Is trading gambling in another form?

NicNacCoin

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Quote from: Charles-Tim on August 25, 2022, 09:29:53 AM

Gambling is gambling, trading is trading. They are not the same, but both are very risky. If gambling, you may not have much to learn, there are varieties of gambling games that is very easy, but if you want to trade, you have to learn it. If I should choose one, I would prefer trading, but the losses can be the same for newbies, even many people that is trading for over a long time can still be losing.

Use the amount of money that you can afford to lose to trade or gamble.

Yes it is definitely ok. Everyone is different from their place. You might give the gambling section it's purely on luck. Again trading someone you can give on luck but trading is complete It can be brought to one's mastery by analysis.However, both are very risky.And it doesn't matter that you may not have much experience especially on gambling.But you must have enough knowledge and experience on the trading platform otherwise you can never succeed in trading.As said earlier I definitely agree and I will also choose trading platform from gambling because in first case if I take loss then later I must try to recover from there.And the trading platform also has recovery options.And there is no recovery option in gambling section.

CapGelatik

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Quote from: rendravolt on October 04, 2022, 03:11:45 PM

Quote from: blockman on September 25, 2022, 05:49:20 PM

Quote from: rendravolt on September 25, 2022, 03:57:18 PM

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.

Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.

I know very well what you are saying, but at least with knowledge and trading experience we can avoid a lot of losses. I myself even suffered losses due to bad news and FUD. So I add that you need to be careful every time you make a decision when trading so as not to aggravate your financial loss.

Yes, having extensive knowledge and experience in trading I think it is a very valuable capital,
basically trading cannot be separated from losses and that is indeed the risk,
but at least with that knowledge and experience it can make us more careful and minimize the risk

carlfebz2

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Quote from: SOKO-DEKE on October 05, 2022, 02:08:26 PM

Although both include risk, trading involves making predictions that are as accurate as possible, whereas gamblers are unable to make predictions and can only rely on chance, particularly when playing dice games. In a similar vein, a trader must support their trading with expertise, knowledge, and understanding of trade strategy, although gambling doesn't require much of this. Despite all this story trade will always be call trade and gamble will always be call gamble

Its comparable on something that you do make out analysis when you do deal up with something is that you could really have a higher chance for you to make profits unlike on something that you do make pure

guess or randomly making out choices which is the true essence when you do gamble.Trading could really be a gambling if you do just simply make out some trading decisions without any basis.

Not only on trading but also in other things as well.If you dont apply something like analysis when making up decisions then it is purely a gamble thing.

SOKO-DEKE

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Although both include risk, trading involves making predictions that are as accurate as possible, whereas gamblers are unable to make predictions and can only rely on chance, particularly when playing dice games. In a similar vein, a trader must support their trading with expertise, knowledge, and understanding of trade strategy, although gambling doesn't require much of this. Despite all this story trade will always be call trade and gamble will always be call gamble

Wawa2013

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Quote from: lalabotax on October 04, 2022, 04:59:10 PM

Quote from: rendravolt on October 04, 2022, 03:11:45 PM

I know very well what you are saying, but at least with knowledge and trading experience we can avoid a lot of losses. I myself even suffered losses due to bad news and FUD. So I add that you need to be careful every time you make a decision when trading so as not to aggravate your financial loss.

Losses are very difficult to avoid. But with having sufficient knowledge and experience, we can minimize the chances of a big loss. People who don't have knowledge and experience may choose random meme coins or new coins, then lose all their money. That's why we need to have knowledge, to avoid choosing the wrong coins. Many people lose all their money because they don't know the potential or the risk of choosing crypto coins. They only choose coins that are the most hype at that moment, they buy in hurry without analyzing the coins first.

If we decide to trade crypto, it is impossible to avoid losses, even professional traders will experience losses. But if we are able to minimize
our losses, and managed to generate greater profits than the losses we experienced, meaning that we are successful traders. It's not easy
trading crypto, we have to learn a lot of things first and also practice a lot, and it requires a long process. Because becoming a successful trader
can not be in a short time, so as long as we don't give up when we experience losses and continue to fix the mistakes we make, in the end
we will become successful traders.

That's why successful traders will not buy coins randomly, and will research and analyze which coins are profitable for trading. Then after that
studying the movement of the coins, so it can predict where the coins will move. So trading can indeed be used as a main job, if we already
understand how to trade well. Very different from gambling activities that only rely on luck, that is why trading cannot be equated with gambling.

lalabotax

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Quote from: rendravolt on October 04, 2022, 03:11:45 PM

I know very well what you are saying, but at least with knowledge and trading experience we can avoid a lot of losses. I myself even suffered losses due to bad news and FUD. So I add that you need to be careful every time you make a decision when trading so as not to aggravate your financial loss.

