Topic: Can trading be likened to gambling and how so? - page 6. (Read 1229 times)
Trading and gambling have the same area of concentration because they both required money to start. They both shared the same risks and need decisive options in other to earn Profits. As for trading, one needs to pass through the normal process, which is to study and Know the different types of charts and how the entire Crypto market operates rather than just mere sitting down and guessing. Gambling involves only mere guess and luck, although some long time gamblers have their won experience and tactics they use in gambling.
Trading - is not gambling - it a self-explanatory and doesn't require luck but requires trading knowledge, skill, and strategies.
Gambling - is not trading as well - it needs luck, pure luck especially dice and card games
They both are risky, they need money, that is all I see their similarities but in regards to which one is profitable - trading is the answer. Ohh, don't get make yourselves confused as to no reason that trading can be like gambling.
Gambling - is not trading as well - it needs luck, pure luck especially dice and card games
They both are risky, they need money, that is all I see their similarities but in regards to which one is profitable - trading is the answer. Ohh, don't get make yourselves confused as to no reason that trading can be like gambling.
Trading and gambling are two different concepts which I see not to be the same, but thou they both involves risk taking, critical thinking, and experience but I still not see them to be the same. Trading involves giving an item in exchange for the other, which could be money or an asset while gambling involves prediction of a possible outcome of an event, which if it's true you wins but if false, you lose
The most basic difference between trading and gambling is in the control of money.If you gamble you deposit capital to bet and when you have placed a gambling position you lose control of your money entirely, where when you lose all the capital you deposited will disappear, but on the contrary if you win your capital can double.
If you trade, you deposit capital to bet, where you alone can determine whether you win or lose.
In trading you are in full control of your money, you decide when you want to sell or buy. because even if your trading is a loss, you will not lose all of the capital you deposited in the trade because the losses and profits are calculated based on the difference between the buying and selling prices which is a percentage of capital.
Gambling = No control after placing a position
Trading = Full control after placing a position
Tbf life itself can be compared to gambling 
Example:
For when we want to gamble, let say in sport football specifically, we look at certain criteria that aid us to a good bet, such as:
1> Head to Head
2> current form of the club and position on the table.
3> The strength of the opponent, etc.
Likewise in trading before we trade we look as certain measures such as:
1> Market trend and direction
2> The price level, market news and some other criteria too.
Now we all know that before going into trading or gambling its advisable to be emotionally stable and to involve a certain sum you're willing to risk etc, all these are similarities shared both in gambling and trading too.
With these few above I think a clear discussion can well surface to clear the air about a likelihood or not.
I personally feel gambling is entirely different from trading and can't be used interchangeably as gambling is pure luck while in trading you have to look at whole market and make strategies to move further and make profits.In gambling you place bet and rest depends on outcome while in trading you choose the coin and money you want to invest on and you can make profits out of them.So this is my approach but it could be different from others.
Trading may end up like gambling if the trader alone also thinks that way, and that he can’t be sure of what he’s really into so he considers trading like gambling. Although it’s way too different for us who are into gambling and trading at the same time, but for some who are still newbies both in trading and gambling, it’s not surprising that their views on them will be somehow confusing. But one thing is certain, trading guarantees more profits if you also trade with knowledge and positive experiences. And you make use of your proven strategies to gain and win.
Well, it is true that it depends on how to trade and how the knowledge of a trader. If he has sufficient knowledge and trade using a good strategy, it won't lead to a gambling result (success opportunity 50:50). I mean the chance to succeed in trading can be higher if a trader knows well how to trade properly. While in gambling, commonly the chance to win is always 50:50 because success is based on luck. However, if a trader uses a haphazard way in trading, the success opportunity probably will be the same as gambling.
~sniff~
Yes trading can be compared to gambling when you are trading futures. Because there the trader has to do hedging and speculation and I think it almost falls into the queue of gambling. In this case, if also a trading done without any good knowledge and analysis, it is also considered as a gambling for me, moreover if we are trading or investing in new project in which we don't exactly know if they are really legit or not in the future
Trading (can be the same with investing) being gambling or not will completely depend on the person if he/she is actually making informed decisions or are just going at it haphazardly. Trading is obviously far closer to gambling though, due to short-term movements being A LOT more unpredictable.
