How is trading *not* gambling? - page 18.

justdimin

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Quote from: wintermeasures on March 05, 2017, 11:21:14 PM

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 Can Never Be Same as Gambling Because Gambling is Just a Shit Game Based on Your Luck and You Don't Need any Technical Knowledge and Experience in it But On the Other Hand In Trading You Need to Use Your Knowledge and Experience to Make Profit From Your Invested Money.......

It is not really just based on luck is gambling because there are guys who apply certain strategies in gambling also and come up with profit. While trading requires skill but at the same time the biggest factor in trading is again luck !

But been all said and discussed gambling just makes you addicted and hence some desperation which is never good while risking money.

gribble

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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?

Also on trading there is other method analysis fundamental and not analysis technical only, that is first different between trading and gambling, there are method for make prediction of price and the method had been used by all of professional traders in the world, there are not method for win on gambling game, the other different on trading we can do stop lost if the price against our prediction and I don't know there is stop lost in gambling.

JeffBrad12

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Quote from: wintermeasures on March 05, 2017, 11:21:14 PM

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 Can Never Be Same as Gambling Because Gambling is Just a Shit Game Based on Your Luck and You Don't Need any Technical Knowledge and Experience in it But On the Other Hand In Trading You Need to Use Your Knowledge and Experience to Make Profit From Your Invested Money.......

All of the traders are betting on the 11 march, and will it become the good day or bad day for all of the bitcoin users. I think there is a little chance the trading be compliance with gambling. This is a fact.

jossiel

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Quote from: Red-Apple on March 04, 2017, 08:01:12 AM

Quote from: jossiel on March 04, 2017, 05:56:14 AM

Quote from: onrise on March 04, 2017, 05:02:59 AM

Trading - It means buying and selling. It does not mean that you buy something and either you get the payment double or as per ratio or does not get it. i.e what the difference is about.

In Gambling generally in roulette, computer games you do not require any skills only luck to win it. While in trading you need to spot the opportunity, holding time if price is rising etc and sell it appropriately to get profit.

Well that's a good differentiation between trading and gambling. I think that why many are being mislead that trading is gambling because of the risk it has.

They are comparing and thinking that it is the same because it has the same thing. But they are not bearing in their minds that it's actually different.

Gambling is all about wagering and trading is far from it.

they actually think this way because they have nothing to compare it to. for example if they could see someone actually trade and be successful like by following him or seeing in real life they wouldn't call it as gambling anymore. and these people are usually too lazy to learn anything anyways and they just want easy money buy investing and taking millions the next day!

Oh well, that's the main thing why people are gambling. They think that it will be the easiest and fastest way of earning and thanks for adding that.

While in trading, it takes time before you will get some good profit maybe there are times that the transition is very fast.

But time is required in doing some trades while in gambling it doesn't need time instead it makes you on haste when gambling.

batang_bitcoin

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Quote from: mega on March 05, 2017, 05:05:32 PM

Quote from: batang_bitcoin on March 05, 2017, 01:43:22 PM

Quote from: BTCmax24 on March 05, 2017, 10:14:30 AM

In gambling it not requires research and analysis but in trading it requires you that.

Wrong, there is gambling game that is requiring it's gamblers to do so or maybe also optional. But that's normal in sports betting most of the gamblers will always do some research for it because we know that those gamblers wants to make sure on what they've been doing. Trading is good for young professionals and gambler is good for those happy go lucky and want it fast.

You can make good profits in sports betting if you have good knowledge about that particular sport and if you do certain level of research and good strategy can help you in making some descent profits and there are many full time gamblers that are earning a living from gambling but it may not be possible for all to depend only on gambling as it involves great level of research and also a huge risk of loosing money.

I know it is one of the way to have good winnings if you are good at it. But I don't prefer to make that as my good source of profit. I'd rather go with trading and it's more even good to be called as a trader not a gambler. Since I'm not that too active with gambling anymore, I'd go with trading and the society looks at it as more reliable and good way of earning.

numanoid

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Quote from: wintermeasures on March 05, 2017, 11:21:14 PM

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 Can Never Be Same as Gambling Because Gambling is Just a Shit Game Based on Your Luck and You Don't Need any Technical Knowledge and Experience in it But On the Other Hand In Trading You Need to Use Your Knowledge and Experience to Make Profit From Your Invested Money.......

"gambling is just a shit game" it means the one who promote it (you) is worse than shit Tongue

Both trading and gambling are need luck, no matter how skilled you are. The only one thing makes trading is not gambling just you can learn something from trading, and you can't lose all of your money when you trading.

wintermeasures

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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 Can Never Be Same as Gambling Because Gambling is Just a Shit Game Based on Your Luck and You Don't Need any Technical Knowledge and Experience in it But On the Other Hand In Trading You Need to Use Your Knowledge and Experience to Make Profit From Your Invested Money.......

NoNetwork

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Quote from: BTCmax24 on March 05, 2017, 10:14:30 AM

In gambling it not requires research and analysis but in trading it requires you that.

It also requires you trusting the other side so the trading can go smoothly.

batang_bitcoin

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Quote from: BTCmax24 on March 05, 2017, 10:14:30 AM

In gambling it not requires research and analysis but in trading it requires you that.

