Topic: Do you consider trading as gambling? - page 31. (Read 47344 times)
Trading is a sort of gambling because you are betting that the stock or commodity or even a coin will move in so and so direction. You can look into various tools such as moving averages, RSI and other charts but it has an element of gambling in it. So I would say trading is gambling. The difference is, in gambling you are playing a loosing game as the house always have an edge over the gamblers. In trading you can have an edge if you make the right move at the right time. And you can control your looses by hedging or by using stoploss.
I think trading is also part of gambling. But in the midst of the general public trading is not gambling . I never heard my government forbids people to do trading, even a lot of advertising on tv who advise people to trade in their place. So it could be said trading is part of gambling but it could also be said not, depending from what angle we view it.
I think there is a lot of gray area when defining gambling. Some games are purely chance and others have some skill involved. I don't think of trading as gambling, but I can see that there is some unknown as to what the outcome will be so it could be in that gray area.
But if you do a day trading then it is almost same a gambling because in day trading most of the people trading just by the assumptions that price will go up based on some news or something else. That kind of trading is almost same as gambling because you're not trading based on any trade basics.
They are really different of field but the main question here is about the risk involve on both things. Which is actually the same though but the advantage on trading is that you could actually able to lessen the risk with proper knowledge and skills on trading unlike on doing gambling which you are actually playing blindly and just fully relying on your luck in able to win or get profits.
I think there is a lot of gray area when defining gambling. Some games are purely chance and others have some skill involved. I don't think of trading as gambling, but I can see that there is some unknown as to what the outcome will be so it could be in that gray area.
But if you do a day trading then it is almost same a gambling because in day trading most of the people trading just by the assumptions that price will go up based on some news or something else. That kind of trading is almost same as gambling because you're not trading based on any trade basics.
They are really different of field but the main question here is about the risk involve on both things. Which is actually the same though but the advantage on trading is that you could actually able to lessen the risk with proper knowledge and skills on trading unlike on doing gambling which you are actually playing blindly and just fully relying on your luck in able to win or get profits.
I think there is a lot of gray area when defining gambling. Some games are purely chance and others have some skill involved. I don't think of trading as gambling, but I can see that there is some unknown as to what the outcome will be so it could be in that gray area.
But if you do a day trading then it is almost same a gambling because in day trading most of the people trading just by the assumptions that price will go up based on some news or something else. That kind of trading is almost same as gambling because you're not trading based on any trade basics.
I think there is a lot of gray area when defining gambling. Some games are purely chance and others have some skill involved. I don't think of trading as gambling, but I can see that there is some unknown as to what the outcome will be so it could be in that gray area.
But if you do a day trading then it is almost same a gambling because in day trading most of the people trading just by the assumptions that price will go up based on some news or something else. That kind of trading is almost same as gambling because you're not trading based on any trade basics.
I think there is a lot of gray area when defining gambling. Some games are purely chance and others have some skill involved. I don't think of trading as gambling, but I can see that there is some unknown as to what the outcome will be so it could be in that gray area.
In general you cannot consider trading as gambling as there are even course offered when you can study trading online and even in physical school. But gambling there's not such thing like that, gamblers can become professional but that's what only base on how we look ourselves since there's not proper way to determine on how to become professional.From what I know, gambling is for fun and trading is a serious business by investing in yourself hoping you skills and knowledge will give you money.
I think there is a lot of gray area when defining gambling. Some games are purely chance and others have some skill involved. I don't think of trading as gambling, but I can see that there is some unknown as to what the outcome will be so it could be in that gray area.
Yes...I consider trading a gamble. Anytime one risks their money on a speculation or on an event that is not certain they are gambling. They are betting that the value of their investment will increase or decrease when they trade. It's not that much different from laying a wager on a sports event.
But at least we can calculate the risk in trading compared to gambling that it is more on relying on your luck. No way you will improve your knowledge and skills in gambling, but in trading that is possible for anyone who will study and give time to improve his skills.No I do not consider trading to be the same as gambling. With trading you get something back.
With gambling you are not sure if you get something at all. The risk is much higher with gambling.
