Do you consider trading as gambling? - page 42.

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Quote from: South Park on October 07, 2016, 12:56:21 PM

Quote from: geopolisch on October 07, 2016, 09:24:26 AM

Quote from: marcuslong on October 06, 2016, 06:57:08 PM

Quote from: Stedsm on October 06, 2016, 09:36:24 AM

Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.

True trading can be considered as gambling too where both need to waste money and risk money you cant say that you dont need to waste money there you need luck and you will know what to do

But, the risk levels in trading is minimum compared to gambling as trading allows us to use our knowledge in time to time. But, if we are extremely lucky, we can trade in gambling-way like without any research and analysis, we will be able to book profit in trading. Maybe that is the reason people are calling trading also a gambling.

Well, if you trade without reading anything or doing some research then that is definitely gambling, since you are just putting your money on the table and hoping for the best.

It's even worth than gambling, because in casino you know the odds of each bet, but in blind trading you have no idea what's going on, you can't say that chance of price of going up or down is 50%.

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Quote from: kollo99 on October 07, 2016, 02:11:59 PM

to me gambling is some thing different from trading, trading is less risky than gambling, gambling is totally a game of luck while in trading you must have good knowledge about the product and must have good trading skill.

I do not think its less more risky because in my eyes it stays almost even risky to do, gambling is very risky if you are asking me, it has maybe some more options so maybe a little less more risky but its stays almost the same in my eyes..

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Quote from: serjent05 on October 07, 2016, 11:29:51 AM

I agree that sports betting, poker and blackjack are skill base games; I don't know why they consider it is gambling games:D. It is not only dice that strategy won't work, but there is also this roulette, scratch games, lotto games, and scratch. These games are all luck base games others called it chance games.

Even with skill based games and gambling, you still need your luck favors you in order to have more chances to win some profits. Similarly, in trading also we need our luck to favor us so that we get right timing to open position and book profits.

But, overall I never consider trading as gambling because trading is not that much fully dependent on luck factor.

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to me gambling is some thing different from trading, trading is less risky than gambling, gambling is totally a game of luck while in trading you must have good knowledge about the product and must have good trading skill.

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Quote from: geopolisch on October 07, 2016, 09:24:26 AM

Quote from: marcuslong on October 06, 2016, 06:57:08 PM

Quote from: Stedsm on October 06, 2016, 09:36:24 AM

Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.

True trading can be considered as gambling too where both need to waste money and risk money you cant say that you dont need to waste money there you need luck and you will know what to do

But, the risk levels in trading is minimum compared to gambling as trading allows us to use our knowledge in time to time. But, if we are extremely lucky, we can trade in gambling-way like without any research and analysis, we will be able to book profit in trading. Maybe that is the reason people are calling trading also a gambling.

Well, if you trade without reading anything or doing some research then that is definitely gambling, since you are just putting your money on the table and hoping for the best.

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Quote from: agustina2 on October 07, 2016, 10:44:47 AM

Quote from: Zooplus on October 06, 2016, 08:58:22 PM

Gambling is good if you are just trying your luck because strategy does not work in gambling, but if you are serious and wants to earn money consistently, then the answer is not gambling but trading and investing as method can be learn to be successful.

Wrong as your sayings only applied for dice, slots and related games.. Strategy is working in sports betting and I get profits from here in my history of doing gambling.

I think you have a terrible gambling stats that's why you said that there's no strategy working in any kinds of gambling.

I agree that sports betting, poker and blackjack are skill base games; I don't know why they consider it is gambling games:D. It is not only dice that strategy won't work, but there is also this roulette, scratch games, lotto games, and scratch. These games are all luck base games others called it chance games.

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Quote from: Zooplus on October 06, 2016, 08:58:22 PM

Gambling is good if you are just trying your luck because strategy does not work in gambling, but if you are serious and wants to earn money consistently, then the answer is not gambling but trading and investing as method can be learn to be successful.

Wrong as your sayings only applied for dice, slots and related games.. Strategy is working in sports betting and I get profits from here in my history of doing gambling.

I think you have a terrible gambling stats that's why you said that there's no strategy working in any kinds of gambling.

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Quote from: marcuslong on October 06, 2016, 06:57:08 PM

Quote from: Stedsm on October 06, 2016, 09:36:24 AM

Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.

True trading can be considered as gambling too where both need to waste money and risk money you cant say that you dont need to waste money there you need luck and you will know what to do

But, the risk levels in trading is minimum compared to gambling as trading allows us to use our knowledge in time to time. But, if we are extremely lucky, we can trade in gambling-way like without any research and analysis, we will be able to book profit in trading. Maybe that is the reason people are calling trading also a gambling.

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Quote from: Skarner21 on October 06, 2016, 06:48:55 PM

Quote from: rizkyhiw on October 06, 2016, 06:34:45 PM

Quote from: ethereumhunter on October 06, 2016, 06:23:53 PM

Quote from: danherbias07 on October 06, 2016, 09:43:15 AM

Quote from: Stedsm on October 06, 2016, 09:36:24 AM

Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.

