Do you consider trading as gambling? - page 49.

raaajlucky

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Quote from: nova-rider on September 22, 2016, 11:31:28 PM

Trading actually involves a deep study before you invest your money or put your possession in it. So for those people who just listen to one or two articles, and then go straight into trading for that stocks, would be more like gambling.

Correct, trading needs a lot of knowledge and many times expert traders also lose a lot of money. It is not so easy like many people thinks, but if you go for a longer term, then you got a better chance of making money from trading than doing short term trading.

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Quote from: Caladonian on September 23, 2016, 01:11:50 AM

Quote from: nova-rider on September 22, 2016, 11:31:28 PM

Trading actually involves a deep study before you invest your money or put your possession in it. So for those people who just listen to one or two articles, and then go straight into trading for that stocks, would be more like gambling.

good observation mate there's a lots of things that we need to consider first before we enter trading or else we are just leaning to our luck
just like doing some gamble, if you are ready and you got skills earning would be always at your side.

One thing I am sure of is that if you will treat trading like a gambling you will not be able to succeed, this is a very difficult job if you want to succeed but if you think this is just a game, it is just easy. My advise to everyone who wants to start trading is they need to read all the basics first then start trading with a small amount.

Caladonian

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Quote from: nova-rider on September 22, 2016, 11:31:28 PM

Trading actually involves a deep study before you invest your money or put your possession in it. So for those people who just listen to one or two articles, and then go straight into trading for that stocks, would be more like gambling.

good observation mate there's a lots of things that we need to consider first before we enter trading or else we are just leaning to our luck
just like doing some gamble, if you are ready and you got skills earning would be always at your side.

novemberwoah

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Quote from: chaser15 on September 22, 2016, 10:21:05 PM

Quote from: fullypak on September 22, 2016, 09:04:00 PM

Quote from: ironm@n on September 22, 2016, 08:25:14 AM

In trading you can increase your chances with knowledge, but it's still a gambling game, specially when you are betting on new coins. In the cryptocurrency market, many times there is a high difficulty to know where it will go.

Anything we trade without knowledge is purely a gambling because we just trade based on it may go up or based on some else tips. So don't trade if you don't know what you're doing because you may lose a lot of money in this kind of trading. Instead just keep the coins and you may make a good profit over the time.

And even with trading knowledge, people are taking a gambling here with their money. They can analyze the situation but no way they can predict it right.

They are just wagering the chance but not to the point they are accurate.

Trade knowledge must not only predict the price in my opinion. Fluctuation of prices can we predicted correctly if we could understand the trade. It was a little different from gambling just need luck because gambling is a game. In sports betting also we are able to predict, but the results still depends on luck. Although almost the same but very different trade and gambling.

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Trading actually involves a deep study before you invest your money or put your possession in it. So for those people who just listen to one or two articles, and then go straight into trading for that stocks, would be more like gambling.

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Quote from: fullypak on September 22, 2016, 09:04:00 PM

Quote from: ironm@n on September 22, 2016, 08:25:14 AM

In trading you can increase your chances with knowledge, but it's still a gambling game, specially when you are betting on new coins. In the cryptocurrency market, many times there is a high difficulty to know where it will go.

Anything we trade without knowledge is purely a gambling because we just trade based on it may go up or based on some else tips. So don't trade if you don't know what you're doing because you may lose a lot of money in this kind of trading. Instead just keep the coins and you may make a good profit over the time.

And even with trading knowledge, people are taking a gambling here with their money. They can analyze the situation but no way they can predict it right.

They are just wagering the chance but not to the point they are accurate.

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Quote from: JITENDERPAR3 on September 22, 2016, 09:09:58 PM

Quote from: Finestream on September 21, 2016, 08:44:24 PM

Quote from: aranachristianjay on September 21, 2016, 08:24:48 PM

Quote from: Iceborn on September 21, 2016, 07:50:23 PM

For a part I consider trading as gambling because of the risks that are almost the same, I think that gambling is similar to it, trading is risky and you can lose a lot of money.
Its maybe less more addictive but it has almost the same risks so..

No, the risk aren't the same as what gambling do have.

In trading you have the control over your money and when are you planning to sell the stocks or coins that you have, wherein it requires an analytical skills, thus making it less risky than gambling.

Gambling is completely based on the luck of the gambler, so the winnings and the chances of winning in their is also based on the luck.