Losses are very difficult to avoid. But with having sufficient knowledge and experience, we can minimize the chances of a big loss. People who don't have knowledge and experience may choose random meme coins or new coins, then lose all their money. That's why we need to have knowledge, to avoid choosing the wrong coins. Many people lose all their money because they don't know the potential or the risk of choosing crypto coins. They only choose coins that are the most hype at that moment, they buy in hurry without analyzing the coins first.

Mahanton

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Quote from: rendravolt on October 04, 2022, 03:11:45 PM

Quote from: blockman on September 25, 2022, 05:49:20 PM

Quote from: rendravolt on September 25, 2022, 03:57:18 PM

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.

Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.

I know very well what you are saying, but at least with knowledge and trading experience we can avoid a lot of losses. I myself even suffered losses due to bad news and FUD. So I add that you need to be careful every time you make a decision when trading so as not to aggravate your financial loss.

Every decision should really be think off carefully because it could neither cost us profit or would totally lose up money.There's no guarantee that every trade you would make out will eventually ending up profitable.
Even if you are already that veteran or professional, then losses would be inevitable and this is should the thing you put up into your mind.Trading wont really be ending up like gambling if you do apply
analysis and knowledge on every decision you would make.Any decisions in life and not only on gambling field which you dont really mind off or doesnt have the knowledge through it and just simply
made out decisions without thinking up properly.

rendravolt

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Quote from: blockman on September 25, 2022, 05:49:20 PM

Quote from: rendravolt on September 25, 2022, 03:57:18 PM

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.

Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.

I know very well what you are saying, but at least with knowledge and trading experience we can avoid a lot of losses. I myself even suffered losses due to bad news and FUD. So I add that you need to be careful every time you make a decision when trading so as not to aggravate your financial loss.

nurilham

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Supposedly, trading is not the same as gambling,
But in practice, many traders, especially beginners, carry out trading activities by gambling.
Many of them don't start trading activities with some analysis but only based on their feeling, luck, or hype only. They only believe in what other people say, moreover they are influencers that really have a big influence. This case or trading activity should be done wisely, smartly, and also carefully, but in fact, not all people can do that.
If someone is only laying their trading activities based on luck or without any analysis, this means that they are also gambling at once, aren't they?

|MINER|

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Quote from: Markinzo on October 01, 2022, 01:38:10 PM

Trading is like gambling but can't be regarded as gambling just because it shares certain few features with gambling technicalities in terms of prediction, analysis and odds that be.

Getting into trading it's like trying to learn a skill with a sense of direction unlike gambling that's just mostly based on prediction and luck streaks.

I think of trading as very similar to other buying and selling that we need in real life. As commodities are actually bought and sold and their prices fluctuate. But in Cryptocurrencies trading here the price fluctuate rate is high. On the others hand playing gamble where you can loose your all fund at once but in trading it will different because when you will face the loss you fund price will decrease .so trading and gamble can't be on that.

uchegod-21

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Quote from: Markinzo on October 01, 2022, 01:38:10 PM

Trading is like gambling but can't be regarded as gambling just because it shares certain few features with gambling technicalities in terms of prediction, analysis and odds that be.

Getting into trading it's like trying to learn a skill with a sense of direction unlike gambling that's just mostly based on prediction and luck streaks.

In anything we do in life, nothing is so sure and certain. There is some iota of luck and there is some iota of skills. What differentiate the two is the level or percentage of lucky, compared to percentage of skill. The who that has higher percentage would be called the principal. For example, gambling is 70% luck and 30% skills and we say it is gambling. While trading is 70% skills and 30% luck and we call it trading. They share similar features and both has the ability to make one lose money.

Markinzo

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Trading is like gambling but can't be regarded as gambling just because it shares certain few features with gambling technicalities in terms of prediction, analysis and odds that be.

Getting into trading it's like trying to learn a skill with a sense of direction unlike gambling that's just mostly based on prediction and luck streaks.

Mkelgodson

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A lot of people have this conflict about the difference between gambling and trading. What is the defining factor in considering both.

Gamblers are basically looking for luck from their prediction. So gambling is all about taking chance or luck of an outcome. A gambler who won a game is said to have luck on his side.

Trading is not about luck. No trader will have a successful trade and call it luck. In fact, a trader who makes successful trades cannot be said to have luck after luck as there's no such thing. TRADING IS NOT GAMBLING!

SOKO-DEKE

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Trading and gambling are frequently compared, however the connection is not entirely accurate. However, there are some similarities between the two ideas. You will have a lot better understanding of what it really means to be an investor once you realize how trading differs from gambling.
You will need to learn about markets, technical indicators, chart analysis, and financial statement reading in order to trade. To play casino games, you only need to be of legal age.

alik111

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Trading isn't a form like gambling because in trading you have to make research and make the proper analysis before investment. So gambling is fully a different form and trading is not like gambling.