That is the big difference. In gambling you lose it instantly while in trading there is this last minute that you can save your coins from plunging down. There would still be something left better than nothing.a

its true, because in trading we still have that coins and i am sure that there are increase price while decrease of the rate, and we just need to get patient for the increase price.

how about scam coin? i got dumped several times trade on high volatile altcoin
and as a result i lost all my bitcoin without get any profit to zero
talking trading altcoin and trading forex or any other trade is really different
but for me trade altcoin itself more to gambling than rely on some statistics or data

Mostly those altcoin are new so if you really want to make good profit even you are waiting for a long time better to stay in legit altcoin that you can find in coinmarketcap those 500k volume in up its more potencial to grow or stay in the future that you can hold your altcoin for a long time and sell them in the right time, . you will not lose in this way like other said choose the top 20 altcoin in coinmarketcap those staying for long time..

but people always lured to something bigger return
as you may know , the potential scam coin usually have a high volatile
and people love to do this trading smells like gambling , because they are know they may lost money
in this case i guess trading are really same as pure gambling

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Quote from: Zooplus on October 06, 2016, 08:58:22 PM

Quote from: BitMaxz on October 06, 2016, 07:00:24 PM

Quote from: mrcash02 on October 06, 2016, 06:53:05 PM

Quote from: ethereumhunter on October 06, 2016, 06:23:53 PM

Quote from: danherbias07 on October 06, 2016, 09:43:15 AM

Quote from: Stedsm on October 06, 2016, 09:36:24 AM

Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.

That is the big difference. In gambling you lose it instantly while in trading there is this last minute that you can save your coins from plunging down. There would still be something left better than nothing.a

its true, because in trading we still have that coins and i am sure that there are increase price while decrease of the rate, and we just need to get patient for the increase price.

Yes, I think in trading there is some science that you can learn to make profit and in gambling games you need to be lucky to make some profit, there is a big difference. And as was said, in gambling you lose your money instantly, you go from the heaven to the hell in one click!

Gambling is not a good idea if you are planning to try your luck you are always not lucky better to stay in trading is more potencial to make a good profit than gamble your bitcoins.

Gambling is good if you are just trying your luck because strategy does not work in gambling, but if you are serious and wants to earn money consistently, then the answer is not gambling but trading and investing as method can be learn to be successful.

If you want to become rich in gambling make it very fast, bet on jackpot of a game but make sure you will not get hook to it, you will win if you are lucky, there is always condition on that to happen.

Meanwhile, trading is more visible if you want to be successful in making money online as it is already proven that when you will just make the right research you will profit.

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Quote from: BitMaxz on October 06, 2016, 07:00:24 PM

Quote from: mrcash02 on October 06, 2016, 06:53:05 PM

Quote from: ethereumhunter on October 06, 2016, 06:23:53 PM

Quote from: danherbias07 on October 06, 2016, 09:43:15 AM

Quote from: Stedsm on October 06, 2016, 09:36:24 AM

Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.

That is the big difference. In gambling you lose it instantly while in trading there is this last minute that you can save your coins from plunging down. There would still be something left better than nothing.a

its true, because in trading we still have that coins and i am sure that there are increase price while decrease of the rate, and we just need to get patient for the increase price.

Yes, I think in trading there is some science that you can learn to make profit and in gambling games you need to be lucky to make some profit, there is a big difference. And as was said, in gambling you lose your money instantly, you go from the heaven to the hell in one click!

Gambling is not a good idea if you are planning to try your luck you are always not lucky better to stay in trading is more potencial to make a good profit than gamble your bitcoins.

Gambling is good if you are just trying your luck because strategy does not work in gambling, but if you are serious and wants to earn money consistently, then the answer is not gambling but trading and investing as method can be learn to be successful.

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Quote from: mrcash02 on October 06, 2016, 06:53:05 PM

Quote from: ethereumhunter on October 06, 2016, 06:23:53 PM

Quote from: danherbias07 on October 06, 2016, 09:43:15 AM

Quote from: Stedsm on October 06, 2016, 09:36:24 AM

Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.

That is the big difference. In gambling you lose it instantly while in trading there is this last minute that you can save your coins from plunging down. There would still be something left better than nothing.a

its true, because in trading we still have that coins and i am sure that there are increase price while decrease of the rate, and we just need to get patient for the increase price.

Yes, I think in trading there is some science that you can learn to make profit and in gambling games you need to be lucky to make some profit, there is a big difference. And as was said, in gambling you lose your money instantly, you go from the heaven to the hell in one click!

Gambling is not a good idea if you are planning to try your luck you are always not lucky better to stay in trading is more potencial to make a good profit than gamble your bitcoins.

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Quote from: Stedsm on October 06, 2016, 09:36:24 AM

Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.

True trading can be considered as gambling too where both need to waste money and risk money you cant say that you dont need to waste money there you need luck and you will know what to do

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Quote from: ethereumhunter on October 06, 2016, 06:23:53 PM

Quote from: danherbias07 on October 06, 2016, 09:43:15 AM

Quote from: Stedsm on October 06, 2016, 09:36:24 AM

Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.

