Do you consider trading as gambling? - page 40.

upsidedown75

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Quote from: PsursV on October 12, 2016, 03:17:49 PM

Quote from: deadpoolx on October 12, 2016, 01:02:05 PM

Trading is very different from gambling, in my opinion. Depending on the level of knowledge and trading strategy, chances may significantly increase.

yes trading is too much different from trading as gambling is more risky as compare to trading, in trading you have always a chance of returning your money you lost but in gambling you have no chance of returning your money.

No, there will not be any chances of returning money from trading losses. Loss is loss for always in trading too. Maybe you are meaning to say we will be able to withdraw some remaining amounts from trading which is also not possible with gambling.

But in gambling if you stop at first loss itself, you will get chances to with the the remaining amounts.

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Quote from: deadpoolx on October 12, 2016, 01:02:05 PM

Trading is very different from gambling, in my opinion. Depending on the level of knowledge and trading strategy, chances may significantly increase.

yes trading is too much different from trading as gambling is more risky as compare to trading, in trading you have always a chance of returning your money you lost but in gambling you have no chance of returning your money.

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Quote from: deadpoolx on October 12, 2016, 01:02:05 PM

Trading is very different from gambling, in my opinion. Depending on the level of knowledge and trading strategy, chances may significantly increase.

Yes, it is very different because trading is not governed majorly by luck or chance. You can alter the outcome of the trades by researching and reading data and stats. Unlike gambling that relies purely on chance and luck, trading is more skill and knowledge base even with risk involves, the outcome in trading can be determined.

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Trading is very different from gambling, in my opinion. Depending on the level of knowledge and trading strategy, chances may significantly increase.

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Quote from: BossMacko on October 12, 2016, 12:43:53 PM

Quote from: mOgliE on February 25, 2016, 09:02:24 AM

Hey people,

I've always been a huge gambler. I like creating useless schemes (as we all know bank always win ^^) and betting whole nights long in order to find THE right way of betting.
But I need change, I can't bet over and over on the same game cause after I see that nothing can be done to change the odds, I'm bored.

So I thought a bit about trading and I started not so long ago. and it feels a bit like a betting game without knowing the odds and with an infinity of parameters!

Does anyone else takes trading as a gambling game?

Yes i do consider trading as gambling but not a gambling game. You will have to risk money here to get profit. Trading will not assure you 100% profit because you can also lose also. The good thing about trading is you will not lose all your investment here if you lose only Some percentage of your investment will be gone, unless you bought a dead coin then it you will lose every money that you use to buy that coin.

For me i don't consider trading is gambling they are different for me because gambling priority is to give entertainment for people.
Trading is business if you invest for their altcoin you can sell your altcoin if the price is increase to have profit if the price is not increase you can still sell it unlike gambling if you lose you will get nothing..

raaajlucky

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Quote from: subhiii on October 12, 2016, 11:15:48 AM

no there is a big difference between gambling and trading. we cannot consider trading as gambling. we can depend on trading for living but we cannot depend on gambling for living. trading is legal her in our country gambling is illegal in our country.

Trading is a business so it's legal in many countries, but gambling is not a business it's a game to make money so it's illegal in many countries. In my country also gambling illegal but we will do online gambling. But I agree that gambling is not considered as trading. In trading we can hope that we will make a profit, but in gambling, there are no hopes all just depend on luck.

BossMacko

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Quote from: mOgliE on February 25, 2016, 09:02:24 AM

Hey people,

I've always been a huge gambler. I like creating useless schemes (as we all know bank always win ^^) and betting whole nights long in order to find THE right way of betting.
But I need change, I can't bet over and over on the same game cause after I see that nothing can be done to change the odds, I'm bored.

So I thought a bit about trading and I started not so long ago. and it feels a bit like a betting game without knowing the odds and with an infinity of parameters!

Does anyone else takes trading as a gambling game?

Yes i do consider trading as gambling but not a gambling game. You will have to risk money here to get profit. Trading will not assure you 100% profit because you can also lose also. The good thing about trading is you will not lose all your investment here if you lose only Some percentage of your investment will be gone, unless you bought a dead coin then it you will lose every money that you use to buy that coin.

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Quote from: tabas on October 11, 2016, 11:32:05 PM

Quote from: South Park on October 11, 2016, 04:03:20 PM

Quote from: olubams on October 08, 2016, 04:31:55 PM

Quote from: gkv9 on October 08, 2016, 04:00:07 PM

Yes I do, but both have their own limitations and boundaries set and goals in each category are different as compared to each other...
Under some circumstances, trading might let you get out without losing everything but in gambling, you may not get that chance...

In my own opinion although both have some level of risk attached, but they are not the same. In the case of gambling the element of skill is of limited importance which makes the risk of losing so high compared to winning and sometimes it could be as much as 95:5% but trading on the otherhand gives room for skill which will reduce the risk of losing to a minimal level which does not amount to eradication...

