How is trading *not* gambling? - page 11.

revans

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Quote from: dawnasor on April 09, 2017, 08:54:50 AM

Quote from: gabbie2010 on April 08, 2017, 07:21:56 AM

Trading is different from gambling in trading you will learn technical and fundamental analysis with respect to trading unlike gambling which is like tossing of a coin.

Agreed.
Most of all gambling games is based on luck and we have more losses than winnings.
Unlike trading we have a control of our money flow.

Yeah making money from gambling will depend only on luck and no skills or strategy will help you in it but trading is far different and better way of earning money in compare to gambling as if you have good skills then you can make good profits from it.

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Quote from: gabbie2010 on April 08, 2017, 07:21:56 AM

Trading is different from gambling in trading you will learn technical and fundamental analysis with respect to trading unlike gambling which is like tossing of a coin.

Agreed.
Most of all gambling games is based on luck and we have more losses than winnings.
Unlike trading we have a control of our money flow.

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Quote from: Sled on April 08, 2017, 11:52:13 PM

Quote from: klf on April 08, 2017, 09:02:36 PM

Quote from: grandy on April 08, 2017, 07:42:15 PM

Quote from: daneranon89 on March 29, 2017, 10:34:44 AM

Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

i do not think that it is such a hard to explain, as the main difference between gambling and trading is that gambling is more risky than trading,

If people do the trading without any knowledge of trading then it is also similar to trading because they are just trading based on believe or luck. Gambling games are mainly for fun and entertainment so you need to spend money for these entertainments. If you manage trading well then you can surely make decent profits over the time but in gambling, it is not possible to make a profit in the longer run.

If those people are trading without any enough knowledge to do good trades then it is safe to say that they are gambling because they don't know what to do and they just go and go and buy and sell without great analysis. Trading is not a gambling if you know what you are doing and if you know how to make profit in a short or longer run of trades, it is all about knowledge and skills and also experience.

and this is why we need to learn to make analysis so our trading is not only gambling and we can determine in what range price we want to sell. this is works to when we want to buy the coins, we need to analyze the down trend and we need to place our buy order in price we want. don't be too greedy if we see that the price is increase, at least we can get profit, i think its enough and we can trying to do more with other coins.

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Quote from: klf on April 08, 2017, 09:02:36 PM

Quote from: grandy on April 08, 2017, 07:42:15 PM

Quote from: daneranon89 on March 29, 2017, 10:34:44 AM

Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

i do not think that it is such a hard to explain, as the main difference between gambling and trading is that gambling is more risky than trading,

If people do the trading without any knowledge of trading then it is also similar to trading because they are just trading based on believe or luck. Gambling games are mainly for fun and entertainment so you need to spend money for these entertainments. If you manage trading well then you can surely make decent profits over the time but in gambling, it is not possible to make a profit in the longer run.

If those people are trading without any enough knowledge to do good trades then it is safe to say that they are gambling because they don't know what to do and they just go and go and buy and sell without great analysis. Trading is not a gambling if you know what you are doing and if you know how to make profit in a short or longer run of trades, it is all about knowledge and skills and also experience.

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Quote from: grandy on April 08, 2017, 07:42:15 PM

Quote from: daneranon89 on March 29, 2017, 10:34:44 AM

Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

i do not think that it is such a hard to explain, as the main difference between gambling and trading is that gambling is more risky than trading,

If people do the trading without any knowledge of trading then it is also similar to trading because they are just trading based on believe or luck. Gambling games are mainly for fun and entertainment so you need to spend money for these entertainments. If you manage trading well then you can surely make decent profits over the time but in gambling, it is not possible to make a profit in the longer run.

grandy

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Quote from: daneranon89 on March 29, 2017, 10:34:44 AM

Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

i do not think that it is such a hard to explain, as the main difference between gambling and trading is that gambling is more risky than trading,

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Trading is different from gambling in trading you will learn technical and fundamental analysis with respect to trading unlike gambling which is like tossing of a coin.

