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Topic: How is trading *not* gambling? - page 20. (Read 23377 times)

hero member
Activity: 966
Merit: 517
January 28, 2017, 11:16:59 AM
Everything is a gamble. Everything you do is a function of perceived risk, vs perceived reward. The things that go into the equation are your level of skill and ability can lower the risk.  Getting in a car and driving is a gamble. But most people would consider the risk so low the reward for using a car far outweigh the risk.

You are trying to say that life is gambling or you are trying to say that taking a risk is gambling which is wrong. It is right that life is full of risks but it is also right that if a person will worry about these risks then he will not be able to survive in this world while if a person will have knowledge about any field which every person have in some field then he will survive happily and if a person will go to a way which is not for him then he will fail so gambling is a field where no one is fitted in there and so no one know that e will go to success or not so there is differences in life and gambling.
sr. member
Activity: 350
Merit: 250
January 28, 2017, 11:13:37 AM
Both trading and gambling involves risks that what make them no different from each other but if you really want some profit as long as you do your research before investing in a coin I will go to trading ! My money will not sleep in trading and the chances of how big your profit is limitless
sr. member
Activity: 462
Merit: 250
January 28, 2017, 11:07:10 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?

trading and gambling almost in same path. For some people, if they can't trading so they choose gambling. In a trading, if you lazy to read news or doing technical analysis you will gambling
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
January 28, 2017, 10:33:08 AM
most people think only because they don't understand what is happening, then it must be random and this in not just about trading and gambling but in many other things in life, some people are too close minded.
you should first do some research, study and then see how others are doing it and then say it is a gamble aka random.
sr. member
Activity: 291
Merit: 250
Ezekiel 34:11, John 10:25-30
January 28, 2017, 10:14:31 AM
Everything is a gamble. Everything you do is a function of perceived risk, vs perceived reward. The things that go into the equation are your level of skill and ability can lower the risk.  Getting in a car and driving is a gamble. But most people would consider the risk so low the reward for using a car far outweigh the risk.
hero member
Activity: 924
Merit: 506
January 28, 2017, 09:14:53 AM
About that, well look son in gambling people ought to take away your money from you by different tactics and methods and you are willingly giving them your money but they are still providing some odds, while in trading you ought to lose your money without knowing your odds.
Simply you are against thousands in trading unlike gambling only you have one opponent.
hero member
Activity: 798
Merit: 503
January 28, 2017, 08:43:21 AM
In as much as trading and gambling are closely related since its both putting money in an activity and expecting a return, it does not mean they are the same simply because of the rate of risk attached to each. In the case of gambling there is no control whatsoever in losing. When you lose it happens once but not same way with trading as I am at liberty to mange such loses to my bearable ability...
legendary
Activity: 2758
Merit: 1228
January 28, 2017, 07:45:12 AM
funny thing is that strategy does not work all the time, this mean that there is a certain % of loss which is not insignificant

trading is gambling simply because of this not insignificant % of loss, when someone say that you can be 55% + ev in the long term he is actually saying that he is gambling, no real difference

because there is also no guaranteed that the 55% as an example will stay there forever

Guaranteed profits don't exist, so yes, you can't expect to make a certain amount of profits every year. You'll make what you make, where at the end of the year you'll see how much profit you actually gained. Point is that if you know what you do, that you can create a profit buffer with the right trades that you make. This buffer will be sufficient enough to catch up occasional losses by trades gone wrong since you can't predict the market. I am of course referring to trading Bitcoin and not altcoins. Altcoins fit in a totally different category, which I personally believe is in fact very close to gambling.

Having a chance to lose doesn't make it gambling, having a huge uncertainty doesn't make it gambling either. In casino gambling you are an underdog, in trading  you can have a positive expectation.

we have separate thoughs about this one but in my own opinion trading still a gambling why? Its because we are putting our money in a platform where we have a high chance that we can lose some money in a single mistake, casino games doesn't tell that this the only gambling platform since in every move we made i theres a risk behiding it can be called gambling also, thats why i conclude that platform that we are talking about here is yet can be called gambling.
hero member
Activity: 3164
Merit: 660
Live with peace and enjoy life!
January 28, 2017, 07:08:54 AM
I have been a trader for more than five years and I still have not found the relationship between gambling and trading in my ordinary activity.