Trading may end up like gambling if the trader alone also thinks that way, and that he can’t be sure of what he’s really into so he considers trading like gambling. Although it’s way too different for us who are into gambling and trading at the same time, but for some who are still newbies both in trading and gambling, it’s not surprising that their views on them will be somehow confusing. But one thing is certain, trading guarantees more profits if you also trade with knowledge and positive experiences. And you make use of your proven strategies to gain and win. 
Trading and gambling may somewhat be alike because both share risks. However, with trading, your profits rely solely on how you trade using your strategies and skills, if you are a pro trader, the outcome will have more chances to be on your favor. While in gambling, whether in sports betting, slots or lottery, there will always be chance based or luck. And the fact that you're gambling, its mostly the house that takes an edge and wins over the players. Trading may most likely to fall in gambling when you trade without bases and predictions, because in gambling you can't predict anything, everything are just driven by chances or luck. And this is one thing that pro traders should have to avoid to prevent unexpected losses.
Gambling is against a casino, it’s designed to make you lose money, trading is not designed to make you lose money, it's designed to make you learn how to trade so you could profit from it. This is why I highly suggest people to be careful about trading, but they shouldn't be scared that they would constantly lose.Additionally, when you are gambling regular house games like dice or slots, you will guaranteed to lose after even years of gambling. Whereas when you are trading if you do that for many years then you will get better and you will be profiting a lot more. This is why I have to say that trading is nothing like gambling and those two are very very different.
I don't know how people compare trading as gambling . I don't think it could be because where you are going to gamble there have two chance one is win on the other hand loose the ath at once. And in trading there you are not gonna loose the whole thing at once like gamble here your investment value will be low when market is dumping and it can be recover waiting after a certain time when market again pump. So I think those two things couldn't the same
~sniff~
Yes trading can be compared to gambling when you are trading futures. Because there the trader has to do hedging and speculation and I think it almost falls into the queue of gambling. Also, I can't compare normal trading with gambling because it won't loss the whole investment in once, maybe the price will decrease compared to stable coins for bearish markets. On the others hand when you will going for gambling then you have to chances to loss the whole investment in once. So normal trading will never be called gambling
As for me, trading and gambling are far different and we no longer compared them or even argue about them. Note that in gambling we only have a very slim win but in trading, we can possibly get more and our chance is high especially if you have a deep knowledge about this.
Your words are completely correct, of course, trading and gambling are completely different, I meant my words only some people, these are gambles trading in a gambling way buying a coin without any study or analysis and waiting for their luck just like gambling either profit or either a loss, this method of trading is definitely wrong but the gamblers do not care very much because they are used to losing money.
Some people trade in a way that is just like gambling, they buy a coin randomly without any study or analysis and wait for a stroke of luck maybe the coin will rise, this is very similar to gambling.
As for me, trading and gambling are far different and we no longer compared them or even argue about them. Note that in gambling we only have a very slim win but in trading, we can possibly get more and our chance is high especially if you have a deep knowledge about this.
I don't think trading is the same as gambling, since for gambling you always have only two outcomes. A: You loose 100% B: You win a specific amount. With trading you can "loose" and it could be 1% or 7% or 100% and you can win 1%, 5% or 50000%. So with trading you can still after placing the trade decide how to handle your profits and losses. With gambling after you set your bet there is only luck that decides what your return will be.
Gambling can be likened to trading in one way, and it cannot be likened from another, gambling depends entirely on luck, while trading depends on luck sometimes only. The direction of prices, but sometimes a sudden event happens that changes all these factors in a completely different direction, in this case it can be similar to gambling.
Some people trade in a way that is just like gambling, they buy a coin randomly without any study or analysis and wait for a stroke of luck maybe the coin will rise, this is very similar to gambling.
Some people trade in a way that is just like gambling, they buy a coin randomly without any study or analysis and wait for a stroke of luck maybe the coin will rise, this is very similar to gambling.
Gambling can be broadly divided into EV+ and EV- where the first group needs skills on part of the player therefore skills+luck based and the second is fully luck based.