In a casino game like poker your level of skill is fundamental, luck still plays a part but to say that your level of skill is of limited importance is an overstatement.

Poker does really needs to have both, luck and skills unlike dice you just need capital and total luck. So if you are not good enough with poker. Then that is just like trading for sure you are going to fall up with it. And I would say that trading is just like gambling but that is going to have lesser risk at all unlike the real gambling.

If you suck at poker, then poker is even worse than playing roulette or some other game in which luck is dominant, since the other skilled player are going to beat you and beat you hard in order to extract even the last penny that you may have.

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no there is a big difference between gambling and trading. we cannot consider trading as gambling. we can depend on trading for living but we cannot depend on gambling for living. trading is legal her in our country gambling is illegal in our country.

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Quote from: Lokfar on October 12, 2016, 09:12:42 AM

I do not think of trading as gambling because with trading you are somewhat sure that you are going to receive something back.
With gambling you are just a wild guess and that is not the case with trading.

Of course no. If this is the always scenario then why there are still many loss?

Trading is a guess to but with backup claims. Since it's unpredictable you didn't know what will happen. Therefore you are risking money in both that's why trading is also a gambling.

Ulloa

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I do not see trading as gambling but for some part its also the same because its not something you can simply do and the risks are almost the same.
Its different but also the same for some parts..

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Quote from: keaderza on August 23, 2016, 07:40:29 AM

IMO gambling is gambling as long as it's purely depending on luck and no support for it on other aspects "knowing methods of trading, best methods and ways to earn, specific market analysis", if the trader doesn't know these then it's merely gambling.

I do not think of trading as gambling because with trading you are somewhat sure that you are going to receive something back.
With gambling you are just a wild guess and that is not the case with trading.

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Quote from: South Park on October 11, 2016, 04:03:20 PM

Quote from: olubams on October 08, 2016, 04:31:55 PM

Quote from: gkv9 on October 08, 2016, 04:00:07 PM

Yes I do, but both have their own limitations and boundaries set and goals in each category are different as compared to each other...
Under some circumstances, trading might let you get out without losing everything but in gambling, you may not get that chance...

In my own opinion although both have some level of risk attached, but they are not the same. In the case of gambling the element of skill is of limited importance which makes the risk of losing so high compared to winning and sometimes it could be as much as 95:5% but trading on the otherhand gives room for skill which will reduce the risk of losing to a minimal level which does not amount to eradication...

In a casino game like poker your level of skill is fundamental, luck still plays a part but to say that your level of skill is of limited importance is an overstatement.

Poker does really needs to have both, luck and skills unlike dice you just need capital and total luck. So if you are not good enough with poker. Then that is just like trading for sure you are going to fall up with it. And I would say that trading is just like gambling but that is going to have lesser risk at all unlike the real gambling.

South Park

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Quote from: olubams on October 08, 2016, 04:31:55 PM

Quote from: gkv9 on October 08, 2016, 04:00:07 PM

Yes I do, but both have their own limitations and boundaries set and goals in each category are different as compared to each other...
Under some circumstances, trading might let you get out without losing everything but in gambling, you may not get that chance...

In my own opinion although both have some level of risk attached, but they are not the same. In the case of gambling the element of skill is of limited importance which makes the risk of losing so high compared to winning and sometimes it could be as much as 95:5% but trading on the otherhand gives room for skill which will reduce the risk of losing to a minimal level which does not amount to eradication...

In a casino game like poker your level of skill is fundamental, luck still plays a part but to say that your level of skill is of limited importance is an overstatement.

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Quote from: waveaddict on October 10, 2016, 04:53:17 AM

Quote from: klf on October 10, 2016, 04:49:24 AM

Quote from: stepwilli on October 09, 2016, 10:13:17 AM

Quote from: bithasher on October 09, 2016, 06:00:30 AM

I do consider trading as gambling. What is the definition of gambling at first need to know that. A attempt in gambling either will bring you some profit or loss. Trading where you get data and make analysis and then based on that you do a move to put some money in something. You think this is good thing to get profit sometimes you make or other times loose. Even experienced traders can not avoid losses as it is not in your hands to control the market. They work the same way in my point of view.

In simple words, if you're going for trading without having any skills, it might be gambling in the name of trading. Trading needs skill to set up strategies, so that we will be able to predict the price levels. Without skills, trading must be gambling only.

No need of predicting any prices but if you know that any product will give better returns in the long run then just buy and keep it until you get a good profit. But if you want to do a short-term trade then it is equal to gambling because in this skills will help only litter but still need a luck to make money.