Don't say it is completely based on luck, otherwise sports handicappers would not bother anymore in analyzing the game prior to the actual event, there is always a skills that is involved in gambling while luck is just a bonus where you are given the chance to make good money at a certain period of time. That is just temporary, while your skills will give you permanent win.

here everyone is considered only a part of luck depending in trading . here everyone should noticed that trading is 100% free of risk . here trader only worried when the price in his local country money became down .

in trading i think luck will be our friend but beside that we need skills like how to see the chart will be up or down, how the trend is now, and others. but in gambling, you need luck to win the games.

its really different for that trading and gambling. although there are money involve between that activity, but i prefer to say, its really different.

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Quote from: Iceborn on September 21, 2016, 07:50:23 PM

For a part I consider trading as gambling because of the risks that are almost the same, I think that gambling is similar to it, trading is risky and you can lose a lot of money.
Its maybe less more addictive but it has almost the same risks so..

Just to show you how different are investment and gambling let’s make an experiment. If I see the market doing badly I can wait until the market improves and gives me profit, in gambling this is not possible what are you going to do wait until the roullete gives you better odds, that is not going to happen.

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Quote from: Finestream on September 21, 2016, 08:44:24 PM

Quote from: aranachristianjay on September 21, 2016, 08:24:48 PM

Quote from: Iceborn on September 21, 2016, 07:50:23 PM

For a part I consider trading as gambling because of the risks that are almost the same, I think that gambling is similar to it, trading is risky and you can lose a lot of money.
Its maybe less more addictive but it has almost the same risks so..

No, the risk aren't the same as what gambling do have.

In trading you have the control over your money and when are you planning to sell the stocks or coins that you have, wherein it requires an analytical skills, thus making it less risky than gambling.

Gambling is completely based on the luck of the gambler, so the winnings and the chances of winning in their is also based on the luck.

Don't say it is completely based on luck, otherwise sports handicappers would not bother anymore in analyzing the game prior to the actual event, there is always a skills that is involved in gambling while luck is just a bonus where you are given the chance to make good money at a certain period of time. That is just temporary, while your skills will give you permanent win.

here everyone is considered only a part of luck depending in trading . here everyone should noticed that trading is 100% free of risk . here trader only worried when the price in his local country money became down .

fullypak

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Quote from: ironm@n on September 22, 2016, 08:25:14 AM

In trading you can increase your chances with knowledge, but it's still a gambling game, specially when you are betting on new coins. In the cryptocurrency market, many times there is a high difficulty to know where it will go.

Anything we trade without knowledge is purely a gambling because we just trade based on it may go up or based on some else tips. So don't trade if you don't know what you're doing because you may lose a lot of money in this kind of trading. Instead just keep the coins and you may make a good profit over the time.

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Quote from: Rostadom on September 22, 2016, 10:06:38 AM

I do consider trading as gambling simply because they have the same principles but I wouldn't consider gambling as trading. There's still a difference. In trading, you pick which altcoin are you going to invest into and then choose how much money you want to risk. The market's movement would serve as your multiplier. It will determine if you're going to have a negative profit or a positive profit and you have the choice when to cash out.

Actually the main point here is the money that will placed on both that's why "trading as gambling" or "gambling as trading" have the same thing about the money loss.

Yes they are really different but has one common which is "to win" or "to lose".

Rostadom

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I do consider trading as gambling simply because they have the same principles but I wouldn't consider gambling as trading. There's still a difference. In trading, you pick which altcoin are you going to invest into and then choose how much money you want to risk. The market's movement would serve as your multiplier. It will determine if you're going to have a negative profit or a positive profit and you have the choice when to cash out.

zero1ten

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Yes as far as I'm concern because the risks are the same you can lose all your money anytime, though the main difference with trading is you somehow get a headstart in which way the price will move because of the news that come about but still it is not 100% guaranteed because nowadays trading are dominated by speculations.

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Quote from: ironm@n on September 22, 2016, 08:25:14 AM

In trading you can increase your chances with knowledge, but it's still a gambling game, specially when you are betting on new coins. In the cryptocurrency market, many times there is a high difficulty to know where it will go.

I agree trading may become gambling at sometimes still trading has many better benefits to us compared to gambling. Trading altcoins is always a gambling in my opinion, as new alt coins may get dumped at any time. Yes, trading new altcoins is virtually a gambling as it has no differences in terms of risk levels.

