Topic: Gambling vs. "leveraged" trading - page 6. (Read 1336 times)
It has similarities as you don't have full control over leveraged trading either. But leveraged trading is not based on pure luck like most of the gambling games. I don't think it could be considered as gambling.
First You need to know what your dealing with, isn't just a gamble. But a market trading economy that can shift up and down randomly.
Consider you have the knowledge about some crypto and that has a high 24h volume on exchanges.
Also if it has alot of activities (tradings). Else its a dead coin.
There are some guides from Doug Polk, you should check them out.
Consider you have the knowledge about some crypto and that has a high 24h volume on exchanges.
Also if it has alot of activities (tradings). Else its a dead coin.
There are some guides from Doug Polk, you should check them out.
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.
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.
You're mixing market manipulation (insider trading) with normal trading. If you are onto some rare news that only a few people know about you are an insider. Just like you would be if someone from the SEC were to tell you that they are planning to allow CBOE ETF next month and you went on and invested everything. It's against the law.
If you trade like a normal person you can never know what's going to happen. For instance when Winklevoss ETF got rejected the price went down, but today a number of ETFs met the same fate and the price didn't budge. Trading is just a more fancy type of gambling.
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.
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.
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, 
.
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.
I guess we had big topic here about gambling with borrowed money. I guess that has no big differences from leveraged trading.
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
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. 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 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.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.
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.
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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 
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-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?
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-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?
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.
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.
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.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.
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.
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. 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
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
Especially gambling on crypto make far more risky !
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 !
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.
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