Trading is not the same as Gambling, because in gambling most of the time you rely on luck while trading is not, instead
you are analyzing the chart in the graph of when to buy and sell in which you think is the right time to do it. But there is risk because
its money involve too just like in the gambling platform.
Topic: Is Trading can be considered as Gambling? - page 2. (Read 498 times)
It's depend on what kind of trading you are doing . Spot trading no, I cannot call this as gambling it is like buying and selling and you will not lose all your money in spot trading it may lost its value but still there are chance to recover it.
trading that looks like gambling to me is the future trading where you bet and predict where the market will go and your money can disappear if you make a wrong prediction in just a day. It will lessen the risk if you know how read chart.
I'm a trader and also a gambler and for me trading is not the same as gambling. The truth is the view of the persons through it are different to each other and for me you can only considered trading as gambling if you do not know what you are doing. For example you enter in a trade wherein you do not have conviction or reason why you bought that certain cryptocurrency then it is considered as gambling. Trading is a game of rules wherein you should have plan in different scenarios in order for a certain trader to react easily when the market moves. The risks can be lessen if you know what you are doing wherein you know your RRR or the risk reward ratio and of course the allocation that you will put in trading or in gambling. trading that looks like gambling to me is the future trading where you bet and predict where the market will go and your money can disappear if you make a wrong prediction in just a day. It will lessen the risk if you know how read chart.
There's money involved and people are buying because of speculation, they are both gamblings, trading is not a quick and easy profit venture they worked like sports betting you have to fully analyze all the subjects and come out with the best possible results, we mean possible but not guaranteed, but if there are guaranteed profit then it's not gambling.
Trading can be considered as gambling when the trader does the buying and selling based on random picks. Pro traders always have certain ideology and the learning about the market whereas the Beginners always follow the luck. With trading the experts and the beginners prediction at times succeed and loses unexpected. This is the reason people always relate trading with gambling.
It's depend on what kind of trading you are doing . Spot trading no, I cannot call this as gambling it is like buying and selling and you will not lose all your money in spot trading it may lost its value but still there are chance to recover it.
trading that looks like gambling to me is the future trading where you bet and predict where the market will go and your money can disappear if you make a wrong prediction in just a day. It will lessen the risk if you know how read chart.
trading that looks like gambling to me is the future trading where you bet and predict where the market will go and your money can disappear if you make a wrong prediction in just a day. It will lessen the risk if you know how read chart.
It has similarities but it depends on what kind of trader you are. There are traders who dont have concrete plan and strategy to follow and just going with the flow depending on the current trend on the market. These kind of traders are likely to lose their money for not exerting an effort to learn. Its like gambling for not knowing the outcome resulting to a small chances to gain.
On the other side there's a way to maximize the possibility to be a successful trader and that is giving yourself a time to learn by gaining knowledge and through experience. Anything that we're not certain for the outcome can be considered gambling but trading is different in a way that you can do something to not lose your capital unlike in gambling that is relying more on luck.
On the other side there's a way to maximize the possibility to be a successful trader and that is giving yourself a time to learn by gaining knowledge and through experience. Anything that we're not certain for the outcome can be considered gambling but trading is different in a way that you can do something to not lose your capital unlike in gambling that is relying more on luck.
If we comparing the risk we know the more risk if you play gambling but in trading the risk is also there but not like in gambling is who have high risk but the good to this is you will earn money in a short period of time only but you lose also money fast. Both trading and gambling have risk and have own advantanges and disadvatanges it depends your luck and strategy if you are going to lose or earn.
In gambling, you are gambling against a casino, and the odds of winning are not great, especially when it comes to the long term, where the player always loses in the end... The same can be said for trading, where you play against the algorithms of the exchange, and in the long run a few percent of traders can make money!
Many of us are fascinated by the profit we get from Gambling through slot machines, card games, dice, and more. But is it rational to think of trading as a form of gambling especially if someone is not really knowledgeable in technical analysis and just trades their cryptocurrencies?
IMO, trading with the default list cannot be considered as a form of gambling as the odds of winning are completely different. In gambling, there's a probability of winning, but in trading, this probability can be amplified depending on how experienced we are in analyzing the market and predicting where the graph could go depending on the market trend, news, and issues about a particular cryptocurrency.
But there's one feature in trading that makes me believe that it is somehow a form of gambling. If you are partaking in some sort of margin trading such as Futures wherein you amplify your risk and profitability in the form of increasing your leverage and you have the chance to go long and short, it gives me the feeling of a 50/50 win rate whether your predictions will be true or not.
Rationally thinking, trading, and gambling have a key difference:
You need not pay taxes in trading or it depends on the jurisdiction of a country, gambling on the other hand requires us to pay huge taxes. Trading's chance of winning can be increased with experience, timing, and knowledge. Gambling has a fixed chance of winning. And lastly, the chance of losing everything in trading is very low compared to gambling which could make you bankrupted in just a day. What are your thoughts?
IMO, trading with the default list cannot be considered as a form of gambling as the odds of winning are completely different. In gambling, there's a probability of winning, but in trading, this probability can be amplified depending on how experienced we are in analyzing the market and predicting where the graph could go depending on the market trend, news, and issues about a particular cryptocurrency.
But there's one feature in trading that makes me believe that it is somehow a form of gambling. If you are partaking in some sort of margin trading such as Futures wherein you amplify your risk and profitability in the form of increasing your leverage and you have the chance to go long and short, it gives me the feeling of a 50/50 win rate whether your predictions will be true or not.
Rationally thinking, trading, and gambling have a key difference:
You need not pay taxes in trading or it depends on the jurisdiction of a country, gambling on the other hand requires us to pay huge taxes. Trading's chance of winning can be increased with experience, timing, and knowledge. Gambling has a fixed chance of winning. And lastly, the chance of losing everything in trading is very low compared to gambling which could make you bankrupted in just a day. What are your thoughts?