Wrong, there is gambling game that is requiring it's gamblers to do so or maybe also optional. But that's normal in sports betting most of the gamblers will always do some research for it because we know that those gamblers wants to make sure on what they've been doing. Trading is good for young professionals and gambler is good for those happy go lucky and want it fast.

mega

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Quote from: batang_bitcoin on March 05, 2017, 01:43:22 PM

Quote from: BTCmax24 on March 05, 2017, 10:14:30 AM

In gambling it not requires research and analysis but in trading it requires you that.

Wrong, there is gambling game that is requiring it's gamblers to do so or maybe also optional. But that's normal in sports betting most of the gamblers will always do some research for it because we know that those gamblers wants to make sure on what they've been doing. Trading is good for young professionals and gambler is good for those happy go lucky and want it fast.

You can make good profits in sports betting if you have good knowledge about that particular sport and if you do certain level of research and good strategy can help you in making some descent profits and there are many full time gamblers that are earning a living from gambling but it may not be possible for all to depend only on gambling as it involves great level of research and also a huge risk of loosing money.

fullypak

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Quote from: noormcs5 on March 05, 2017, 09:56:04 AM

Firstly, we should see which these points are same here in gambling and trading,
1. Invest money
2. Take the risk.
3. Luck
If we use our mind than we know all business are same, we use money and take risk and if we use our skills than it is chance we could earn more. Otherwise if we are lucky than luck wise we could earn more. So i don't think that trading and gambling similar.
Gambling gives us fun and trading is a kind of business.

Nope, the gambling will give both fun and profit. And Trading is just a business to make money. But the risk is same in both trading and gambling. You have to invest money to make a profit. But in trading at least you will have hope that you can make a profit, In gambling, this type of confidence will never come this purely depends on your luck. Even skill base games also base on your luck.

Victorycoin

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Quote from: Sled on March 04, 2017, 05:55:29 PM

We can't deny that trading is also part of gambling because i know in gambling, you need to risk an amount or part of your own money to get something more and that was also applied in trading. Trading requires money and you need to risk your own money in order to earn more just like gambling sites does.

The logic that you risk money in gambling as well as in trading doesn't in any way make them one and same as we know natural nature itself does not support vacuum, we have to sow a seed for instance to be able to harvest multiples of that seed. So that makes everything about life a risk, however somethings are riskier and some are even hopeless. Yes trading has its own share of risks, but it is certainly not a dead end as much as is gambling - yet to hear of any trader taking their life over trades gone wrong as is common among gamblers.

terrate

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i reply a genuine to u .

trading ppl cant go gambling
gambling ppl can go trading

If u have a big capital, your trading can put long position to earn the real main income
If small capital, u can just earn a little money or if u want earn real money u need to risk more.

So, the main element of do the long term trading is capital. yes, u cant take out the money also.
U need a reliable broker even low bonus because your money u need to protect.

If u starter of trading, u maybe find other "guru" (teacher), make sure to do portfolio and the $ to follow them.
Do your trading research and make sure you are a long term or short term type. And also FA / TA (financial or technical analysis)

above is my experience trading forex / CFD ...but maybe not on altcoin/btc. (i just aware i type so many on that)

BTCmax24

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In gambling it not requires research and analysis but in trading it requires you that.

noormcs5

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Firstly, we should see which these points are same here in gambling and trading,
1. Invest money
2. Take the risk.
3. Luck
If we use our mind than we know all business are same, we use money and take risk and if we use our skills than it is chance we could earn more. Otherwise if we are lucky than luck wise we could earn more. So i don't think that trading and gambling similar.
Gambling give us fun and trading is a kind of business.

boumalo

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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?

Not completely random and you can be ev>0 in many cases especially since it's not always a zero sum game.

Sled

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Quote from: Luke2939 on March 04, 2017, 11:05:52 PM

There are some differences and reasons as to why trading is not gambling. To start with, you cannot control your losses in gambling but you can in trading by having stop-loss order. And you should be gambling mainly for fun and not for money. Money should come second in gambling. However, in trading you do it for money and fun part comes second.

Even though you can control your losses in trading it is still a gambling because there is money involved and also risk that can make you loss money. I believe that if there is a risk involve in a source of income then it is kind of gambling.

Luke2939

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There are some differences and reasons as to why trading is not gambling. To start with, you cannot control your losses in gambling but you can in trading by having stop-loss order. And you should be gambling mainly for fun and not for money. Money should come second in gambling. However, in trading you do it for money and fun part comes second.

JeffBrad12

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Quote from: Sled on March 04, 2017, 05:55:29 PM

We can't deny that trading is also part of gambling because i know in gambling, you need to risk an amount or part of your own money to get something more and that was also applied in trading. Trading requires money and you need to risk your own money in order to earn more just like gambling sites does.

And i guess I can't lose all of my money with a single click. It looks like trade a commodity in our life. Profit or loss are usual things.

bitbob82

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Quote from: sevendust777 on March 04, 2017, 01:40:50 PM

Trading we can consider as gambling, you gamble your funds or take a risks in trading in any investment. Gambling its like you want to entertain a couple of time, minutes, everyday or day by day. However, trading and gambling is risks wether you may win or loose at all.

no we cannot consider trading as gambling. there is a big difference between the two. in gambling we do not need for any experience and skill. while in trading you need to be a good trader and you can only be a good trader if you do not have any experience and skill in trading.

Topic: How is trading *not* gambling? - page 18. (Read 23377 times)

Topic: How is trading not gambling? - page 18. (Read 23377 times)