Do you consider trading as gambling? - page 27.

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Quote from: TraderETH on November 04, 2016, 03:00:51 AM

Quote from: xSkylarx on November 04, 2016, 12:46:35 AM

Trading is like gambling. But in terms of risks they are very different from each other. In gambling your only chance of winning is only 50/50, also the house edge is your opponent. But in trading, you can minimize it depending on what you are trading.

I agree with your opinion in gambling only has chance for winning 50/50, but i don't too agree trading is like gambling because at least on trading we can do cut lost and on gambling we can not do that.

I don't think that gambling has a chance for winning with that 50/50 ratio. Because as we are going to depend with our luck sometimes is can be 10/100.

I just agree with trading considered as gambling because of the risk that you are going to take with it. But for the whole game itself, trading is really different.

You will going to depend on your skills, timing, knowledge and luck with trading, unlike in gambling you only need money and luck.

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Quote from: gabmen on November 04, 2016, 04:21:58 AM

Quote from: Viyamore on November 04, 2016, 12:58:01 AM

Quote from: xSkylarx on November 04, 2016, 12:46:35 AM

Trading is like gambling. But in terms of risks they are very different from each other. In gambling your only chance of winning is only 50/50, also the house edge is your opponent. But in trading, you can minimize it depending on what you are trading.

That's true ,win or lose is the only result in gambling but it is good to play it makes you enjoy playing and this more frequently lose unlike trading you can manage your profits and lose and there's a higher chance for you to earn if you know how to trade well.

Well you can compare trading to gambling games such as poker. Luck still is a factor, but experience has more weight in order to be successful. It doesn't rely on 50/50 chances although sometimes, luck will determine if you'll profit or lose earnings

That's the point. For every player/trader it will be different.
For example we can take good trader that never play poker. He for sure will say that gambling is gambling, trading is trading, but when we take good poker player, but without experience in trading - for him trading will be more risky than poker - and what is gambling now?

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Quote from: Viyamore on November 04, 2016, 12:58:01 AM

Quote from: xSkylarx on November 04, 2016, 12:46:35 AM

Trading is like gambling. But in terms of risks they are very different from each other. In gambling your only chance of winning is only 50/50, also the house edge is your opponent. But in trading, you can minimize it depending on what you are trading.

That's true ,win or lose is the only result in gambling but it is good to play it makes you enjoy playing and this more frequently lose unlike trading you can manage your profits and lose and there's a higher chance for you to earn if you know how to trade well.

Well you can compare trading to gambling games such as poker. Luck still is a factor, but experience has more weight in order to be successful. It doesn't rely on 50/50 chances although sometimes, luck will determine if you'll profit or lose earnings

TraderETH

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Quote from: xSkylarx on November 04, 2016, 12:46:35 AM

Trading is like gambling. But in terms of risks they are very different from each other. In gambling your only chance of winning is only 50/50, also the house edge is your opponent. But in trading, you can minimize it depending on what you are trading.

I agree with your opinion in gambling only has chance for winning 50/50, but i don't too agree trading is like gambling because at least on trading we can do cut lost and on gambling we can not do that.

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Quote from: freedomgo on November 04, 2016, 02:37:08 AM

Quote from: Viyamore on November 04, 2016, 12:58:01 AM

Quote from: xSkylarx on November 04, 2016, 12:46:35 AM

Trading is like gambling. But in terms of risks they are very different from each other. In gambling your only chance of winning is only 50/50, also the house edge is your opponent. But in trading, you can minimize it depending on what you are trading.

That's true ,win or lose is the only result in gambling but it is good to play it makes you enjoy playing and this more frequently lose unlike trading you can manage your profits and lose and there's a higher chance for you to earn if you know how to trade well.

Losing cannot be avoided as we are in gambling, we lose or win but what is important is we are getting our goal. If your goal is to make money then we should understand that it is hard to win in gambling and we have a bigger chance of losing than winning. Better gamble for fun so no worries when you lose.

the more time we engage with this things the more matured we can be possibility to learn finding ways to earn will be our goal so better to control and be patience in searching for your success trading can be like sort of gambling if you don't know what you are doing but if you are fully equipped you will learn the difference between the two.

