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Topic: How is trading *not* gambling? - page 12. (Read 23376 times)

legendary
Activity: 2954
Merit: 1153
April 04, 2017, 07:05:58 PM
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.
hero member
Activity: 924
Merit: 500
April 04, 2017, 04:33:33 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?
If you really wanna learn the basic trading here is the link for you to explore your idea about it just click this link https://bitcointalksearch.org/topic/m.11085774 because trading is not gambling that depending in luck most of the time.
full member
Activity: 210
Merit: 100
True Flip ICO: 28 of June 2017
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.
sr. member
Activity: 406
Merit: 250
March 29, 2017, 10:15:43 AM
Trading is based on skills and not luck the more skills you develop the more profits you can make in trading and gambling is exactly opposite to it as there is no room for improvement of development of skills and your luck will only determine your results.
sr. member
Activity: 1428
Merit: 308
March 29, 2017, 10:02:46 AM
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?
There big differences because trading is where you do an exchange of product or something which both parties will benefit eventhough the turn out sometimes didn't meet the expectations of both parties. While in gambling those operators are the one who benefits more than the player who gambles
legendary
Activity: 1442
Merit: 1025
March 29, 2017, 09:20:44 AM
Trading needs a lot of effort and some user treats it as a job and gambling is only for players who are looking for fun and entertainment. In making trades, it takes time before you can see the results unlike in gambling you will know either you are win or lose instantly.
I agree with you . gambling game has a purpose as a pleasure. while trading is a job to generate profits.
there are some very strong differences between gambling with trading.
There are many variations of gambling which are probably capable of generating profits for you. Sports betting must be one of them. Many gamblers have proved that sports betting is very much similar to trading.
Unfortunately some people are doing trading like gambling. That is really pathetic. Maybe lack of knowledge about how to do trading is the reason why they are considering trading similar to gambling.
legendary
Activity: 1414
Merit: 1001
March 29, 2017, 09:08:23 AM
Trading needs a lot of effort and some user treats it as a job and gambling is only for players who are looking for fun and entertainment. In making trades, it takes time before you can see the results unlike in gambling you will know either you are win or lose instantly.
I agree with you . gambling game has a purpose as a pleasure. while trading is a job to generate profits.
there are some very strong differences between gambling with trading.
sr. member
Activity: 476
Merit: 250
March 29, 2017, 08:37:22 AM
Trading needs a lot of effort and some user treats it as a job and gambling is only for players who are looking for fun and entertainment. In making trades, it takes time before you can see the results unlike in gambling you will know either you are win or lose instantly.

Gambling will give you results on the spot but in trading you have to wait longer to make profits but its worth to wait instead of loosing money instantly in gambling and gambling is only good if its only for fun and that also with a small amount that we can afford to loose.
hero member
Activity: 2464
Merit: 594
Bitcoin Casino Est. 2013
March 29, 2017, 08:17:07 AM
Trading needs a lot of effort and some user treats it as a job and gambling is only for players who are looking for fun and entertainment. In making trades, it takes time before you can see the results unlike in gambling you will know either you are win or lose instantly.
hero member
Activity: 910
Merit: 500
March 29, 2017, 07:23:51 AM
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?
Gambling and Trading don't have different but they had similarity that you always risk your money there to gained profit. Imo the big difference in gambling is where you can earn in a minute with 10x profit while in trading you will choice where you want your money to be in long term investment or short term trading.
i think trading and gambling are two different things. to me gambling is more risky as compare to trading, because in gambling we do not need for any experience, while in trading we need to have good experience and knowledge about trading and only then we can show good result in trading.

Yes trading and gambling are different from each and trading is a better way to earn money in compare to gambling as in gambling you can get profits only if you are lucky on that day and no strategy or experience can help you in gambling.
jr. member
Activity: 224
Merit: 1
March 29, 2017, 07:11:22 AM
It is rather dependent on how you define gambling. I think gambling as an activity in which player doesn't have any edge against competitor, and trading as activity in which player has calculated edge against competitor. So while both games operated with same principle, but the players don't have same odds of winning