Yutikas_11920

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Quote from: ironm@n on September 22, 2016, 08:25:14 AM

In trading you can increase your chances with knowledge, but it's still a gambling game, specially when you are betting on new coins. In the cryptocurrency market, many times there is a high difficulty to know where it will go.

Something that will give you a great advantage in our lives will surely provide a challenge or a risk that we have to solve. Without it, we will never get it properly, and will surely give vices for us. If indeed you are very hard to figure out the market advantages that will give the crypto, then you can join into some special community discusses cryptocurrency

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We all know that gambling and trading both has a risk and maybe it is similar to each other but i believe that there still a big difference between the two so we can never consider the trading as gambling maybe we have lost so much in trading from buying other coins but there will still be a remaining balance not like in gambling once you lose from the game your balance will completely lost once you choosed All-In or slowly losing .

ironm@n

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Quote from: jakelyson on September 18, 2016, 01:39:07 AM

Quote from: kaomaxx on September 15, 2016, 02:54:32 PM

Trading should definitely be considered as gambling as the chances of predicting the outcome is low and this in turn is risky for the trader
You lose some You win some Undecided

If you are trading blindly or ignoring the charts and the market, then you can consider it a gamble with a low chance of winning. But if you study the charts and the market, then your trades will probably win and make you some profits. Gambling does not have that, only press the button and pray you win.

Correct, trading without any knowledge would be like the same as gambling but same as you said if you do consider the charts and market news related to it then for sure you might gain a profitable trading but it's not a guarantee since we can't really make consecutive winning trades because as we know price volatility.

Price volatility can be useful if we can ride it. Anyway, if it is bitcoin, just do not panic sell if you bought and the price went down. It will always come back up. It is a sign that you should buy more when the price is falling. If you have the guts to hodl and buy more during price fall, then you will be all profit when it comes back up.

In trading you can increase your chances with knowledge, but it's still a gambling game, specially when you are betting on new coins. In the cryptocurrency market, many times there is a high difficulty to know where it will go.

Carmen_Sandiego

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I can say that gambling and trading are not the same, but both have similarities. They have high risks and possible high rewards, the main difference for me is that in trading you can set your own time to get out or wait, and invest based in development and informations. In gambling is almost always a game of luck.

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Quote from: Caladonian on September 21, 2016, 11:01:04 PM

Quote from: aranachristianjay on September 21, 2016, 08:24:48 PM

Quote from: Iceborn on September 21, 2016, 07:50:23 PM

For a part I consider trading as gambling because of the risks that are almost the same, I think that gambling is similar to it, trading is risky and you can lose a lot of money.
Its maybe less more addictive but it has almost the same risks so..

No, the risk aren't the same as what gambling do have.

In trading you have the control over your money and when are you planning to sell the stocks or coins that you have, wherein it requires an analytical skills, thus making it less risky than gambling.

Gambling is completely based on the luck of the gambler, so the winnings and the chances of winning in their is also based on the luck.

that's the difference between the two because in trading you can choose which direction you want to move along even it is in a middle of the trade unlike in gambling when you are playing you are always hoping that you will win you dont have any control to minimize loses with trading you can always minimize your loses and bounce back choosing another trade.

Trading gives more chance for us to succeed while in gambling there is really no chance because the house could always manipulate the outcome. I would choose trading although I believe it is also risky because I can learn the technique in the long run, unlike in gambling.

Caladonian

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Quote from: aranachristianjay on September 21, 2016, 08:24:48 PM

Quote from: Iceborn on September 21, 2016, 07:50:23 PM

For a part I consider trading as gambling because of the risks that are almost the same, I think that gambling is similar to it, trading is risky and you can lose a lot of money.
Its maybe less more addictive but it has almost the same risks so..

No, the risk aren't the same as what gambling do have.

In trading you have the control over your money and when are you planning to sell the stocks or coins that you have, wherein it requires an analytical skills, thus making it less risky than gambling.

Gambling is completely based on the luck of the gambler, so the winnings and the chances of winning in their is also based on the luck.

that's the difference between the two because in trading you can choose which direction you want to move along even it is in a middle of the trade unlike in gambling when you are playing you are always hoping that you will win you dont have any control to minimize loses with trading you can always minimize your loses and bounce back choosing another trade.

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