You're right about the skill vs non-skilled trading. If the person doesn't know what he is doing then it really is a Gamble to them but with your eyes you may have the enhanced skill-set to figure that what they are doing is right/wrong.

right, when you know or you already have experience in trading, the risks of you losing are already minimized. if you're just starting to do trading, it's inevitable that you will experience losing, you in that there's a gamble in your money. but as you go on and you learn from experience and mistakes, chances are you'll know when are where to buy and sell

waveaddict

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Quote from: klf on October 10, 2016, 04:49:24 AM

Quote from: stepwilli on October 09, 2016, 10:13:17 AM

Quote from: bithasher on October 09, 2016, 06:00:30 AM

I do consider trading as gambling. What is the definition of gambling at first need to know that. A attempt in gambling either will bring you some profit or loss. Trading where you get data and make analysis and then based on that you do a move to put some money in something. You think this is good thing to get profit sometimes you make or other times loose. Even experienced traders can not avoid losses as it is not in your hands to control the market. They work the same way in my point of view.

In simple words, if you're going for trading without having any skills, it might be gambling in the name of trading. Trading needs skill to set up strategies, so that we will be able to predict the price levels. Without skills, trading must be gambling only.

No need of predicting any prices but if you know that any product will give better returns in the long run then just buy and keep it until you get a good profit. But if you want to do a short-term trade then it is equal to gambling because in this skills will help only litter but still need a luck to make money.

You're right about the skill vs non-skilled trading. If the person doesn't know what he is doing then it really is a Gamble to them but with your eyes you may have the enhanced skill-set to figure that what they are doing is right/wrong.

klf

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Quote from: stepwilli on October 09, 2016, 10:13:17 AM

Quote from: bithasher on October 09, 2016, 06:00:30 AM

I do consider trading as gambling. What is the definition of gambling at first need to know that. A attempt in gambling either will bring you some profit or loss. Trading where you get data and make analysis and then based on that you do a move to put some money in something. You think this is good thing to get profit sometimes you make or other times loose. Even experienced traders can not avoid losses as it is not in your hands to control the market. They work the same way in my point of view.

In simple words, if you're going for trading without having any skills, it might be gambling in the name of trading. Trading needs skill to set up strategies, so that we will be able to predict the price levels. Without skills, trading must be gambling only.

No need of predicting any prices but if you know that any product will give better returns in the long run then just buy and keep it until you get a good profit. But if you want to do a short-term trade then it is equal to gambling because in this skills will help only litter but still need a luck to make money.

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Quote from: bithasher on October 09, 2016, 06:00:30 AM

I do consider trading as gambling. What is the definition of gambling at first need to know that. A attempt in gambling either will bring you some profit or loss. Trading where you get data and make analysis and then based on that you do a move to put some money in something. You think this is good thing to get profit sometimes you make or other times loose. Even experienced traders can not avoid losses as it is not in your hands to control the market. They work the same way in my point of view.

In simple words, if you're going for trading without having any skills, it might be gambling in the name of trading. Trading needs skill to set up strategies, so that we will be able to predict the price levels. Without skills, trading must be gambling only.

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Quote from: shadobitz on October 09, 2016, 03:43:08 AM

Quote from: Golftech on October 09, 2016, 03:35:00 AM

Quote from: The_prodigy on October 09, 2016, 03:14:56 AM

As my investigation right now or based on my experience this past few weeks i considered that all activities like uhm trading , gambling , and investing are needs to take risk, Because of your are not going to take those risk you can't able to grow your bitcoins , You need to take those high risk sometimes if you really want to grow your bitcoin i considered that trading as gambling too where we could lose money there but it can be minimize because we can sell it for the half price.

well if you are not hurrying up you can still wait for the price rebound unlike in gambling after losing your money you need to place bet again, while in trading if you are supporting good quality project there's always possibility to regain your loses.

Yes, trading is more like that if we have good patience and can hold for long time than nothing can be good than this, because it all depend on this in which project we are involved and what is the potential behind this, I am pretty sure trading will be very profitable if we keep things in mind.

Me too I do believe that trading is considered as gambling and every type of investment there is going to be needed to take a risk.

But it is going to be reliable if you are going to try trading and going to make it as source of profit rather than if you are going to make gambling as source.

You just need to be patience as you trade.

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Quote from: bithasher on October 09, 2016, 06:00:30 AM

I do consider trading as gambling. What is the definition of gambling at first need to know that. A attempt in gambling either will bring you some profit or loss. Trading where you get data and make analysis and then based on that you do a move to put some money in something. You think this is good thing to get profit sometimes you make or other times loose. Even experienced traders can not avoid losses as it is not in your hands to control the market. They work the same way in my point of view.

Agree, they are might both the same on the risk because you are risking you money on both fields but still trading would have always an advatages since their are things or tools that could able for you to be profitable on trading but as you said we would definitely experience lose trades but as long we are knowledagble enough we could lessen it for sure.

Topic: Do you consider trading as gambling? - page 40. (Read 47346 times)