That is the big difference. In gambling you lose it instantly while in trading there is this last minute that you can save your coins from plunging down. There would still be something left better than nothing.a

its true, because in trading we still have that coins and i am sure that there are increase price while decrease of the rate, and we just need to get patient for the increase price.

Yes, I think in trading there is some science that you can learn to make profit and in gambling games you need to be lucky to make some profit, there is a big difference. And as was said, in gambling you lose your money instantly, you go from the heaven to the hell in one click!

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Quote from: ethereumhunter on October 06, 2016, 06:23:53 PM

Quote from: danherbias07 on October 06, 2016, 09:43:15 AM

Quote from: Stedsm on October 06, 2016, 09:36:24 AM

Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.

That is the big difference. In gambling you lose it instantly while in trading there is this last minute that you can save your coins from plunging down. There would still be something left better than nothing.a

its true, because in trading we still have that coins and i am sure that there are increase price while decrease of the rate, and we just need to get patient for the increase price.

Yes there is a chance that you are able to get good profit in trading but the risk is lower unlike if you are going to gamble directly what is going to happen is that you are going to depend on your luck. And as you trade, you need to have proper knowledge, research and not just you are going to depend on your luck. But the risk is there.

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Quote from: rizkyhiw on October 06, 2016, 06:34:45 PM

Quote from: ethereumhunter on October 06, 2016, 06:23:53 PM

Quote from: danherbias07 on October 06, 2016, 09:43:15 AM

Quote from: Stedsm on October 06, 2016, 09:36:24 AM

Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.

That is the big difference. In gambling you lose it instantly while in trading there is this last minute that you can save your coins from plunging down. There would still be something left better than nothing.a

its true, because in trading we still have that coins and i am sure that there are increase price while decrease of the rate, and we just need to get patient for the increase price.

how about scam coin? i got dumped several times trade on high volatile altcoin
and as a result i lost all my bitcoin without get any profit to zero
talking trading altcoin and trading forex or any other trade is really different
but for me trade altcoin itself more to gambling than rely on some statistics or data

Mostly those altcoin are new so if you really want to make good profit even you are waiting for a long time better to stay in legit altcoin that you can find in coinmarketcap those 500k volume in up its more potencial to grow or stay in the future that you can hold your altcoin for a long time and sell them in the right time, . you will not lose in this way like other said choose the top 20 altcoin in coinmarketcap those staying for long time..

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Quote from: ethereumhunter on October 06, 2016, 06:23:53 PM

Quote from: danherbias07 on October 06, 2016, 09:43:15 AM

Quote from: Stedsm on October 06, 2016, 09:36:24 AM

Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.

That is the big difference. In gambling you lose it instantly while in trading there is this last minute that you can save your coins from plunging down. There would still be something left better than nothing.a

its true, because in trading we still have that coins and i am sure that there are increase price while decrease of the rate, and we just need to get patient for the increase price.

how about scam coin? i got dumped several times trade on high volatile altcoin
and as a result i lost all my bitcoin without get any profit to zero
talking trading altcoin and trading forex or any other trade is really different
but for me trade altcoin itself more to gambling than rely on some statistics or data

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Quote from: danherbias07 on October 06, 2016, 09:43:15 AM

Quote from: Stedsm on October 06, 2016, 09:36:24 AM

Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.

That is the big difference. In gambling you lose it instantly while in trading there is this last minute that you can save your coins from plunging down. There would still be something left better than nothing.a

its true, because in trading we still have that coins and i am sure that there are increase price while decrease of the rate, and we just need to get patient for the increase price.

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Quote from: hua_hui on October 05, 2016, 05:21:17 PM

Quote from: South Park on October 05, 2016, 04:29:04 PM

Quote from: raj69 on October 05, 2016, 06:48:28 AM

there are a lot of of gambling siteson the web .if anyone interested on bidding there than you guys have to understand house always wins

The house does not win all the time, the house due to the house edge wins on average in the long run more than it loses, that is why it may seem as if the house always wins but this is not the case.

The house is not a 100% sure win. However, he is not wrong to say that house always win too cause i believe you dont just go gamble for one hand and then leave. You gamble for a period of time and we know that the longer you gamble, the more likely you lose. So chance of winning is not just 1% but 90% of the time.

You are correct but this is mostly to an advantage that most players know the house has but ignore the real power of it and that is the size of their bankroll, the house can take a lot of losses that are simply impossible for a player to withstand, that is why you not only need a winning method, in fact that is only half the battle, you also need a bankroll big enough to counter the advantage of the house, you don’t need millions but as far as I know you need hundreds of thousands of dollars.

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Quote from: gabmen on October 06, 2016, 09:54:25 AM

Quote from: Stedsm on October 06, 2016, 09:36:24 AM

Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.

The thing with trading ia even if you are in a way, gambling here, its a calculated gamble. Also experience plays a big part with trading compared to when you're playing mostly with luck.

Yes, I like to agree with the you that trading must be a way of calculated gambling. Still, trading highly differs from gambling as it has possibilities to use our calculations whereas in gambling there will not be any chances to use our analysis or calculations. Gambling is simply a luck based one.

Topic: Do you consider trading as gambling? - page 42. (Read 47337 times)