Topic: Combination of gambling and trading (Read 872 times)
I appreciate all the replies and suggestions, as human it’s difficult to be multi tasking so I guess I should just focus more on one thing rather than combining the two. am locking the thread now to avoid turning into spamming mega thread.
I agree with you, gambling is not for everyone, the same thing apply to trading. First, you have to discover the one you are good at, and then focus mainly of it, I mean building yourself with enough information about it.
Either gambling or trading is not for everyone, it doesn't mean we should not limit ourselves to work only one.
OP does not really have a problem with trading and gambling. The problem is him as he has lots of loads to carry at the same time. It's not just trading and gambling but there are other things that OP is working on and the result in his mental health is not good.
OP needs to allocate his time properly and don't pressure to make a winning.
yup! proper balance OP needs to adjust and divide his time in the right way. It's not good and healthy if he will go ahead and continue working with this kind of activities,
He's dealing with his money and without proper management he can lose it within the split of an eyes, he needs to take some break,
or better to try taking something that may divert his attention and relax for a while.
He can continue and start this business once he already have a fresh mind to take full responsibilities again.
I agree with you, gambling is not for everyone, the same thing apply to trading. First, you have to discover the one you are good at, and then focus mainly of it, I mean building yourself with enough information about it.
Either gambling or trading is not for everyone, it doesn't mean we should not limit ourselves to work only one.
OP does not really have a problem with trading and gambling. The problem is him as he has lots of loads to carry at the same time. It's not just trading and gambling but there are other things that OP is working on and the result in his mental health is not good.
OP needs to allocate his time properly and don't pressure to make a winning.
There are traders who adding the element of gambling in trading. but more commonly called speculative. and speculative trading is assisted by elements of reading chart make analysis and trading style of each person, so its like predictions and speculations emerge. So far the people I know who do things like that understand the basics of reading charts in trading. but yes its similiar to gambling but i think its quite different.
Well, trading without knowledge can be considered similar to gambling and gambling with knowledge like sports betting, can be considered as trading. There are traders who buy any coin and just sell them randomly based on their emotions and gut feeling which is nothing but gambling whereas, there are gamblers who read charts and everything and bet on things like will the market go up and down in the next 30 mins or 6 hours.It all depends on what suits us and there is no harm in being called a gambler or trader. As long as you are earning money by doing what you are best at, you are good to continue doing it.
lately i have been stressed off and depressed because of lack of sleep, i just got my hand on so many thing and among those is trading and gambling this two activities requires lots of research and hard work which is time consuming, and am beginning to feel that am over doing it.
is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
You shouldn't push yourself too hard, it will only spoil your focus and distract you when gambling or trading. i don't know if there is a site that provides what you are looking for, but you better focus on doing one, not both. is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
Both trading and gambling are not for everybody but you need to first understand which one of the two that best suit you, develop your knowledge in understanding the concept of both gambling and trading because these activities have ruined the relationship of a lot of people and also led them to the debt they can't pay in 2years. However, gambling is not something you ought to be doing every day to avoid addiction.
I agree with you, gambling is not for everyone, the same thing apply to trading. First, you have to discover the one you are good at, and then focus mainly of it, I mean building yourself with enough information about it. Gambling everyday will not only result to getting addicted, but might also leads to Financial difficulties. Also, Daily Trading is stressful, and one can quickly lose a lot of money. One indeed have to choose which one suits him/her.
In my opinion, you can surely combine these two, things but if you are not used to combining any trading with gambling maybe it is time to focus on only one thing, for me if you would focus on only one trading is what I can think of that has small risk than gambling, But for me gambling with Sportsbet's and trading is a great thing to do, For me, Sportsbet's can have a lesser risk if you know the potential of a fighter, Team, or player you are betting, and with trading, trade with the coins that always have a good potential so always Do your own research.
Combining the both might be pretty cool too to some people,but to some persons,it will be like working and after working,one throws the income away.I mean that combining the two won't be cool for me because we all know gambling sucks,if I'm gambling,there is no need to trade,and if I'm trading,I don't need to gamble to avoid wastage of money.I don't like to trade because I have a steady job and I also don't have any trading skills, and I also like to gamble sometimes and just for fun with small capital and to relieve fatigue during work and that is also very rare.
And if I had to choose, I wouldn't choose both as a reliable activity except just for fun I love playing gambling.
In my opinion, you can surely combine these two, things but if you are not used to combining any trading with gambling maybe it is time to focus on only one thing, for me if you would focus on only one trading is what I can think of that has small risk than gambling, But for me gambling with Sportsbet's and trading is a great thing to do, For me, Sportsbet's can have a lesser risk if you know the potential of a fighter, Team, or player you are betting, and with trading, trade with the coins that always have a good potential so always Do your own research.
