Can trading be considered as gambling?? - page 57.

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Quote from: stardustin on December 28, 2016, 05:30:36 AM

If you are trading on forex and etc it isn't gamblong to my mind but if you are trading on binary options, than this is gambling because it depends absolutely on luck and that's why many gambling website offers us that one.

Binary options is another type of gambling game. I know that trading and forex is requiring luck also, so if you are thinking that gambling is depending on luck. Then trading is good to be considered as gambling either. I believe that trading is the same as gambling also because it is giving almost the same risk as it is gives with gambling.

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Quote from: senyorito123 on December 28, 2016, 02:02:34 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?? 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.

It is not really a gambling, but a fair way to play with your money. Trading got some differences than gambling, trading is more on analysis, research based skills and prediction skills. While gambling depends on your luck where site is provable fair. Yes both of them requires investment but gambling is more risky 'coz you are just putting your money on a site that has a chance of running.

but i think in gambling there are also some format in which you can use your skill your experience and your prediction, like in sports gambling you can use your skill and experience for winning bets.

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Quote from: Virman01 on December 28, 2016, 05:26:48 AM

depending on the type of trade that you make. but in my opinion can not be considered gambling trade because trade is only the seller and the buyer so that his name no gambling in terms of trade.

It's not gambling because you can predict the price going up or down depending on the news coming up. If you have enough friends from different important political or economical positions, you're going to be able to predict things from a long time before they take place and others are noticed. That's how billionaires are buying and selling months before different news come up, affecting the prices a lot.

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In my view, the way of dealing in trading and gambling, many similarity have in them, But in fact, i read many threads about gambling and trading, than i always said that whenever i do trade and gambling, than i consider that both are same, because both are depend on luck. We wait for luck when we play gambling and when we do trading, And gambling and trading always give us one chance, if we miss it than it mean we have lose.

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If you are trading on forex and etc it isn't gamblong to my mind but if you are trading on binary options, than this is gambling because it depends absolutely on luck and that's why many gambling website offers us that one.

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depending on the type of trade that you make. but in my opinion can not be considered gambling trade because trade is only the seller and the buyer so that his name no gambling in terms of trade.

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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.

Yeah .. I think arbitrage betting is a classic example of trading, where we bet on a non favorite team and later on the favorite team and basically we trade odds in that. Trading also is similar as we buy and sell things in trading too.
While people who just bet because they "feel" they would win will always give loss in gambling and also in trading.

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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.

It is not really a gambling, but a fair way to play with your money. Trading got some differences than gambling, trading is more on analysis, research based skills and prediction skills. While gambling depends on your luck where site is provable fair. Yes both of them requires investment but gambling is more risky 'coz you are just putting your money on a site that has a chance of running.

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Quote from: michellee on December 27, 2016, 04:45:47 AM

Quote from: chris200x9 on December 27, 2016, 04:35:09 AM

Quote from: novemberwoah on December 27, 2016, 04:05:34 AM

If you trade using skill it can not be regarded as gambling, because we can get profit with certainty, with the skills that we have. The trading system basically requires analysis and trade management techniques, so it's not like gambling which only requires luck. But there is a kind of trade that I think belong to the gambling. It is a Binary Option. Binary options are trading but I tend to think of gambling as we only guess whether the price will go up or down, it's not like the trade in general.

Yup trading requires more knowledge and patience to make a profit. There is no comparison b/w trading and gambling both are totally different. The only thing risk is common in both cases. And slightly I agree that trading is also gambling in one point of the way. In both case, we put our money in risk. But the playing method and making profit process is different.

trading is different than gambling but if you do trading without having knowledge about trading then it same as gambling because you put your money into blind way and you don't have any clue with trading beside that you only risk your money to loss. only sports betting maybe that use knowledge when we want to make a bet.

I think trade without knowledge is not included into gambling. If trade without knowledge, including to gambling mean beginners who have no knowledge whatsoever and try to do the trade, including in gambling? I don't think so, because in the trade even without the knowledge but no bets so that is not included into gambling.