That's the best description, as for me.
Although, to many people both sound similar due to risk. Both sound like a superpower to me, because to succeed you need to have quite a bit of knowledge and good analytical skills with experience on top of that.
full member
Activity: 168
Merit: 100
March 27, 2017, 10:24:24 AM
It is rather dependent on how you define gambling. I think gambling as an activity in which player doesn't have any edge against competitor, and trading as activity in which player has calculated edge against competitor. So while both games operated with same principle, but the players don't have same odds of winning
hero member
Activity: 588
Merit: 500
March 27, 2017, 02:36:20 AM
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?
Gambling and Trading don't have different but they had similarity that you always risk your money there to gained profit. Imo the big difference in gambling is where you can earn in a minute with 10x profit while in trading you will choice where you want your money to be in long term investment or short term trading.
i think trading and gambling are two different things. to me gambling is more risky as compare to trading, because in gambling we do not need for any experience, while in trading we need to have good experience and knowledge about trading and only then we can show good result in trading.
hero member
Activity: 3122
Merit: 672
www.Crypto.Games: Multiple coins, multiple games
March 27, 2017, 12:12:29 AM
Trading is entirely different from gambling, in trading technical  and fundamental analysis  is considered most and in trading that requires candlesticks the knowledge in candlesticks pattern will in a long run helps to determine when to buy and when to sell. unlike gambling which is 50:50.
yes i am also agree with you, trading is different from gambling, in trading we need some good experience and knowledge with good skill of trading. while in gambling in most of gambling games we do not need for any experience.
You'll be able to learn that along the way, trading gives you an advantage if you are doing it longer while gambling does not, at least that is based
on my experience. Been gambling for many years and I have not seen a good improvement of my fiances, in fact I face the opposite and I have
no choice but to accept it, however in trading it's completely a different story as if you are good in analyzing trends and speculation, you'll fit in here.
Trading require a skill and depends on how well you know what are you trading, trading requires you to be patient focused and well aware of the market, unlike gambling which only depends on luck and luck only, trading may have some luck into it but I would say that luck does not play a big part in it.

Sometimes trading will require luck factor too. But our strategy will minimize the requirement of luck factor. When we are having weak strategy then only through luck we could save ourselves in trading.
hero member
Activity: 3038
Merit: 647
Live with peace and enjoy life!
March 26, 2017, 07:01:08 PM
Trading is entirely different from gambling, in trading technical  and fundamental analysis  is considered most and in trading that requires candlesticks the knowledge in candlesticks pattern will in a long run helps to determine when to buy and when to sell. unlike gambling which is 50:50.
yes i am also agree with you, trading is different from gambling, in trading we need some good experience and knowledge with good skill of trading. while in gambling in most of gambling games we do not need for any experience.
You'll be able to learn that along the way, trading gives you an advantage if you are doing it longer while gambling does not, at least that is based
on my experience. Been gambling for many years and I have not seen a good improvement of my fiances, in fact I face the opposite and I have
no choice but to accept it, however in trading it's completely a different story as if you are good in analyzing trends and speculation, you'll fit in here.
hero member
Activity: 504
Merit: 500
March 26, 2017, 06:10:27 PM
Trading is entirely different from gambling, in trading technical  and fundamental analysis  is considered most and in trading that requires candlesticks the knowledge in candlesticks pattern will in a long run helps to determine when to buy and when to sell. unlike gambling which is 50:50.
yes i am also agree with you, trading is different from gambling, in trading we need some good experience and knowledge with good skill of trading. while in gambling in most of gambling games we do not need for any experience.
hero member
Activity: 2170
Merit: 530
March 26, 2017, 09:58:07 AM
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?
Gambling and Trading don't have different but they had similarity that you always risk your money there to gained profit. Imo the big difference in gambling is where you can earn in a minute with 10x profit while in trading you will choice where you want your money to be in long term investment or short term trading.
legendary
Activity: 3094
Merit: 1127
March 26, 2017, 09:48:12 AM
Trading is entirely different from gambling, in trading technical  and fundamental analysis  is considered most and in trading that requires candlesticks the knowledge in candlesticks pattern will in a long run helps to determine when to buy and when to sell. unlike gambling which is 50:50.
yes i am agree with you that there is such a big difference between gambling and trading. as trading is less risky than gambling, because in trading we have a little advantage to use our experience and skill. while in gambling you totally depend on our luck.
In most cases trading is really better than gambling but its not easy to do or learn on a short period of time but once you already got the idea or learning on trading then its really an advantage for you.There are gambling games which can be possibly learn like on sports betting but still i would stick on trading.
sr. member
Activity: 952
Merit: 250
March 26, 2017, 08:44:59 AM
Most of people says trading is also a gambling but for me they are different because if you do trading even if the price will dump you can wait till the price will pump unlike gambling you can't control your money if you lose that's it.
hero member
Activity: 630
Merit: 500
March 25, 2017, 04:01:32 PM
Trading is entirely different from gambling, in trading technical  and fundamental analysis  is considered most and in trading that requires candlesticks the knowledge in candlesticks pattern will in a long run helps to determine when to buy and when to sell. unlike gambling which is 50:50.
yes i am agree with you that there is such a big difference between gambling and trading. as trading is less risky than gambling, because in trading we have a little advantage to use our experience and skill. while in gambling you totally depend on our luck.
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