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Quote from: Viyamore on November 04, 2016, 12:58:01 AM

Quote from: xSkylarx on November 04, 2016, 12:46:35 AM

Trading is like gambling. But in terms of risks they are very different from each other. In gambling your only chance of winning is only 50/50, also the house edge is your opponent. But in trading, you can minimize it depending on what you are trading.

That's true ,win or lose is the only result in gambling but it is good to play it makes you enjoy playing and this more frequently lose unlike trading you can manage your profits and lose and there's a higher chance for you to earn if you know how to trade well.

Losing cannot be avoided as we are in gambling, we lose or win but what is important is we are getting our goal. If your goal is to make money then we should understand that it is hard to win in gambling and we have a bigger chance of losing than winning. Better gamble for fun so no worries when you lose.

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Quote from: xSkylarx on November 04, 2016, 12:46:35 AM

Trading is like gambling. But in terms of risks they are very different from each other. In gambling your only chance of winning is only 50/50, also the house edge is your opponent. But in trading, you can minimize it depending on what you are trading.

That's true ,win or lose is the only result in gambling but it is good to play it makes you enjoy playing and this more frequently lose unlike trading you can manage your profits and lose and there's a higher chance for you to earn if you know how to trade well.

xSkylarx

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Trading is like gambling. But in terms of risks they are very different from each other. In gambling your only chance of winning is only 50/50, also the house edge is your opponent. But in trading, you can minimize it depending on what you are trading.

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Quote from: rickadone on November 02, 2016, 11:05:01 AM

Quote from: Ziskinberg on November 02, 2016, 01:53:11 AM

If you will also take into consideration that there are two kinds of gamblers. There are gambler that uses his skills and the other one relies on his luck so basically we can say that if you are gambling you are just randomly picking your bets as that belongs to a gambler who relies on his luck.

A skilled and experience gambler has a chance to be successful because he studies gambling and improve his method although it's hard to win.

The problem is that even with skills based games you are risking your ability against the opponent and this requires luck, since your opponent can be stronger while weaker also. While with trading after a certain time you will be able to make profits without any risk ( yes risk, but that is really negligible as compared with gambling risks ).

Actually if you have skills and you believe that your skills will give you a good chance to make money then skilled based games is for you. Of course you should what's the capacity of your opponent as in the game if you know your opponent you have a better chance of winning than by just knowing the game.

Gambling is more risky but more rewarding if you can make it right..

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Quote from: rickadone on November 02, 2016, 11:05:01 AM

Quote from: Ziskinberg on November 02, 2016, 01:53:11 AM

If you will also take into consideration that there are two kinds of gamblers. There are gambler that uses his skills and the other one relies on his luck so basically we can say that if you are gambling you are just randomly picking your bets as that belongs to a gambler who relies on his luck.

A skilled and experience gambler has a chance to be successful because he studies gambling and improve his method although it's hard to win.

The problem is that even with skills based games you are risking your ability against the opponent and this requires luck, since your opponent can be stronger while weaker also. While with trading after a certain time you will be able to make profits without any risk ( yes risk, but that is really negligible as compared with gambling risks ).

You are correct in a sense but wrong in another, in poker you don’t play against a single player you are playing against the whole table so it does not matter if there are other stronger players than you the most important is how many weaker player there are? If you have enough of those then your hourly EV is going to be positive is that simple.

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Quote from: ikydesu on November 02, 2016, 12:12:38 AM

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Quote from: South Park on November 01, 2016, 07:17:58 PM

Quote from: ged00u on October 29, 2016, 11:45:26 PM

No, i do not. Trading is never the same as gambling although many people have said that it is. Trading requires a lot of experience and skill which can help you to earn the profit. And you also need a tutor to guide you, help you and explain how trading work.

Having a tutor is great but most people are not going to be able to find one, what are they supposed to do? Give up trading? No they will have to learn on their own that is a lot more difficult but it is possible to do it.

I can consider that trading is also gambling in the way that you are taking a risk and every type of investments are just like gambling and you must be able to accept that fact that you need to take it.