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Quote from: Botnake on December 25, 2016, 11:47:50 PM

Quote from: Golftech on December 25, 2016, 11:34:42 PM

Quote from: hajimasan on December 25, 2016, 11:07:38 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 Trading Can't Be Like Gambling Because I'm Trading If you have Knowledge and Experience About trading then you can Trade the Correct Coin and thus you can Double, Triple your Money and Aldo trading depends upon your Knowledge and Experience and Gambling Not Depends Upon your Knowledge and Experience

Thats the point mate if you dont have any idea about the trade that you playing with you are doing it like gambling waiting for your luck to come and hit the entry or exit point that you selected but if you have knowledge your point is correct you will able to hit bigger than what you expected its the fluctuation that will bring success.

Why would you still trade in the first place if you do not have the idea about it, you must ensure you have the full knowledge necessary before you start trading. It's best to gamble than trade without knowledge as in gambling when you are lucky you have all the chance to grow your money very fast but that does not happen in trading easily.

Actually trading is distinctly different from gambling when you have the appropriate knowledge and tools. Like some people trade on forex and make some serious profit while there is no gambler in my knowledge who makes profit on a regular basis.

While at the same time there are traders I know who just buy some shit coins and then say trading is useless.

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Quote from: katrimans on December 26, 2016, 01:41:18 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, because trading is basically buying assets (for example bitcoins ) at a cheap value and selling them at a higher price. While in gambling we are just risking and betting on a particular decision and then no way to make money from it if once lost. While in trading we can wait a little and then the price may hike to a higher value.

Trading actually give you opportunity to recover your lost, while in gambling once you lost your money there is no chance to recover it. In gambling if you want to recover your lost you have to put more money on risk and there is also a chance to lose the next money also that you put for recovery your previous lost.

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Every single action we make can be considered as gambling! Trading is just one form of gambling, I tries to point that more then once in my comments regarding this kind of topics. Trading is a game, good players always takes the best prizes, that is familiar. And all games are gambling, every choice means different outcome.

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Quote from: Blitzboy on December 27, 2016, 03:22:47 AM

Quote from: cjmoles on December 26, 2016, 09:40:33 PM

Yes....Trading is still gambling. Trading might not be a game of chance alone but it's still not an investment where everything is known and predictable. Trading does rely upon chance and when you invest in the markets it is a gamble. Poker too is the same in that respect. It's a game of incomplete information....although most of the game is easy to calculate, there is some information which is unknown and can only be surmised thru inductive reasoning. However, a skillful poker player can do well against less skilled players and skillful traders can do well against a less informed market.

No, trading is not gambling, trading is a job or it can be considered as a type of game. You can predict what will happen in trading by doing analysis and studying. Gambling is not always easy like that, most of the time, we depend on our luck and our luck decides when we will win the games.

If you think that trading is considered as a type of game then gambling is also considered as a type of game which does requires wager of money. So I guess they are just the same, if you are saying that way. And with analysis and studying, there are also gambling games that are requiring that, like in sports betting and poker.

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Quote from: chris200x9 on December 27, 2016, 04:35:09 AM

Quote from: novemberwoah on December 27, 2016, 04:05:34 AM

If you trade using skill it can not be regarded as gambling, because we can get profit with certainty, with the skills that we have. The trading system basically requires analysis and trade management techniques, so it's not like gambling which only requires luck. But there is a kind of trade that I think belong to the gambling. It is a Binary Option. Binary options are trading but I tend to think of gambling as we only guess whether the price will go up or down, it's not like the trade in general.

Yup trading requires more knowledge and patience to make a profit. There is no comparison b/w trading and gambling both are totally different. The only thing risk is common in both cases. And slightly I agree that trading is also gambling in one point of the way. In both case, we put our money in risk. But the playing method and making profit process is different.

trading is different than gambling but if you do trading without having knowledge about trading then it same as gambling because you put your money into blind way and you don't have any clue with trading beside that you only risk your money to loss. only sports betting maybe that use knowledge when we want to make a bet.

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Quote from: novemberwoah on December 27, 2016, 04:05:34 AM

If you trade using skill it can not be regarded as gambling, because we can get profit with certainty, with the skills that we have. The trading system basically requires analysis and trade management techniques, so it's not like gambling which only requires luck. But there is a kind of trade that I think belong to the gambling. It is a Binary Option. Binary options are trading but I tend to think of gambling as we only guess whether the price will go up or down, it's not like the trade in general.