At least my personal strategy in trading depends  solely on calculations, statistics and strong money management, so the possibility of  losing money has been completely removed from my trading routine because I do not like to depend on good luck to generate stable incomes.

funny thing is that strategy does not work all the time, this mean that there is a certain % of loss which is not insignificant

trading is gambling simply because of this not insignificant % of loss, when someone say that you can be 55% + ev in the long term he is actually saying that he is gambling, no real difference

because there is also no guaranteed that the 55% as an example will stay there forever

If you take things that way then we can say everything here in  life is gamble and the way we process things is gambling.  From your definition, it is also apply in life, there is no certainty in the future even when you apply for job is it gambling too?  When you invest in a business, is it gambling too?  Taking your concept, yes they are gambling.  So my question will be what is not gambling?
Gamble and gambling has definitely a different meaning, all in life is gambling but it's not gambling. We are gambling when we use money to gamble on the possible outcome and that is what we are doing in online casinos and other gambling related sites.
Life is a gamble in the first place as we all take risk since we do not know the future.
sr. member
Activity: 1372
Merit: 269
★Bitvest.io★ Play Plinko or Invest!
January 28, 2017, 06:14:29 AM
I have been a trader for more than five years and I still have not found the relationship between gambling and trading in my ordinary activity.

At least my personal strategy in trading depends  solely on calculations, statistics and strong money management, so the possibility of  losing money has been completely removed from my trading routine because I do not like to depend on good luck to generate stable incomes.

funny thing is that strategy does not work all the time, this mean that there is a certain % of loss which is not insignificant

trading is gambling simply because of this not insignificant % of loss, when someone say that you can be 55% + ev in the long term he is actually saying that he is gambling, no real difference

because there is also no guaranteed that the 55% as an example will stay there forever

If you take things that way then we can say everything here in  life is gamble and the way we process things is gambling.  From your definition, it is also apply in life, there is no certainty in the future even when you apply for job is it gambling too?  When you invest in a business, is it gambling too?  Taking your concept, yes they are gambling.  So my question will be what is not gambling?
hero member
Activity: 686
Merit: 500
January 28, 2017, 05:36:47 AM
On my opinion trading is better than gambling. There are more people who make profit with trading because it's not only luck to make money. There are a lot of gambling strategies and bots or scripts but at the end of the day, the bank wins. In trading you must invest more time but you can make more profit from it. There are some good trading bots or tools who help you to make trading easier. There isn't always a guarantee to make profit but the chance is higher.
legendary
Activity: 1218
Merit: 1000
January 28, 2017, 05:29:40 AM
If you trades doesnt have any plans or strategies that is being used then trading would really be considered as gambling since you are risking your money randomly.
Trading does really require technical analysis and other stuffs for you to able to be profitable with it.
But we can see lot of people are struggling to develop their gambling strategies and plans to get success there, I mean to say gambling also can have plans and strategies. But, trading can not be profitable without plans whereas gambling will be. Trading and gambling has many common characteristics. I guess it would be too hard to differentiate them exactly.
There are many gamblers who speaks of "a strategy that has proven" to profit, this is just nonsense. All gambling involves games of chance. In gambling, the possibility of losing your money is greater than the probability of selling the assets in trading. If you gamble, the probability of losing is very high. Although the possibility of losing is still relatively high in the financial markets, the price of the underlying financial assets are determined by supply and demand. This makes strategy much more important in the trade rather than gambling. So I think between trading with gambling is very different.
legendary
Activity: 1918
Merit: 1018
January 28, 2017, 05:28:52 AM
funny thing is that strategy does not work all the time, this mean that there is a certain % of loss which is not insignificant

trading is gambling simply because of this not insignificant % of loss, when someone say that you can be 55% + ev in the long term he is actually saying that he is gambling, no real difference

because there is also no guaranteed that the 55% as an example will stay there forever

Guaranteed profits don't exist, so yes, you can't expect to make a certain amount of profits every year. You'll make what you make, where at the end of the year you'll see how much profit you actually gained. Point is that if you know what you do, that you can create a profit buffer with the right trades that you make. This buffer will be sufficient enough to catch up occasional losses by trades gone wrong since you can't predict the market. I am of course referring to trading Bitcoin and not altcoins. Altcoins fit in a totally different category, which I personally believe is in fact very close to gambling.