And if you don't want to take a risk in trading then you must stop gambling too, because if you are going to keep on gambling, you can just trade easily.

This is wrong perspektif. trading can be a gambling if you do it without any plan or analysist, just random buy/sell. but otherwise, it's a dignified profession.

if you think trading as gambling why people on wall streets risking their life with gamble.

I guess you meant perspective. Yeah, actually if gambling was trading and vice versa then the pro traders here who make a lot of profit will not be able to do so. I have made some nice profits too with bitcoins price trading and with gambling have been just in loss only, so not really we can relate gambling with trading.

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Quote from: kotwica666 on November 03, 2016, 05:47:43 AM

Quote from: poplolnman on November 03, 2016, 05:14:43 AM

Quote from: roadbits on November 02, 2016, 10:44:16 AM

Quote from: poplolnman on November 02, 2016, 09:59:43 AM

Quote from: hatshepsut93 on November 02, 2016, 09:39:00 AM

Quote from: tabas on November 02, 2016, 08:59:09 AM

Quote from: hua_hui on November 02, 2016, 07:23:39 AM

Trading without any knowledge is betting on your luck so that makes it not much difference from gambling as you dont have control over the results. However, if you do your research and trade with high chance of success, you can gain easily.

This is very unusual that a person is going to enter trading without knowledge but we can't deny that there are some incidents that are happening that way. Trading is really a gambling because of the risk you are going to take as you gamble then that is going to be a hard way to get some assured profit and investments are risky as gamble is.

In most gambling activities (except poker, betting) players don't have any control over the outcome or can only make decisions that will minimize their loss, since the house edge is always there. In trading it all depends on your analytical skills, hence why it's a real profession and millions of traders are employed be companies all over the world.

sometimes trading are feel like gambling , but not really frequently. that's why maybe people considering trading as gambling. but it wouldn't be a benchmark that trading are equal to gambling , there is a lot of things make both trading and gambling different and you should consider it too.

Yes both are different. In trading we need more knowledge but in gambling if you don't have knowledge also you can play. But in trading you can expect some profit. It will work out . In gambling the profit is depend on luck. if you have luck you will make money. So here no guarantee for your investment. My choice is Trading.

nahhh when you have no knowledge in trading and force yourself to do trade with zero experience just guessing the price , this moment are what i call sometimes trading feel like gambling . don't you agree with this?

It is exactly as you wrote! New users read that trading is the best way to make money. They forget to decipher that to one could make money, someone else must lose. It is a free market, there is never anything for free.
Without the experience and knowledge of trading it is just gambling.

i take a rare case as example , as i believe those people who trading without knowledge will never repeat it for many attempts. that's why i say 'sometimes' too as time goes by people would start learning and do trading properly , not random guessing price that could considered as pure gambling.

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Quote from: Qunenin on November 02, 2016, 05:34:28 AM

Quote from: Monnt on November 02, 2016, 02:04:48 AM

Quote from: Ziskinberg on November 02, 2016, 01:53:11 AM

A skilled and experience gambler has a chance to be successful because he studies gambling and improve his method although it's hard to win.

But your experience has nothing to do with your fortune moments. Only if you are extremely lucky and you may have some lucky times then you will be able to crack profits. So, your studies and strategies has nothing to do for profit making in gambling. Whereas trading requires studies and strategies so experience also. Trading has lot of differences from gambling never consider trading as gambling.

Agree, Trading requires studies and strategies instead of gambling, and in gambling it requires only Luck, no experience and no strategy, only letter bit skills require but only a few games of gambling, but still luck you need it in gambling. Secondly, trading is also risky and same like gambling but it mustily depend on your skills and knowledge than your profit is depend on your luck.

No in some games you don't need luck at all for example you are playing backgammon then you can easily win if you are good at it. Yes, though there are time when you will loose, which also happens in trading so actually skill based gambling and trading are same.