The easier to play one is the second one and also the more losses there will be. EV+ games needs skills and newbie gamblers who just came in for the rush dont go for them.
Good examples of EV- games are dice, slots, Margin and Futures etc. while Sportbetting, Spot trading come under EV+
To be a good spot trader, you need to observe charts, do a lot of dummy trading and then place orders. Similar in sport betting, where you need to research on the team and their fitness, outcomes from previous games etc.
Any activity can be classified as having positive expected value or negative expected value. So it boils down to what risk you are willing to take. You take the long, toiling route you will likely make some profit while the easy and fun route is full of losses.
The easier to play one is the second one and also the more losses there will be. EV+ games needs skills and newbie gamblers who just came in for the rush dont go for them.
Good examples of EV- games are dice, slots, Margin and Futures etc. while Sportbetting, Spot trading come under EV+
To be a good spot trader, you need to observe charts, do a lot of dummy trading and then place orders. Similar in sport betting, where you need to research on the team and their fitness, outcomes from previous games etc.
Any activity can be classified as having positive expected value or negative expected value. So it boils down to what risk you are willing to take. You take the long, toiling route you will likely make some profit while the easy and fun route is full of losses.
Trading and gambling are two different concepts which I see not to be the same, but thou they both involves risk taking, critical thinking, and experience but I still not see them to be the same. Trading involves giving an item in exchange for the other, which could be money or an asset while gambling involves prediction of a possible outcome of an event, which if it's true you wins but if false, you lose
Yes ,Trading all most fall in same category with gambling and a trader is regarded as a gambler, in the sense that it involves two parties money the seller and the buyer come together to predict the future price of an asset and gambling also involves same kind of process of prediction, but their is a bit difference between the two,
In trading there is an opportunity for free entry and free exit in the market for adjustment etc ( i.e more of control) , whereas for gambling it's not so, once you've had your bet staked, likely you do not make changes of your stake after some minutes and have control over it.
In trading there is an opportunity for free entry and free exit in the market for adjustment etc ( i.e more of control) , whereas for gambling it's not so, once you've had your bet staked, likely you do not make changes of your stake after some minutes and have control over it.
Not really sure where to drop this thread since it's a compendium of gambling and trading as it seeks to make clearer a blur end.
Which is.
Like the game of chance gambling. Can trading in anyway be likened to gambling and how so?
But before you delve in for contributions, let me throw some light below for a better understanding of the idea behind the thread.
Example:
For when we want to gamble, let say in sport football specifically, we look at certain criteria that aid us to a good bet, such as:
1> Head to Head
2> current form of the club and position on the table.
3> The strength of the opponent, etc.
Likewise in trading before we trade we look as certain measures such as:
1> Market trend and direction
2> The price level, market news and some other criteria too.
Now we all know that before going into trading or gambling its advisable to be emotionally stable and to involve a certain sum you're willing to risk etc, all these are similarities shared both in gambling and trading too.
With these few above I think a clear discussion can well surface to clear the air about a likelihood or not.
Which is.
Like the game of chance gambling. Can trading in anyway be likened to gambling and how so?
But before you delve in for contributions, let me throw some light below for a better understanding of the idea behind the thread.
Example:
For when we want to gamble, let say in sport football specifically, we look at certain criteria that aid us to a good bet, such as:
1> Head to Head
2> current form of the club and position on the table.
3> The strength of the opponent, etc.
Likewise in trading before we trade we look as certain measures such as:
1> Market trend and direction
2> The price level, market news and some other criteria too.
Now we all know that before going into trading or gambling its advisable to be emotionally stable and to involve a certain sum you're willing to risk etc, all these are similarities shared both in gambling and trading too.
With these few above I think a clear discussion can well surface to clear the air about a likelihood or not.
You know that in gambling, we really need our emotions, we should not be sensitive to whatever happens while we are playing in a casino, now in cryptocurrency trading, our emotions or feelings cannot be excluded because without them, neither can we. our trading can be done well.
Therefore, the only similarity of Trading to Gambling is the use of our emotions or
feelings but they are very different from each other and not really the same.
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