Can trading be considered as gambling?? - page 58.

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Quote from: bhadz on December 26, 2016, 01:55:25 AM

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 sill 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.

Because he is just aiming to get some good profit but I guess trading is considered gambling when it comes to the risk but the way you are going to make profit with trading that's totally different with gambling's way. And besides gambling is a way to have fun but trading is being considered as one of unstable profession depending on how you are going to make yourself good at it.

I don't agree with what you said about risk involved in trading and gambling. First you must know that they have different environment. Different environment don't have the same risk. Same level of risk maybe, but, that is one of the reason why trading is not the same as gambling. Trading risk can be controlled while the risk of losing in betting in a gambling game cannot be controlled. That is the deciding factor why Trading is not Gambling.

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Quote from: nasipadang on December 26, 2016, 08:11:35 PM

i think not same, trading you must understand the basics of the trade like buy in low price sell in high price, it's clearly different from the gambling

That it true but if you do a day trading even with knowledge then considered as gambling. Because no one can predict very accurately the prices for the short term so one shouldn't go for the short term trading and can lose a lot of money like in gambling. Another wise both are different.

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i think not same, trading you must understand the basics of the trade like buy in low price sell in high price, it's clearly different from the gambling

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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.

But what kind of skills in trading do you have? Would you consider yourself a good trader? If you do, why did you post this thread?

Maybe your "skills" are not as good as you think. So you may think you are not gambling by trading, what I would assume are altcoins, then yes you are gambling. Altcoins are the biggest gamble of all if you view it from a different perspective.

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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

Well, I disagree a bit because in gambling also you can use your brain and experience and see the past results of the team you are betting at. I guess gambling is just a more risky sort of trading where you lose all at once, but in trading you can sell the coins you bought, in case of alt coins trading, at a cheaper value and hence settle at a lower loss.

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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.

yes in trading if the price goes down you can even hold the product for months so that the price can reach to its previous position and then sell it, while in gambling you can only recover your money if you bet with new investment otherwise there is no chance of recovering your previous money.

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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, 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.

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Yes but trading has low risk than gambling in some dice sites or online casinos. In trading you can minimize the risks of losing based on your trading strategy. Unlike in gambling, there is the house which makes it difficult for you to win and earn some profit. But profit in trading takes some time unlike in gambling.

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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

I agree with you . the point when we wish to get money quickly then play gambling. and when we wish to try to gain more money, with some consideration then choose trading. every job has its advantages and disadvantages of each.

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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.

yes not only gambling but trading also need your good luck, if you are lucky in trading then you can surely make good profit. but if you are not lucky even though you have a good experience in trading and even if you have a good skills in trading even then you cannot make money in trading, so luck is also play important role in trading also.

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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.

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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.

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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.

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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 sill 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.

Because he is just aiming to get some good profit but I guess trading is considered gambling when it comes to the risk but the way you are going to make profit with trading that's totally different with gambling's way. And besides gambling is a way to have fun but trading is being considered as one of unstable profession depending on how you are going to make yourself good at it.

densuj

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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.

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.
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.

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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.

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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.

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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 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

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Quote from: serjent05 on December 25, 2016, 05:36:47 PM

Quote from: raaajlucky on December 25, 2016, 05:00:34 AM

Quote from: dishku on December 25, 2016, 04:38:58 AM

Nah, there is visible difference between trading and gambling. Gambling where house prevails at large though a very small number of people still succeed to make some money. Trading is the area where many indicators can be gotten through various tools to understand the trends and markets. Risk is in both but gambling is not better in no way than trading.

Yup the risk is same in both method, but the success rate is bit high in trading. In gambling, very few people can success those who are lucky they will make a profit and the remaining players will end with the loss. But I trading the success rate is bit high if you know the market and you know the right place to trade you will make a good profit. So trading is a better choice.

I think risk is different between gambling and trading. It does not matter how many succeed or failed in each category. What matters is the factors that can mitigate or nullify the risk involved in each ventures. We all know that in trading, there is this risk management that can be applied to lessen or nullify the risk involved in trading investment. Another thing with trading is the outside factors that can affect the trend of price of the trading stocls. Traders can then study this factor and successfully predict the movement of the market. While, gambling solely rely on its system setup. No outside factor can change the result.

You can argue with sports betting here but the fact that when your team lose, you lose all your bet, unlike in trading you can lessen your lost by simply selling your stocks at a lower price. In trading, you can recover parts of your investment when the trades is unsuccessful while in gambling in every roll, it is always lose all your bet or double it (almost).

Yeah, the main problem is indeed a risk in everything that we do or will use. For all the risks that cannot be eliminated make something mandatory to find the solution, so everything we will do either trading or gambling then we have to find solutions to all of the risks inside. And all the things we are going to get after using or doing those things is dependent on how we minimise the risk

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Quote from: raaajlucky on December 25, 2016, 05:00:34 AM

Quote from: dishku on December 25, 2016, 04:38:58 AM

Nah, there is visible difference between trading and gambling. Gambling where house prevails at large though a very small number of people still succeed to make some money. Trading is the area where many indicators can be gotten through various tools to understand the trends and markets. Risk is in both but gambling is not better in no way than trading.

Yup the risk is same in both method, but the success rate is bit high in trading. In gambling, very few people can success those who are lucky they will make a profit and the remaining players will end with the loss. But I trading the success rate is bit high if you know the market and you know the right place to trade you will make a good profit. So trading is a better choice.

I think risk is different between gambling and trading. It does not matter how many succeed or failed in each category. What matters is the factors that can mitigate or nullify the risk involved in each ventures. We all know that in trading, there is this risk management that can be applied to lessen or nullify the risk involved in trading investment. Another thing with trading is the outside factors that can affect the trend of price of the trading stocls. Traders can then study this factor and successfully predict the movement of the market. While, gambling solely rely on its system setup. No outside factor can change the result.

You can argue with sports betting here but the fact that when your team lose, you lose all your bet, unlike in trading you can lessen your lost by simply selling your stocks at a lower price. In trading, you can recover parts of your investment when the trades is unsuccessful while in gambling in every roll, it is always lose all your bet or double it (almost).

Topic: Can trading be considered as gambling?? - page 58. (Read 21327 times)