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Quote from: bitcircle on November 02, 2016, 12:51:16 PM

No trading is like gambling because we have more better chance to make money with trading but gambling have pretty low chance there, that is why I am pretty sure with gambling very hard to some profit.

i did not understand one bit what you were trying to tell,are you telling that trading and gambling are alike and then you are taking the opposite stand by telling gambling has a pretty low chance of earning i figure ,i would say that if you are good at something just do it whole heartedly and you will make profit be it gambling or trading that being said i do not consider trading to be gambling either

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Quote from: poplolnman on November 03, 2016, 05:14:43 AM

Quote from: roadbits on November 02, 2016, 10:44:16 AM

Quote from: poplolnman on November 02, 2016, 09:59:43 AM

Quote from: hatshepsut93 on November 02, 2016, 09:39:00 AM

Quote from: tabas on November 02, 2016, 08:59:09 AM

Quote from: hua_hui on November 02, 2016, 07:23:39 AM

Trading without any knowledge is betting on your luck so that makes it not much difference from gambling as you dont have control over the results. However, if you do your research and trade with high chance of success, you can gain easily.

This is very unusual that a person is going to enter trading without knowledge but we can't deny that there are some incidents that are happening that way. Trading is really a gambling because of the risk you are going to take as you gamble then that is going to be a hard way to get some assured profit and investments are risky as gamble is.

In most gambling activities (except poker, betting) players don't have any control over the outcome or can only make decisions that will minimize their loss, since the house edge is always there. In trading it all depends on your analytical skills, hence why it's a real profession and millions of traders are employed be companies all over the world.

sometimes trading are feel like gambling , but not really frequently. that's why maybe people considering trading as gambling. but it wouldn't be a benchmark that trading are equal to gambling , there is a lot of things make both trading and gambling different and you should consider it too.

Yes both are different. In trading we need more knowledge but in gambling if you don't have knowledge also you can play. But in trading you can expect some profit. It will work out . In gambling the profit is depend on luck. if you have luck you will make money. So here no guarantee for your investment. My choice is Trading.

nahhh when you have no knowledge in trading and force yourself to do trade with zero experience just guessing the price , this moment are what i call sometimes trading feel like gambling . don't you agree with this?

It is exactly as you wrote! New users read that trading is the best way to make money. They forget to decipher that to one could make money, someone else must lose. It is a free market, there is never anything for free.
Without the experience and knowledge of trading it is just gambling.

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Quote from: bitcircle on November 02, 2016, 12:51:16 PM

No trading is like gambling because we have more better chance to make money with trading but gambling have pretty low chance there, that is why I am pretty sure with gambling very hard to some profit.

Well for example if you do very low risk dice rolls you have high chance to win, it is not about chance of winning, gambling like trading don't depend on your skills, it is pure luck

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Quote from: poplolnman on November 03, 2016, 05:14:43 AM

Quote from: roadbits on November 02, 2016, 10:44:16 AM

Quote from: poplolnman on November 02, 2016, 09:59:43 AM

Quote from: hatshepsut93 on November 02, 2016, 09:39:00 AM

Quote from: tabas on November 02, 2016, 08:59:09 AM

Quote from: hua_hui on November 02, 2016, 07:23:39 AM

Trading without any knowledge is betting on your luck so that makes it not much difference from gambling as you dont have control over the results. However, if you do your research and trade with high chance of success, you can gain easily.

This is very unusual that a person is going to enter trading without knowledge but we can't deny that there are some incidents that are happening that way. Trading is really a gambling because of the risk you are going to take as you gamble then that is going to be a hard way to get some assured profit and investments are risky as gamble is.

In most gambling activities (except poker, betting) players don't have any control over the outcome or can only make decisions that will minimize their loss, since the house edge is always there. In trading it all depends on your analytical skills, hence why it's a real profession and millions of traders are employed be companies all over the world.

sometimes trading are feel like gambling , but not really frequently. that's why maybe people considering trading as gambling. but it wouldn't be a benchmark that trading are equal to gambling , there is a lot of things make both trading and gambling different and you should consider it too.

Yes both are different. In trading we need more knowledge but in gambling if you don't have knowledge also you can play. But in trading you can expect some profit. It will work out . In gambling the profit is depend on luck. if you have luck you will make money. So here no guarantee for your investment. My choice is Trading.

nahhh when you have no knowledge in trading and force yourself to do trade with zero experience just guessing the price , this moment are what i call sometimes trading feel like gambling . don't you agree with this?