Combining the both might be pretty cool too to some people,but to some persons,it will be like working and after working,one throws the income away.I mean that combining the two won't be cool for me because we all know gambling sucks,if I'm gambling,there is no need to trade,and if I'm trading,I don't need to gamble to avoid wastage of money. 
In my opinion, you can surely combine these two, things but if you are not used to combining any trading with gambling maybe it is time to focus on only one thing, for me if you would focus on only one trading is what I can think of that has small risk than gambling, But for me gambling with Sportsbet's and trading is a great thing to do, For me, Sportsbet's can have a lesser risk if you know the potential of a fighter, Team, or player you are betting, and with trading, trade with the coins that always have a good potential so always Do your own research.
Trading & Gambling are not the same...
Both have their own purposes and needs...
For Gambling time & money doesn't matter, some low-earned people gamble over 18 hours in a day without having any problem.
Gambling isn't a problem until you force it to make problems in your life.
Now come why & when a person becomes a problem gambler
1) wanna become nouveau riche, 50% of problem gamblers want to be rich in a short-cut way.
2) Passed a stressful day and wanna become relax, people often do gamble after doing physical hard work.
3) wanna become social, some people want to be more authoritarian in their neighborhood and gamble frequently to express their ability.
4) Overconfidence & Excitement, overconfidence & excitement are lying behind to become problem gamblers.
5) To forget the coming problems/fault, people do excess gamble to stay away from their Family chaos/needs.
6) Loneliness & monotony, People become problem gamblers when they are frustrated and indifferent about life.
Find out your one and solve one by one...
Both have their own purposes and needs...
For Gambling time & money doesn't matter, some low-earned people gamble over 18 hours in a day without having any problem.
Gambling isn't a problem until you force it to make problems in your life.
Now come why & when a person becomes a problem gambler
1) wanna become nouveau riche, 50% of problem gamblers want to be rich in a short-cut way.
2) Passed a stressful day and wanna become relax, people often do gamble after doing physical hard work.
3) wanna become social, some people want to be more authoritarian in their neighborhood and gamble frequently to express their ability.
4) Overconfidence & Excitement, overconfidence & excitement are lying behind to become problem gamblers.
5) To forget the coming problems/fault, people do excess gamble to stay away from their Family chaos/needs.
6) Loneliness & monotony, People become problem gamblers when they are frustrated and indifferent about life.
Find out your one and solve one by one...
All the points that you have listed with the same success can be applied to trading. If you want to show the fundamental difference between gambling and trading, perhaps you can make a similar list but with differences? I think it will be very difficult to do this due to the fact that these two occupations are very close in meaning
Im doing that two things at the same time. But I am not a day trader, I am a gambler and a long term trader. You have to decide which type of a trader are you going to be. If you will be a day trader or a scalper or lets say a swing trader which requires a lot of time to read technical analysis every now and then.
There are a lot of easy to learn gambling strategies and in gambling, you can just set a goal profit in a day, that way you will still play while earning and will still have a time for both trading and gambling.
It's more easier for you to combine both because you trade basically the news which is fundamental analysis. You don't necessarily need much of technical analysis but this type of trading requires huge capital because of pullbacks and long term trading (position trading ) will give enough time to go about your gambling without much stress. There are a lot of easy to learn gambling strategies and in gambling, you can just set a goal profit in a day, that way you will still play while earning and will still have a time for both trading and gambling.
lately i have been stressed off and depressed because of lack of sleep, i just got my hand on so many thing and among those is trading and gambling this two activities requires lots of research and hard work which is time consuming, and am beginning to feel that am over doing it.
is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
Merely looking at your at your condition, I've been in your shoes before. It's is very stressful combing gambling and trading to gather especially when you don't have friends that can easily analyze the market and give you feedback on trading all together with friends. In order to combine the two without having too much stress, you need to have or look for traders that trade in group, putting their analysis together to achieve a common goal which will help everyone to reduce the stress of doing trading analysis alone. It will really help you to combine both trading and gambling without much stress. is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
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lately i have been stressed off and depressed because of lack of sleep, i just got my hand on so many thing and among those is trading and gambling this two activities requires lots of research and hard work which is time consuming, and am beginning to feel that am over doing it.
is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
Both trading and gambling are not for everybody but you need to first understand which one of the two that best suit you, develop your knowledge in understanding the concept of both gambling and trading because these activities have ruined the relationship of a lot of people and also led them to the debt they can't pay in 2years. However, gambling is not something you ought to be doing every day to avoid addiction. is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
lately i have been stressed off and depressed because of lack of sleep, i just got my hand on so many thing and among those is trading and gambling this two activities requires lots of research and hard work which is time consuming, and am beginning to feel that am over doing it.
is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
This is really time-consuming, for me personally.. I will just do one of both, or maybe besides gambling.. I will look for other businesses besides trading, such as just investing. In my opinion, if these two things are done.. of course over time your gambling activities will be more and more excessive, it will double the risk, but it depends on each person as well, how to master these two things and time discipline also can manage the income.is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
because OP may admit or not but he must be a loser for all his career from doing this combination.
