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Topic: Gambling vs. "leveraged" trading - page 6. (Read 1365 times)

hero member
Activity: 1492
Merit: 763
Life is a taxable event
August 23, 2018, 10:53:01 AM
#63
I've never participated in leveraged trading. The end result is the same but it's not gambling in the same way that correlation does not equal causation.


In truth, if you're on some hot news that will shake up the price and you have a good understanding of the market, you could have the odds in your favor. For example, if you kept going long, you could have made a lot of money over time.


With gambling you'd just continually lose money day after day.
legendary
Activity: 1442
Merit: 1025
August 23, 2018, 10:29:44 AM
#62
Once you put in your money into something and you will earn in return from it. I think it slready called gambling since you do not have the assurance the return of youre money plus the profit unless you are too lucky but most of the time youll ended busted. In my opinion both can be considered as gambling.
Well, that is one way to put it but in another way, you really cannot compare gambling fully with trading but you can compare yourself trading to you gambling based on how you actually perceive trading. If you are trading with no strategy and all you do is gamble the possibility of where the position may fall to, then you are actually gambling, and in most cases some people with no knowledge even end up using a high leverage. Trading can be done with knowledge and that is what makes it entirely different from gambling.

I guess we had big topic here about gambling with borrowed money. I guess that has no big differences from leveraged trading.
Thank you for reminding us. The common thing among trader and gambler is, they always prefer to learn their lessons only from their own experience. Sadly, no discussion here may not helpful to both of them, Sad.
newbie
Activity: 2
Merit: 0
August 23, 2018, 07:32:24 AM
#61
When many people here are comparing trading with gambling, the margin trading must be a pure trading version of gambling. You cannot hold your positions if you have opted for higher leverages. You will get greedy when you will be set with more capital to trade compared to what you actually have.

I guess we had big topic here about gambling with borrowed money. I guess that has no big differences from leveraged trading.
newbie
Activity: 126
Merit: 0
August 17, 2018, 05:36:41 PM
#60
They really look same to me since losses are 100 percent when you miss on your 'bet', and the upside it that you get rewarded far beyond the normal trade. imagine a 100x leverage position
hero member
Activity: 1274
Merit: 622
August 17, 2018, 05:34:50 PM
#59
Recently I tried leveraged trading for the first time at Bitmex, and ended up in a loss. It seemed similar to a gamble, where you deposit, place a bet and either win (and double) or lose everything. In leveraged trading, if you deposit & place an order and it reaches your liquidation level, you lose everything.

Gambling can't be compared to regular trading, as in regular trading, you don't win much and don't lose much either. However, if you're trading with leverage, then that trading can be considered something similar to a gamble.
I agree that leveraged trading is almost as risky as gambling, it's just the possible profit that attracts people, but even a professional trader, as for me, can't make a 100% prediction. Sometimes one can say with a 70-80% probability that a certain cryptocurrency will increase, or decrease and whether it is better to sell now, or to buy. But guessing the exact price in a certain period of time - that's too risky and only the one who personally manipulates the price can know what will happen. I think leveraged trading should be done only with small amounts of money, due to the likely possibility of losing it all, unlike in a regular trading, where there are chances to recover your losses someday.
sr. member
Activity: 672
Merit: 250
August 14, 2018, 03:16:15 AM
#58
i have to disagree with you and apparently alot of users who also believe that gambling and margin trading are the same ! in gambling you most of the time have a 50% chance to win.However,in trading you can cut your losses and increase your chances as much as you can . don't enter a trade which you didn't analyze well with 100x leverage , try to be very picky when it comes to enter a trade with leverage and don't put ridiculous leverage stay with 10x and you will be fine.
Yes I also agree with you that there is a big difference between gambling and trading, we cannot compare leverage trading with gambling. In trading we can minimize our lost by wait for some time, even we cannot cut all our lost by invest more in a low price.
jr. member
Activity: 446
Merit: 5
Gamble Responsibly
July 27, 2018, 06:30:08 AM
#57
Recently I tried leveraged trading for the first time at Bitmex, and ended up in a loss. It seemed similar to a gamble, where you deposit, place a bet and either win (and double) or lose everything. In leveraged trading, if you deposit & place an order and it reaches your liquidation level, you lose everything.

Gambling can't be compared to regular trading, as in regular trading, you don't win much and don't lose much either. However, if you're trading with leverage, then that trading can be considered something similar to a gamble.