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Quote from: cramcram21 on April 06, 2017, 12:44:39 PM

Well I don't really consider it as gambling if the traders are using its knowledge,
I mean we know that gambling is a game of luck while in trading you have to analyze it before getting into it or buying some.

If you think it through then you'll understand that there is analyzing in gambling also as well as need luck in trading.
If you want to have a certain chance of winning in gambling then you have to analyze what is going on. If you are betting then the analyzing part is more with statistics and all.
I have personally feel lucky when it comes to trading, I have got some good pumps when predicted and dumps when I wanted to buy..

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Quote from: barbara44 on April 06, 2017, 02:08:33 AM

Quote from: lionheart78 on April 04, 2017, 07:05:58 PM

Quote from: daneranon89 on March 29, 2017, 10:34:44 AM

Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

It is not hard to differentiate trading from gambling. Trading have controlled risk, you can even nullify it, and if in case trade market of your stocks is not good, you can always cut losses or even profit from the fluctuation while doing your exit move. While gambling once you bet and the roll is executed, you cannot do anything about it but to wait on the result. You cannot cut your loses and it is dependent on its internal settings.

But when people want to try gambling with few aspects of trading they do get confused between trading and gambling. Because few strategies suggest us to go gambling with calculated risk and predetermined loss levels.

These are for controlling your losses in gambling still gambling could never become similar to trading to get good results from it.

Yes when people who are trying to find their luck trading, I too believe this must be misinterpretation between gambling and trading.

When they learn about the possibilities profit making with trading and how the basics of trading works, then they will never try trading with their luck. I'm very much sure that trading will never get good results when we are trying it with our luck. We must do trading only in a proper way, trying different things may work sometimes but not in long-term basis.

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Well I don't really consider it as gambling if the traders are using its knowledge,
I mean we know that gambling is a game of luck while in trading you have to analyze it before getting into it or buying some.

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Quote from: delliaerd on April 06, 2017, 12:19:34 PM

Quote from: the.scientist on April 05, 2017, 06:13:14 AM

There are very few elements in gambling that resemble those you'll see in trading. In gambling there are a lot of variables that you can not control... This makes things difficult when it comes to creating and applying strategies.

I think for people who do not want to really learn about trading then he will only make trades like gambling, so he does not do technical analysis or fundamental. if these are left out then we will not know the limits of motion of a price, and estimated the price movement. Another important thing is that we must develop a trading plan, due to the success it was planned and not a miracle.

If with gambling we shouldn't have the skill or analysis such as technical or fundamental analysis.
Gambling just need luck or a miracle to always be winner. While in trading we
must be able to mastering any analysis as above. Without having any technical
or fundamental analysis then it will be the same as gamble.

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Quote from: mk3000 on January 19, 2017, 07:43:55 PM

How different is trading from just gambling? I know there seems to be a big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?

I think the difference is in the fact that gambling can be completelely random in the results and you can't do research or study the roulette table to improve results. In trading, you can study the charts and pay attention to the news to make an informed decision.

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Quote from: the.scientist on April 05, 2017, 06:13:14 AM

There are very few elements in gambling that resemble those you'll see in trading. In gambling there are a lot of variables that you can not control... This makes things difficult when it comes to creating and applying strategies.

I think for people who do not want to really learn about trading then he will only make trades like gambling, so he does not do technical analysis or fundamental. if these are left out then we will not know the limits of motion of a price, and estimated the price movement. Another important thing is that we must develop a trading plan, due to the success it was planned and not a miracle.

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Quote from: lionheart78 on April 04, 2017, 07:05:58 PM

Quote from: daneranon89 on March 29, 2017, 10:34:44 AM

Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

It is not hard to differentiate trading from gambling. Trading have controlled risk, you can even nullify it, and if in case trade market of your stocks is not good, you can always cut losses or even profit from the fluctuation while doing your exit move. While gambling once you bet and the roll is executed, you cannot do anything about it but to wait on the result. You cannot cut your loses and it is dependent on its internal settings.