Thats for sure will happen because you are just trusting your luck since you dont even have any expertise and just simply guessing if what particular trade to support its like gambling your investment in the sense of knowing nothing.

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Quote from: roadbits on November 02, 2016, 10:44:16 AM

Quote from: poplolnman on November 02, 2016, 09:59:43 AM

Quote from: hatshepsut93 on November 02, 2016, 09:39:00 AM

Quote from: tabas on November 02, 2016, 08:59:09 AM

Quote from: hua_hui on November 02, 2016, 07:23:39 AM

Trading without any knowledge is betting on your luck so that makes it not much difference from gambling as you dont have control over the results. However, if you do your research and trade with high chance of success, you can gain easily.

This is very unusual that a person is going to enter trading without knowledge but we can't deny that there are some incidents that are happening that way. Trading is really a gambling because of the risk you are going to take as you gamble then that is going to be a hard way to get some assured profit and investments are risky as gamble is.

In most gambling activities (except poker, betting) players don't have any control over the outcome or can only make decisions that will minimize their loss, since the house edge is always there. In trading it all depends on your analytical skills, hence why it's a real profession and millions of traders are employed be companies all over the world.

sometimes trading are feel like gambling , but not really frequently. that's why maybe people considering trading as gambling. but it wouldn't be a benchmark that trading are equal to gambling , there is a lot of things make both trading and gambling different and you should consider it too.

Yes both are different. In trading we need more knowledge but in gambling if you don't have knowledge also you can play. But in trading you can expect some profit. It will work out . In gambling the profit is depend on luck. if you have luck you will make money. So here no guarantee for your investment. My choice is Trading.

nahhh when you have no knowledge in trading and force yourself to do trade with zero experience just guessing the price , this moment are what i call sometimes trading feel like gambling . don't you agree with this?

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Quote from: bitcircle on November 02, 2016, 12:51:16 PM

No trading is like gambling because we have more better chance to make money with trading but gambling have pretty low chance there, that is why I am pretty sure with gambling very hard to some profit.

If you don't have an experience and knowledge of trading, then trading is also same as gambling like a guessing game. So if you don't have knowledge then better don't go for trading. Even many experienced traders also lost a lot of money in trading so don't ever try leveraging option in trading. It will give more profits if all works well otherwise you will lose a lot of money very quickly.

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Quote from: roadbits on November 02, 2016, 10:44:16 AM

Quote from: poplolnman on November 02, 2016, 09:59:43 AM

Quote from: hatshepsut93 on November 02, 2016, 09:39:00 AM

Quote from: tabas on November 02, 2016, 08:59:09 AM

Quote from: hua_hui on November 02, 2016, 07:23:39 AM

Trading without any knowledge is betting on your luck so that makes it not much difference from gambling as you dont have control over the results. However, if you do your research and trade with high chance of success, you can gain easily.

This is very unusual that a person is going to enter trading without knowledge but we can't deny that there are some incidents that are happening that way. Trading is really a gambling because of the risk you are going to take as you gamble then that is going to be a hard way to get some assured profit and investments are risky as gamble is.

In most gambling activities (except poker, betting) players don't have any control over the outcome or can only make decisions that will minimize their loss, since the house edge is always there. In trading it all depends on your analytical skills, hence why it's a real profession and millions of traders are employed be companies all over the world.

sometimes trading are feel like gambling , but not really frequently. that's why maybe people considering trading as gambling. but it wouldn't be a benchmark that trading are equal to gambling , there is a lot of things make both trading and gambling different and you should consider it too.

Yes both are different. In trading we need more knowledge but in gambling if you don't have knowledge also you can play. But in trading you can expect some profit. It will work out . In gambling the profit is depend on luck. if you have luck you will make money. So here no guarantee for your investment. My choice is Trading.

Most of the people thinks that gambling are completely depending on luck. But most of the wisest people prefer to choose trading, maybe they are really sick of losing their bitcoin easily as they gamble. And still, I know there are great people who do manage to do both trading and gambling, because in them this two are just the same.

Topic: Do you consider trading as gambling? - page 27. (Read 47344 times)