Actually it depends on how you take it since there are some critical points that needed to consider about this since mostly if we talk about gambling the one we think are the casinos, but in trading we will think exchanging our assets to other assets to gain profit, But the end point there is we are risking our money and we will tell that its a gamble and we can risk to lose any of those. So for that its up for us on how we take those two comparison since for me both of them is the same.
There are varied opinion on this it could have been a good discussion if there's a poll on this, I can consider trading gambling because not all who trade are making money, there are people losing money on trading and, we have this kind of gambling like sports betting where gamblers analyze the team that they are betting, but they are not guaranteed to win, so are on trading you can analyze but you are not guaranteed to make a profit, you can still incur losses.
If you look into the meaning of the word gambling, it defines that it is a games that involve playing money, its either on horses, cards, sports or anything that money will involve. Trading is a kind of profit making but not a game. When you look into the definition of trading, it is a profitable way that buying or selling some orders in order to gain some profits as well as loses. Trading for me isn't consider as a gambking because the more you look into trading it can be consider as work or hobby. Yes, I understand that it involves money but you ain't playing only money but building or constructing some strategies in order to reach and gain the expected profit that you may earn within the time span of your orders. In trading you need to have more strategic opnions and sharp analyzations.
There are varied opinion on this it could have been a good discussion if there's a poll on this, I can consider trading gambling because not all who trade are making money, there are people losing money on trading and, we have this kind of gambling like sports betting where gamblers analyze the team that they are betting, but they are not guaranteed to win, so are on trading you can analyze but you are not guaranteed to make a profit, you can still incur losses.
Life is a gambling, so trading as well. We do choose either to gamble or not to take risk at all so I personally consider trading as gambling, they are not just the same on making money but its totally the same for me and it will always be. We make and lose money on both ways, and if we do more greedy then the same result will happen, we will lose money.
Just as "life is a gambling so" also is Trading, that's correct. Well, i can't very vivid differentiate between these two: Gambling and Trading. This two are more risky and it's advisable to trade that which one can afford to loss likewise in the gambling language. Though there are expert in Trading who sometimes do great in terms of profit taking which in the gambling world we'll depend on luck and not in our skills.As long as you risk something and there's no exact result of what will happen it is considered as a gambling even investment can be considered as gambling.
Winning in gambling is mostly by luck but trading needs enough knowledge in technical analysis to have a smart basis for making wise decisions. They're both risky but the outcome or the result may differ based on our knowledge and experience. Trading needs a broad understanding while gambling needs luck and perfect timing.
Life is a gambling, so trading as well. We do choose either to gamble or not to take risk at all so I personally consider trading as gambling, they are not just the same on making money but its totally the same for me and it will always be. We make and lose money on both ways, and if we do more greedy then the same result will happen, we will lose money.
Just as "life is a gambling so" also is Trading, that's correct. Well, i can't very vivid differentiate between these two: Gambling and Trading. This two are more risky and it's advisable to trade that which one can afford to loss likewise in the gambling language. Though there are expert in Trading who sometimes do great in terms of profit taking which in the gambling world we'll depend on luck and not in our skills. 
I don't think they are the same in gambling there is uncertain outcome of the game while in trading you would be able to distinguish the possible outcome by reading the previous charts and the signal indicators.
There are too many types of trading, as far as I know, there is day trading and there is long term trading for the basic trading. For the day trading, this is I considered gambling because you are willing to risk an amount like gambling.
However, trading isn't worst than gambling, because trading isn't a pure lack, you can apply technically or even fundamental strategy when you are in trading to increase your chances of winning. Not like gambling that you need, I guess fighting the house edge which only for pure luck.
However, trading isn't worst than gambling, because trading isn't a pure lack, you can apply technically or even fundamental strategy when you are in trading to increase your chances of winning. Not like gambling that you need, I guess fighting the house edge which only for pure luck.
Yes, it could be just like a prediction game. If you are good in predicting bitcoin market movement then you can earn. There are some traders here that are only buying and selling bitcoin holding it for short term like selling it when they had achieve earnings from the bitcoin market movement. I had done this strategy before but you know it so hard to predict bitcoin market and I just made some loses instead of getting profit.
Leverage/Options/Future = This is just only my own view and opinion but i do somewhat treat or do have impressions that these are just nearly like with gambling
but somehow you can lessen up the risk if you do really know on what you're doing but i cant really just able to accept the odds on profiting.
There might be traders who do actually make out some bucks but majority do losses on this one.
Spot/swing trades is much preferable but depending on someones risk management because not all would really be that too patient on waiting for long time to see their trade results.
This is why they do really end up on this kind of option.
Trading is never been a gambling but if you do engage on it without proper knowledge or you dont know on what youre doing then it would be consider as one.
but somehow you can lessen up the risk if you do really know on what you're doing but i cant really just able to accept the odds on profiting.
There might be traders who do actually make out some bucks but majority do losses on this one.
Spot/swing trades is much preferable but depending on someones risk management because not all would really be that too patient on waiting for long time to see their trade results.
This is why they do really end up on this kind of option.
Trading is never been a gambling but if you do engage on it without proper knowledge or you dont know on what youre doing then it would be consider as one.
I would say day trading is gambling while long term trading (holding) is investing. Trading can be completely gambling when you do it based on your gut feelings only without proper researches. One other thing I'd also say that when you are dealing with odds such as binary trading, it is a gambling.
technically you can consider it gambling when you transfer your fund and risk your money hoping that you will get profit just like the gambling the only difference is that in gambling you will have the entertainment while in trading it's more on the technical analysis.
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