Uzairjutt275

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Quote from: Outhue on August 25, 2022, 09:22:59 AM

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.

Gambling and trading both are different. I think Gambling is not much benefit and good. But sometime take profit but not give to make us Rich. Trading always give profit because skills and knowledge always give profit not lose

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: ItsCrafty on September 27, 2022, 10:32:41 AM

Gambling and trading vary considerably, and I agree that a professional should start focusing on trade rather than gambling. The truth is that when you gamble, all you can do is wish to gain, however when you trade, you have to pick a strong-based coin that will inevitably pump and benefit you. On the basis of the earnings they offer, there is actually a significant distinction.

The problem is that to some people the addictive nature of trading for short terms gains is likened to the dopamine rush experienced by gamblers. This is true in a large sense and hence th se topics becom very debate worthy.

Thing is that whether one gets addicted to trading and it's short term gains is a personal choice.

Being diligent about your investments, one can make a lot of long term profits from trading if done right. Specially bitcoin trading in the long term and avoiding altcoins which are mainly short term.

Pandu Geddon

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Quote from: Outhue on August 25, 2022, 09:22:59 AM

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.

I don't think the point is the indeterminate outcome. comparing gambling and trading, I guess have to see from the system work done.

like gambling for sports betting, when you place a bet on a match between team A and team B. then you will put your money in one of the available opportunities. or maybe 2 bets. once you place a bet then you have no control over the money wagered. all depends on the results of the analysis of the match. If you win, you will get a profit. if you lose, you will lose.

different from trading. they buy assets to trade, and control over those assets is entire with you. depending on your satisfaction you want to sell the asset at the price you want. if the market and prices are not in your favor, the decision is also yours. willing to hold or sell at a loss. no one forces you to lose your money in trading.

BobK71

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Quote from: blockman on September 27, 2022, 04:25:52 PM

Quote from: sana54210 on September 27, 2022, 02:44:50 PM

Quote from: blockman on September 26, 2022, 05:52:47 AM

Yes, that's the essential comparison of trading, gambling and investments, we're talking about it with the risks that they all have.
And they're not different for having it because they all do require to have risk and there's no risk free when there's a chance to gain money. The principle is what differs and everyone can have their own explanation towards the comparison of these ways of making money aside from gambling itself.

Calculating the risk and reward ratio is a big dale, it is not going to be that easy. Let's realize that it is not going to be easy for people to end up with this kind of risk and then get away with a big reward most of the time. Imagine you are gambling, you wager 1% chance to win for a 100x return, that means out of 100 tries, you will only win once on average, which could mean you could win it on your first try, or you could with in on your 185th try as well and lose money because of that.

Hence, same goes with investment as well, the bigger the risk you are taking, the bigger the reward but the lower the chance of earning something. People see bigger risk and feel hyped about it but lower chance of earning is a better word for it.

In investments and businesses, you can make it happen that if there's a small chance, you can increase that.
The work that's needed for it to grow is much different than doing it with gambling that's why it's harder.
You don't rely on luck mostly but you can have yourself as your only way to grow into those and multiplying your money through hard work, knowledge and little of the luck.

By business we mean investment. There can be profit and loss when you invest. There may be tangible or intangible assets. Where one can increase his wealth through hard work if he wants. Gambling, on the other hand, means only placing money in gambling that either returns or does not completely disappear. Considering all these aspects, gambling cannot be compared to trading.

blockman

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Quote from: sana54210 on September 27, 2022, 02:44:50 PM

Quote from: blockman on September 26, 2022, 05:52:47 AM

Yes, that's the essential comparison of trading, gambling and investments, we're talking about it with the risks that they all have.
And they're not different for having it because they all do require to have risk and there's no risk free when there's a chance to gain money. The principle is what differs and everyone can have their own explanation towards the comparison of these ways of making money aside from gambling itself.

Calculating the risk and reward ratio is a big dale, it is not going to be that easy. Let's realize that it is not going to be easy for people to end up with this kind of risk and then get away with a big reward most of the time. Imagine you are gambling, you wager 1% chance to win for a 100x return, that means out of 100 tries, you will only win once on average, which could mean you could win it on your first try, or you could with in on your 185th try as well and lose money because of that.

Hence, same goes with investment as well, the bigger the risk you are taking, the bigger the reward but the lower the chance of earning something. People see bigger risk and feel hyped about it but lower chance of earning is a better word for it.

In investments and businesses, you can make it happen that if there's a small chance, you can increase that.
The work that's needed for it to grow is much different than doing it with gambling that's why it's harder.
You don't rely on luck mostly but you can have yourself as your only way to grow into those and multiplying your money through hard work, knowledge and little of the luck.

Topic: Is trading gambling in another form? (Read 1401 times)