This looks similar to the "binary optinos" sites where you should bet on the Euro, Gold etc should go up or down...i wouldn't try it.
hero member
Activity: 2912
Merit: 541
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July 27, 2018, 04:05:30 AM
#56
my gambling is ended with losing my money but my leveraged trading in bitmex still continue and I don't have to close the trade because of I still in the profit mode. and from this, I think it is a different thing if we compare between gambling and leveraged trading because in gambling, we have a big chance to lose all money and in leveraged trading, we can recover our loss if we can make a good analyze. and so far, my leveraged trading still up and down and it's followed with bitcoin price Grin
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
July 26, 2018, 09:46:17 PM
#55
Base on what others said and others are saying, leveraged trading on bitmex are very very risky but can give you very high profit if you are a professional leveraged trader. I can say that leveraged trading is somewhat like gambling because if you don't know where will it move, you will lose all your money. I think before we do leverage trading in bitmex, we must try to do testing first. There is a website for that thou I don't know what it is.
It's better to gamble than leverage trading, the market might just shift any moment the chance of going up and down isn't close to 50% also. People have lost many funds in leverage trading, it's always better to practice first so you know what you are doing
When you are before many options and you have to make choice that what to do with all of this, then best is to opt for that choice that have least risk factor. There is always risk factor and loss so you can’t just get escape from it. Don’t try to be fool and don’t fool others as well. You can never make anything better in this gambling. No one ever have made so how can you come to this.

-Leveraged (specially heavily leveraged) trading leads to either a big profit or a big loss.
-Betting leads to either a big profit or a big loss.

How can you say that gambling has never made anybody a big profit?
Your point is very valid here. Gambling in any sense can cost you a lot of money or it can also give you huge profit. It can go either ways. The main word that should be noted here is if it will be consistent or not. And we must admit that making consistent profit from gambling is very hard. It is very hard but it can be achieved by those who are responsible enough to limit themselves to bet on games that have more chances of winning.
full member
Activity: 392
Merit: 101
July 26, 2018, 05:40:29 AM
#54
I don't they are any different... They are both gambling in someway, even though professionals use indicators and analysis, most of them are just gambling away their money, the thrill of seeing your money go exponentially up is very exhilarating, I think it is why most of them lose so much, since they engage in trading without discipline or proper training. 

Well... There are differences and similarities but at the end of the day it wouldn't be logical to consider them same.
full member
Activity: 448
Merit: 100
Arabic Translator
July 26, 2018, 12:15:49 AM
#53
i have to disagree with you and apparently alot of users who also believe that gambling and margin trading are the same ! in gambling you most of the time have a 50% chance to win.However,in trading you can cut your losses and increase your chances as much as you can . don't enter a trade which you didn't analyze well with 100x leverage , try to be very picky when it comes to enter a trade with leverage and don't put ridiculous leverage stay with 10x and you will be fine.
legendary
Activity: 3332
Merit: 1404
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July 25, 2018, 06:05:31 AM
#52
Recently I tried leveraged trading for the first time at Bitmex, and ended up in a loss. It seemed similar to a gamble, where you deposit, place a bet and either win (and double) or lose everything.
Gambling can't be compared to regular trading, as in regular trading, you don't win much and don't lose much either. However, if you're trading with leverage, then that trading can be considered something similar to a gamble.
Well, you can actually win a lot on usual cryptocurrency trading if you have big funds of your own. If you borrow money to invest it into something - it is very risky, because you can end up not only losing everything, but owing in addition to that. I wouldn't suggest to do that no matter what happens, just like gambling should be done with funds one is okay with losing.
How did you manage to lose everything, though, if cryptos never go 'busted' like during stock market simulation games. If you lost a big amount, but the coin is actually good, then you should keep holding it anyway. This is a major difference from gambling by the way, because if you bought a coin and the price dropped, at least you still have this coin and hope that it may rise again.
jr. member
Activity: 124
Merit: 2
July 25, 2018, 05:56:20 AM
#51
I don't they are any different... They are both gambling in someway, even though professionals use indicators and analysis, most of them are just gambling away their money, the thrill of seeing your money go exponentially up is very exhilarating, I think it is why most of them lose so much, since they engage in trading without discipline or proper training. 
Well although leveraging wouldn’t be a profitable scenario but still it is much better than this gambling. There is basic difference between trading and gambling and that is luck. You are totally dependent on your luck in gambling but you can utilize your skills that can make your results good. Don’t worry about trading, it definitely would be helping you in a better way.
newbie
Activity: 141
Merit: 0
July 25, 2018, 01:11:58 AM
#50
Base on what others said and others are saying, leveraged trading on bitmex are very very risky but can give you very high profit if you are a professional leveraged trader. I can say that leveraged trading is somewhat like gambling because if you don't know where will it move, you will lose all your money. I think before we do leverage trading in bitmex, we must try to do testing first. There is a website for that thou I don't know what it is.
It's better to gamble than leverage trading, the market might just shift any moment the chance of going up and down isn't close to 50% also. People have lost many funds in leverage trading, it's always better to practice first so you know what you are doing
When you are before many options and you have to make choice that what to do with all of this, then best is to opt for that choice that have least risk factor. There is always risk factor and loss so you can’t just get escape from it. Don’t try to be fool and don’t fool others as well. You can never make anything better in this gambling. No one ever have made so how can you come to this.
legendary
Activity: 1862
Merit: 1015
July 19, 2018, 11:18:35 AM
#49
Every gambling activity have their own risk so you need to be wise to choose that fit based on your need.
Personally, I'm never do any leveraged trading because for me , it's quite risky