Having a chance to lose doesn't make it gambling, having a huge uncertainty doesn't make it gambling either. In casino gambling you are an underdog, in trading  you can have a positive expectation.
legendary
Activity: 2170
Merit: 1427
January 28, 2017, 05:26:48 AM
funny thing is that strategy does not work all the time, this mean that there is a certain % of loss which is not insignificant

trading is gambling simply because of this not insignificant % of loss, when someone say that you can be 55% + ev in the long term he is actually saying that he is gambling, no real difference

because there is also no guaranteed that the 55% as an example will stay there forever

Guaranteed profits don't exist, so yes, you can't expect to make a certain amount of profits every year. You'll make what you make, where at the end of the year you'll see how much profit you actually gained. Point is that if you know what you do, that you can create a profit buffer with the right trades that you make. This buffer will be sufficient enough to catch up occasional losses by trades gone wrong since you can't predict the market. I am of course referring to trading Bitcoin and not altcoins. Altcoins fit in a totally different category, which I personally believe is in fact very close to gambling.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
January 28, 2017, 04:10:08 AM
If you trades doesnt have any plans or strategies that is being used then trading would really be considered as gambling since you are risking your money randomly.
Trading does really require technical analysis and other stuffs for you to able to be profitable with it.
But we can see lot of people are struggling to develop their gambling strategies and plans to get success there, I mean to say gambling also can have plans and strategies. But, trading can not be profitable without plans whereas gambling will be. Trading and gambling has many common characteristics. I guess it would be too hard to differentiate them exactly.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
January 28, 2017, 03:47:43 AM
If you trades doesnt have any plans or strategies that is being used then trading would really be considered as gambling since you are risking your money randomly.
Trading does really require technical analysis and other stuffs for you to able to be profitable with it.
legendary
Activity: 3248
Merit: 1070
January 28, 2017, 03:33:02 AM
I have been a trader for more than five years and I still have not found the relationship between gambling and trading in my ordinary activity.

At least my personal strategy in trading depends  solely on calculations, statistics and strong money management, so the possibility of  losing money has been completely removed from my trading routine because I do not like to depend on good luck to generate stable incomes.

funny thing is that strategy does not work all the time, this mean that there is a certain % of loss which is not insignificant

trading is gambling simply because of this not insignificant % of loss, when someone say that you can be 55% + ev in the long term he is actually saying that he is gambling, no real difference

because there is also no guaranteed that the 55% as an example will stay there forever
legendary
Activity: 1218
Merit: 1000
January 28, 2017, 01:56:56 AM
I have been a trader for more than five years and I still have not found the relationship between gambling and trading in my ordinary activity.

At least my personal strategy in trading depends  solely on calculations, statistics and strong money management, so the possibility of  losing money has been completely removed from my trading routine because I do not like to depend on good luck to generate stable incomes.
you are right. words are almost the same, get out of my friends are very happy to play trading. Well, maybe if you do not know the play trading, it can be likened to gambling, because you just rely on your luck. but, if you already have a good management, and has a lot of information, you can analyze the price, and can make a steady income by trading.
hero member
Activity: 966
Merit: 507
January 27, 2017, 09:41:33 PM
I have been a trader for more than five years and I still have not found the relationship between gambling and trading in my ordinary activity.

At least my personal strategy in trading depends  solely on calculations, statistics and strong money management, so the possibility of  losing money has been completely removed from my trading routine because I do not like to depend on good luck to generate stable incomes.
member
Activity: 108
Merit: 10
January 27, 2017, 09:00:29 PM
My personal opinion about that is that trading isnt gambling because trading is business and gambling is using money for have a fun and make money.So trading is when you buy/sell something and if you have informations you can easy predict the price of something and earn a easy mney but in gambling you can easy lose because all casinos are provably unfair.
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