Yup trading requires more knowledge and patience to make a profit. There is no comparison b/w trading and gambling both are totally different. The only thing risk is common in both cases. And slightly I agree that trading is also gambling in one point of the way. In both case, we put our money in risk. But the playing method and making profit process is different.

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If you trade using skill it can not be regarded as gambling, because we can get profit with certainty, with the skills that we have. The trading system basically requires analysis and trade management techniques, so it's not like gambling which only requires luck. But there is a kind of trade that I think belong to the gambling. It is a Binary Option. Binary options are trading but I tend to think of gambling as we only guess whether the price will go up or down, it's not like the trade in general.

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Quote from: jack1111 on December 25, 2016, 03:32:08 AM

I think these two practices are different from each other, because in gambling you put amount of money, and you might restore it with profit or you might lose it, while in trading you might win or lose without losing your whole money, so gambling is more dangerous than trading.

Yeah gambling is more dangerous and more addictive form of trading, but they are not really different from each other. Gambling is also profitable as some people think that gambling would always be a loss activity, no !

I have seen people making profits with gambling too, just they use their knowledge and analysis to the maximum possible extent.

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Quote from: cjmoles on December 26, 2016, 09:40:33 PM

Yes....Trading is still gambling. Trading might not be a game of chance alone but it's still not an investment where everything is known and predictable. Trading does rely upon chance and when you invest in the markets it is a gamble. Poker too is the same in that respect. It's a game of incomplete information....although most of the game is easy to calculate, there is some information which is unknown and can only be surmised thru inductive reasoning. However, a skillful poker player can do well against less skilled players and skillful traders can do well against a less informed market.

No, trading is not gambling, trading is a job or it can be considered as a type of game. You can predict what will happen in trading by doing analysis and studying. Gambling is not always easy like that, most of the time, we depend on our luck and our luck decides when we will win the games.

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Quote from: Caladonian on December 26, 2016, 07:59:27 AM

Quote from: densuj on December 26, 2016, 07:31:55 AM

Quote from: torry28 on December 26, 2016, 05:34:11 AM

Quote from: densuj on December 25, 2016, 11:54:50 PM

I have stopped gambling but still trade so does this mean I am still gambling??
Of course not, you are not in gambling because you have done buy and sell the coins, buy and sell is not betting.

Agreed. That is a big difference when you compare between gambling and trading.

Quote from: densuj on December 25, 2016, 11:54:50 PM

I don't trade on basis of luck I trade using my skills would it still be considered gambling??
Depend on your skills if you have made profits consistently from trading (amount of profit more high than lost in trading activity) it is mean you are not gambling, but if you can not get profit consistently you are in gambling.

Disagree. Even though you are an experienced trader/high skills trader, you can not make sure you will always get profit by consistently, because in trading it is depends from luck too. Trading is trading, no matter how big profit you get.

What i mean with profit consistently from trading is amount of profit more high than lost in trading activity, look at above, I have made it bold, You are right there are no people who can make sure will get profit consistently on every trading activity. But if your amount of profit more big than amount of lost, it will make your bitcoins increasing.

Thats right mate the amount of risk is lesser with trading since you can make deep study about the trade that yuo are working with as many of us here really looking for good opportunities as time passes by we always looking for new opportunity and as i look as well with trading just by understanding the flow earnings is just always there for us.

Yup, usually the traders just taking profit for 5% from capital trading, but it is consistently every month they always make profits for 5% from capital.
And for the risk on trading, they have clear rules how much Will doing cut lost, if the price against them or if their prediction of price is wrong. Everything had been calculated before entry to the market.

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Yes....Trading is still gambling. Trading might not be a game of chance alone but it's still not an investment where everything is known and predictable. Trading does rely upon chance and when you invest in the markets it is a gamble. Poker too is the same in that respect. It's a game of incomplete information....although most of the game is easy to calculate, there is some information which is unknown and can only be surmised thru inductive reasoning. However, a skillful poker player can do well against less skilled players and skillful traders can do well against a less informed market.

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