I don't they are any different... They are both gambling in someway, even though professionals use indicators and analysis, most of them are just gambling away their money, the thrill of seeing your money go exponentially up is very exhilarating, I think it is why most of them lose so much, since they engage in trading without discipline or proper training. 

Especially gambling on crypto make far more risky !
sr. member
Activity: 647
Merit: 274
July 19, 2018, 11:02:06 AM
#48
I don't they are any different... They are both gambling in someway, even though professionals use indicators and analysis, most of them are just gambling away their money, the thrill of seeing your money go exponentially up is very exhilarating, I think it is why most of them lose so much, since they engage in trading without discipline or proper training. 
member
Activity: 81
Merit: 11
July 19, 2018, 02:13:25 AM
#47
In gambling there are only two faces to choose its either win or loose but in leverage or marginal trading aside from when or loose there is another thing called control and this is the strategies for trading applied in gambling you put your money on which side you are betting and you can't take control of that when the betting was placed unlike leverage trading you can take control of your money and when to decide for the right time to trade.
Don’t waste your powers here. Rather if you want to make good strategies and you want it to get fruits for you, best option is trading or investing.

But not gambling, not in any case. The reason behind this statement is, gambling is harmful and you can lose all what you have got right now. This is natural that human is greed to money so this greediness get over heated when you are in gambling.
There is no comparison between trading and gambling. Trading is a well reputed and profitable business while gambling is the way of losing money and respect as well. How can you compare gambling loss and trading loss? A gambler loses almost everything if he continues gambling but in trading a trader may earn a lot of money when he gets a chance.
hero member
Activity: 812
Merit: 510
July 17, 2018, 11:18:06 AM
#46
Base on what others said and others are saying, leveraged trading on bitmex are very very risky but can give you very high profit if you are a professional leveraged trader. I can say that leveraged trading is somewhat like gambling because if you don't know where will it move, you will lose all your money. I think before we do leverage trading in bitmex, we must try to do testing first. There is a website for that thou I don't know what it is.
It's better to gamble than leverage trading, the market might just shift any moment the chance of going up and down isn't close to 50% also. People have lost many funds in leverage trading, it's always better to practice first so you know what you are doing
sr. member
Activity: 1050
Merit: 251
July 17, 2018, 08:29:33 AM
#45
Gambling is basically either you will win or lose. In trading there is winning a bit, there is winning a lot,
there is losing a bit, there is losing a lot. I mean the chances are if you know how to trade than you will make good returns depending on your knowledge of the market. I feel like they are not even comparable. One is a job, the other is gambling. Trading is income of many people in our world (the crypto world) and they make a living of it, sometimes they win and sometimes they lose but if you are a good enough trader you end up on profit. Gambling is not a way to make a living.
Yeah win or lose is the main character of gambling specially for the people who need quick lucky profits. But if you're going to differentiate it with trading activities, which seemingly having comparisons with gambling due to risk involved. However you may lose all your bets in gambling, unlike with trading coins with lower value. You might be losing it but not totally wasting it, because minimal percentage will be loss if a coin will be sold earlier.
hero member
Activity: 1302
Merit: 540
July 17, 2018, 04:56:05 AM
#44
Base on what others said and others are saying, leveraged trading on bitmex are very very risky but can give you very high profit if you are a professional leveraged trader. I can say that leveraged trading is somewhat like gambling because if you don't know where will it move, you will lose all your money. I think before we do leverage trading in bitmex, we must try to do testing first. There is a website for that thou I don't know what it is.
From that point of view the advantage is you can have some basis if you do know how to assess and read some graphs there's some trace that will guide you to assess well before placing your investment, speculations and historical patterned can give good opinions unlike gambling where its base more on luck.
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