But when people want to try gambling with few aspects of trading they do get confused between trading and gambling. Because few strategies suggest us to go gambling with calculated risk and predetermined loss levels.

These are for controlling your losses in gambling still gambling could never become similar to trading to get good results from it.

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Quote from: lionheart78 on April 04, 2017, 07:05:58 PM

Quote from: daneranon89 on March 29, 2017, 10:34:44 AM

Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

It is not hard to differentiate trading from gambling. Trading have controlled risk, you can even nullify it, and if in case trade market of your stocks is not good, you can always cut losses or even profit from the fluctuation while doing your exit move. While gambling once you bet and the roll is executed, you cannot do anything about it but to wait on the result. You cannot cut your loses and it is dependent on its internal settings.

In trading also, once we open positions and you could not do anything with it other than just waiting for the exit points (either with profits or losses). Yes only till entering into a position, we will be having all the control like when to enter /at which price levels to enter.

I believe there are similar aspect between when trading and gambling but trading could never become gambling, but few traders are going for throwing blind balls by imagining trading is another variation of gambling.

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Quote from: Sled on April 05, 2017, 07:16:55 AM

Quote from: zidanw on April 05, 2017, 06:08:54 AM

Quote from: mk3000 on January 19, 2017, 07:43:55 PM

How different is trading from just gambling? I know there seems to be a big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?

trading more sense than gambling and we can minimize the loss in trading. gambling is more to the game that relies on pure luck but in trading is calculation.

That is the main difference between gambling and trading is the availability for you to control the game. If you do gambling then you are just a person or a tester and just depending in your luck and the system that is applied while in trading you can control your performance by doing analysis and because of your experience you will earn more bitcoin than in gambling with just based in luck.

On most cases gambling does really fully rely on luck when we are basing on pure luck games but there are still games which do also need analysis but still needs luck same on trading it does still need luck but mostly on skill you do have.We cant control both sides gambling=luck, trading=price movement/analysis.

Sled

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Quote from: zidanw on April 05, 2017, 06:08:54 AM

Quote from: mk3000 on January 19, 2017, 07:43:55 PM

How different is trading from just gambling? I know there seems to be a big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?

trading more sense than gambling and we can minimize the loss in trading. gambling is more to the game that relies on pure luck but in trading is calculation.

That is the main difference between gambling and trading is the availability for you to control the game. If you do gambling then you are just a person or a tester and just depending in your luck and the system that is applied while in trading you can control your performance by doing analysis and because of your experience you will earn more bitcoin than in gambling with just based in luck.

the.scientist

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There are very few elements in gambling that resemble those you'll see in trading. In gambling there are a lot of variables that you can not control... This makes things difficult when it comes to creating and applying strategies.

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Quote from: mk3000 on January 19, 2017, 07:43:55 PM

How different is trading from just gambling? I know there seems to be a big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?

trading more sense than gambling and we can minimize the loss in trading. gambling is more to the game that relies on pure luck but in trading is calculation.

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Quote from: lionheart78 on April 04, 2017, 07:05:58 PM

Quote from: daneranon89 on March 29, 2017, 10:34:44 AM

Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

It is not hard to differentiate trading from gambling. Trading have controlled risk, you can even nullify it, and if in case trade market of your stocks is not good, you can always cut losses or even profit from the fluctuation while doing your exit move. While gambling once you bet and the roll is executed, you cannot do anything about it but to wait on the result. You cannot cut your loses and it is dependent on its internal settings.

Trading's risk can't actually be controlled since market is unpredictable same as gambling that you will wait until your bet won. They differ simply in once description. Trading's probability of winning is upon the market or a currency while gambling is upon the probability of winning between the house edge and a player.

Topic: How is trading *not* gambling? - page 11. (Read 23340 times)

Topic: How is trading not gambling? - page 11. (Read 23340 times)