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Topic: Digital options - Gambling or trading? - page 3. (Read 355 times)

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Activity: 444
Merit: 101
April 09, 2019, 05:42:36 AM
#1
I think many gamblers alike will agree with me that gambling can be exciting most of the time.   The joy and satisfaction you feel when you call it right is amazing.  Its funny though that society frowns so much at gambling even though like most things in life, its just risk management.  Like any other investment type, there is potential to lose it all because in the end, it still gambling.  Just with varying risk levels.

Although a relatively new form of trading (Apparently), digital options is fast becoming popular due apparently to its simplicity.   A simple choice of choosing that a stock, commodity or currency will go high or low in its value over a specific time frame.    There is also a fast (turbo) mode with around 30 seconds expiration time with potential returns of as much as 90%.   Question is, how is that still trading if you can't be sure of what might or will happen in that short time frame?

Safe to say we humans can be very greedy  Grin.  Admittedly, increased risks come with potentially higher returns which is what attracts many of us.  Funny thing is that we all gamble one way or the other.  Some better at it than others.  Smart gamblers/traders tend to assess their losses to see how they can improve.      

IMO, digital options is a type of gambling but then again what isn't?
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