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Quote from: Taskford on December 14, 2024, 05:34:17 PM

Crazy that there are still people out here think about that gambling and trading is the same. They are totally have different mechanics. I guess they only look at the risk of losing money but they didn't look at on things how this on to rolled out. But if they have great experience for doing both for sure that they can figure out easily the difference and say that Gambling is more into luck base thing and trading is for technical matters.

People should know the difference so that there would be no wrong misconceptions about how things done. Yeah traders could still get addicted its because the urge to earn a lot of money could be the reason on why that situation happen.

Yes, that is right but that will be up to them and we can not force them to understand our explanation. We can let them still think like that without we argue. But if they can learn more about the differences, they will know that trading and gambling is not the same. Trading needs skill to analyze while gambling although needs skills, but the chance to recover their money will not too big.

At least, they can know the difference so they will not say like that. Once they know the difference, they probably will choose trading than gambling because the chance to make a profit will be big than gambling. Besides that, if they can improve their skill to be better, they will become a pro trader which mean, they can make more profit.

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Quote from: Taskford on December 14, 2024, 05:34:17 PM

Crazy that there are still people out here think about that gambling and trading is the same. They are totally have different mechanics. I guess they only look at the risk of losing money but they didn't look at on things how this on to rolled out. But if they have great experience for doing both for sure that they can figure out easily the difference and say that Gambling is more into luck base thing and trading is for technical matters.

It is the same for gamblers because they don't care about any knowledge and analysis, what they want to do is bet, bet in trading and bet in gambling.

Trading and gambling are different in mechanics, designs and in ways you can learn, practice and master to control risk. In trading, if you have enough knowledge, good abiity to control your emotion and psychology, ability to be disciplined, you can win. It's harder to win in gambling by methods, because gambling is luck-based and it's harder to have luckiness stays with you a long time or forever.

Quote

People should know the difference so that there would be no wrong misconceptions about how things done. Yeah traders could still get addicted its because the urge to earn a lot of money could be the reason on why that situation happen.

Know about difference is good, but they will come to choose between trading and gambling, or with a better choice investment, and make decision to do investment, trading or gambling. Making a choice is important to manage risk, because if you choose a bad one, it's more difficult to manage risk and control safety of your capital.

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Quote from: Zwei on December 14, 2024, 04:54:49 PM

Quote from: Promocodeudo on December 13, 2024, 03:21:44 AM

Since crypto trading outcome can not be ascertained, I think that's also the characteristics of gambling itself, the thing is no matter how one want to twist things making it look like trading is a bit better than gambling, we still arive at the conclusion of both acting in almost the same direction.
Buddy I think you share the same sentiment with me in terms of this two activities, but my question is, does traders technical knowledge and skills prevent them from losing, another thing is, is it possible for a trader to be addicted and may be keep chasing loss?

trading and gambling are not the same. in gambling, luck is king as outcomes are random and totally out of the player control. and no matter what strategy you use, you still need to be lucky to win.
in trading, technical knowledge and skills make a big difference. they help you make trades based on information and facts (instead of emotions like in gambling). while they can't stop you from losing 100% of the time, they go a long way to lower risks and improving your chances of doing a profitable trade.

and yes, traders can get addicted just like gamblers, but i would assume only amature ones would do the mistake of chasing losses.

Crazy that there are still people out here think about that gambling and trading is the same. They are totally have different mechanics. I guess they only look at the risk of losing money but they didn't look at on things how this on to rolled out. But if they have great experience for doing both for sure that they can figure out easily the difference and say that Gambling is more into luck base thing and trading is for technical matters.

People should know the difference so that there would be no wrong misconceptions about how things done. Yeah traders could still get addicted its because the urge to earn a lot of money could be the reason on why that situation happen.

