that if we master the analysis then we would get the victory, but once I master the trading and try trading, it turns out my guess was wrong, so I say that trading equals gambling.

Trading is not exactly gambling, but some similarities are there, To gamble we need investment and to play skill game we need knowledge and to win we need luck, In Trading also same but without having proper knowledge we can not make a profit in trading, But in gambling, it is possible in slot games. And Trading is not purely depended on luck, but gambling without luck we can not make a profit.

Gambling do really needs luck for you to make profits most of the time but in trading it does really need luck too but not too much compared to gambling and your main weapon here on doing trading is your skills and knowledge on it because this thing will help you on your career.

on other basis i think trading also needs luck since if your doing an arbitrage trading and see those quick pump and dump coin and luckily you've earned a x3 or even x4 a profit for that instance will be also called luck but this event is rare and usually not happening on towards us if we are not a full time trader,

morgand

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No, there are some different between gambling and trading.
The differences is gambling risking your money when you put it into bet. Consider its gone when you place it.
And trading is risking your money to buy something, and you can pray the something you just buy price will go higher in the future, and you can sell it again with profit.

Topic: Can trading be considered as gambling?? - page 46. (Read 21322 times)