best to put real business than doing gambling and trading at the same time.
lately i have been stressed off and depressed because of lack of sleep, i just got my hand on so many thing and among those is trading and gambling this two activities requires lots of research and hard work which is time consuming, and am beginning to feel that am over doing it.
is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
This is really time-consuming, for me personally.. I will just do one of both, or maybe besides gambling.. I will look for other businesses besides trading, such as just investing. In my opinion, if these two things are done.. of course over time your gambling activities will be more and more excessive, it will double the risk, but it depends on each person as well, how to master these two things and time discipline also can manage the income.is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
In trading you can use buy or sell orders or stop loss, in these ways at least you can leave it and check it at any time and it doesn't have to be monitored continuously. In contrast to gambling, which at least has to be done manually, of course it will take more time. But yes, it all depends on what gamble you are playing, because if it is a sports bet then you can leave it after making the bet and go back to your trading.
Bot in trading and just need a little maintenance while enjoying the gambling industry. That's what was supposed to happen but I guess TS mixed it up and the product was stress.
Do not make Trading like a day job. It's not really that complicated with the applications made easier by an exchange.
It's reading the market that you should put more work and it's impossible to get an accurate reading.
While gambling should be your escape from all the work you finished.
In trading you can use buy or sell orders or stop loss, in these ways at least you can leave it and check it at any time and it doesn't have to be monitored continuously. In contrast to gambling, which at least has to be done manually, of course it will take more time. But yes, it all depends on what gamble you are playing, because if it is a sports bet then you can leave it after making the bet and go back to your trading.
Trading & Gambling are not the same...
Both have their own purposes and needs...
For Gambling time & money doesn't matter, some low-earned people gamble over 18 hours in a day without having any problem.
Gambling isn't a problem until you force it to make problems in your life.
Now come why & when a person becomes a problem gambler
1) wanna become nouveau riche, 50% of problem gamblers want to be rich in a short-cut way.
2) Passed a stressful day and wanna become relax, people often do gamble after doing physical hard work.
3) wanna become social, some people want to be more authoritarian in their neighborhood and gamble frequently to express their ability.
4) Overconfidence & Excitement, overconfidence & excitement are lying behind to become problem gamblers.
5) To forget the coming problems/fault, people do excess gamble to stay away from their Family chaos/needs.
6) Loneliness & monotony, People become problem gamblers when they are frustrated and indifferent about life.
Find out your one and solve one by one...
Both have their own purposes and needs...
For Gambling time & money doesn't matter, some low-earned people gamble over 18 hours in a day without having any problem.
Gambling isn't a problem until you force it to make problems in your life.
Now come why & when a person becomes a problem gambler
1) wanna become nouveau riche, 50% of problem gamblers want to be rich in a short-cut way.
2) Passed a stressful day and wanna become relax, people often do gamble after doing physical hard work.
3) wanna become social, some people want to be more authoritarian in their neighborhood and gamble frequently to express their ability.
4) Overconfidence & Excitement, overconfidence & excitement are lying behind to become problem gamblers.
5) To forget the coming problems/fault, people do excess gamble to stay away from their Family chaos/needs.
6) Loneliness & monotony, People become problem gamblers when they are frustrated and indifferent about life.
Find out your one and solve one by one...
lately i have been stressed off and depressed because of lack of sleep, i just got my hand on so many thing and among those is trading and gambling this two activities requires lots of research and hard work which is time consuming, and am beginning to feel that am over doing it.
is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
This is really time-consuming, for me personally.. I will just do one of both, or maybe besides gambling.. I will look for other businesses besides trading, such as just investing. In my opinion, if these two things are done.. of course over time your gambling activities will be more and more excessive, it will double the risk, but it depends on each person as well, how to master these two things and time discipline also can manage the income. is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
What kind of trading are you referring to? If it is day trading there is no difference if compared to gambling: they are the same thing. You can research whole days without sleeping that it won't guarantee you any profitability in the end, because luck is also needed besides knowledge regards the crypto assets or gambling games you are engaged on, since games' results are random and crypto fluctuations are speculative, not being possible to justify them with logical predictions most of times.
Just keep in mind these activities aren't so easy and profitable like some people make it sound on the internet and take a break sometimes. Don't rush into gambling and trading. Do it a little every day or every week and you will find out if it worths for you or not.
He is not comparing if you read the topic , He is mentioning about his activities in which he tend to trade and he do gambling meaning double risk on his part.Just keep in mind these activities aren't so easy and profitable like some people make it sound on the internet and take a break sometimes. Don't rush into gambling and trading. Do it a little every day or every week and you will find out if it worths for you or not.
but the thing is why has he doing the same when he can only choose on since both are very risky?
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