I agree that in gambling the risk is far greater than Trading. But in gambling also you can get something back if you play safe games. Don't play slot games just play skill games and do sports betting. In sports betting, we can able to make decent amount if we have enough knowledge on sports. This is also risky, but you can get back something. Try this once.With gambling you are not sure if you get something at all. The risk is much higher with gambling.
Because we want to earn more, we think (double or nothing)
No I do not consider trading to be the same as gambling. With trading you get something back.
With gambling you are not sure if you get something at all. The risk is much higher with gambling.
I agree that in gambling the risk is far greater than Trading. But in gambling also you can get something back if you play safe games. Don't play slot games just play skill games and do sports betting. In sports betting, we can able to make decent amount if we have enough knowledge on sports. This is also risky, but you can get back something. Try this once. With gambling you are not sure if you get something at all. The risk is much higher with gambling.
You can consider it as gambling I have no doubts about it and I also think it is a sort of gambling to be honest because its like gambling with the risks it has these days.
Trading considered as gambling not just about taking risk on both.But also things make both similar is when you have to make a guess and prediction on an uncertain outcome / price.
People too quick to make a judgement , it is obviously different if you are really a trader you will feel it and know it.
You can consider it as gambling I have no doubts about it and I also think it is a sort of gambling to be honest because its like gambling with the risks it has these days.
Definitely trading, this is due to the fact that many people are addicted to gambling and got their life wreck while in trading many people got succeeded and they are already enjoying a comfortable life, in trading you need to to gamble also as in everything venture that involves money the risk is always present but if you learn the basic and eventually master it you will have a good future in trading and you begin to consistently earn more money.
No I do not consider trading to be the same as gambling. With trading you get something back.
With gambling you are not sure if you get something at all. The risk is much higher with gambling.
With gambling you are not sure if you get something at all. The risk is much higher with gambling.
Yes...I consider trading a gamble. Anytime one risks their money on a speculation or on an event that is not certain they are gambling. They are betting that the value of their investment will increase or decrease when they trade. It's not that much different from laying a wager on a sports event.
But at least we can calculate the risk in trading compared to gambling that it is more on relying on your luck. No way you will improve your knowledge and skills in gambling, but in trading that is possible for anyone who will study and give time to improve his skills.That's the difference of trading with gambling, the risk are just being limited with trading as you know the alt coins that you are going to trade but still the risk is still there. And yes, gambling is completely relying on your luck but with trading you need to have knowledge, timing , skills and luck in able to get some good profit.
Much of the same analysis that's utilized in sports betting or commodity futures is also considered while trading. They both require a statistical analysis of collected data. They are very similar.
Yes...I consider trading a gamble. Anytime one risks their money on a speculation or on an event that is not certain they are gambling. They are betting that the value of their investment will increase or decrease when they trade. It's not that much different from laying a wager on a sports event.
But at least we can calculate the risk in trading compared to gambling that it is more on relying on your luck. No way you will improve your knowledge and skills in gambling, but in trading that is possible for anyone who will study and give time to improve his skills.That's the difference of trading with gambling, the risk are just being limited with trading as you know the alt coins that you are going to trade but still the risk is still there. And yes, gambling is completely relying on your luck but with trading you need to have knowledge, timing , skills and luck in able to get some good profit.
Yes...I consider trading a gamble. Anytime one risks their money on a speculation or on an event that is not certain they are gambling. They are betting that the value of their investment will increase or decrease when they trade. It's not that much different from laying a wager on a sports event.
But at least we can calculate the risk in trading compared to gambling that it is more on relying on your luck. No way you will improve your knowledge and skills in gambling, but in trading that is possible for anyone who will study and give time to improve his skills. 
Yes...I consider trading a gamble. Anytime one risks their money on a speculation or on an event that is not certain they are gambling. They are betting that the value of their investment will increase or decrease when they trade. It's not that much different from laying a wager on a sports event.
But I think if a person is involved in a place from longer period and can know that what is happening next in there and can know that he will lose his money or gain and can know the factors because of which he will lose or win then it is not gambling and the same occurs in tarde only a few traders do not know much.
Yes...I consider trading a gamble. Anytime one risks their money on a speculation or on an event that is not certain they are gambling. They are betting that the value of their investment will increase or decrease when they trade. It's not that much different from laying a wager on a sports event.
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