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Quote from: Promocodeudo on December 13, 2024, 03:21:44 AM

Since crypto trading outcome can not be ascertained, I think that's also the characteristics of gambling itself, the thing is no matter how one want to twist things making it look like trading is a bit better than gambling, we still arive at the conclusion of both acting in almost the same direction.
Buddy I think you share the same sentiment with me in terms of this two activities, but my question is, does traders technical knowledge and skills prevent them from losing, another thing is, is it possible for a trader to be addicted and may be keep chasing loss?

For the first question the answer is yes sure the technical knowledges and the skills obviously prevent from losing and can also increase the profit and that why trading can be also a career. And on the others hand if we talk about the gambling it is never depend on skills it always depends on luck and so that peoples can't take it for career.

And to the second question yes trader can be also addicted to be honest the peoples who will addicted on trader like for the future trading without having proper trading knowledge like they don't know the market sentiment as well the analysis skill those are not trading nor they doing trading they are doing only gambling and thinking about that they are doing trading.

So trading and gambling are fully different think imo.

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Quote from: Promocodeudo on December 13, 2024, 03:21:44 AM

Since crypto trading outcome can not be ascertained, I think that's also the characteristics of gambling itself, the thing is no matter how one want to twist things making it look like trading is a bit better than gambling, we still arive at the conclusion of both acting in almost the same direction.
Buddy I think you share the same sentiment with me in terms of this two activities, but my question is, does traders technical knowledge and skills prevent them from losing, another thing is, is it possible for a trader to be addicted and may be keep chasing loss?

trading and gambling are not the same. in gambling, luck is king as outcomes are random and totally out of the player control. and no matter what strategy you use, you still need to be lucky to win.
in trading, technical knowledge and skills make a big difference. they help you make trades based on information and facts (instead of emotions like in gambling). while they can't stop you from losing 100% of the time, they go a long way to lower risks and improving your chances of doing a profitable trade.

and yes, traders can get addicted just like gamblers, but i would assume only amature ones would do the mistake of chasing losses.

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Quote from: Promocodeudo on December 13, 2024, 03:21:44 AM

Since crypto trading outcome can not be ascertained, I think that's also the characteristics of gambling itself, the thing is no matter how one want to twist things making it look like trading is a bit better than gambling, we still arive at the conclusion of both acting in almost the same direction.
Buddy I think you share the same sentiment with me in terms of this two activities, but my question is, does traders technical knowledge and skills prevent them from losing, another thing is, is it possible for a trader to be addicted and may be keep chasing loss?

Its all relative really, if you - through many years of learning and applying strategies are able to formulate a trading plan that is successful 7 out of 10 times, it can can you up a very profitable income and there are people out there achieving such things. This is because an expert can research, tweak and optimize different sources of information that might build their view on a trade. However when you engage in certain forms of gambling, you have pretty much no control of the outcome and would be "lucky" if you won 1 out of every 4 spins for example. Also, if a trade goes wrong, there is the chance to recover some of the capital most of the time instead of losing it entirely in a bet.

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Quote from: Ojima-ojo on December 11, 2024, 05:31:42 PM

You don't need any more proves to support your statement on gambling and trading not being categorise as investments because both have uncertainty in their outcome, when you are trading you have no idea whether you going to end in loses or gain's, and same with gambling it's a game of chance either you lose or win, so one can not take them as an investment, most people have come to the conclusion that trading is also gambling per say.

Although in trading one make use of technical analysis and skills to make those decisions, but still the overall outcome in trading most especially crypto trading is quite unpredictable.

Since crypto trading outcome can not be ascertained, I think that's also the characteristics of gambling itself, the thing is no matter how one want to twist things making it look like trading is a bit better than gambling, we still arive at the conclusion of both acting in almost the same direction.
Buddy I think you share the same sentiment with me in terms of this two activities, but my question is, does traders technical knowledge and skills prevent them from losing, another thing is, is it possible for a trader to be addicted and may be keep chasing loss?

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Quote from: Adbitco on December 11, 2024, 04:45:53 PM

Addiction is like someone is mentally unstable and can't think fine of his life except for the desire and pleasure of what he derived from what he is doing. I was able to understand that addiction has a very bad effects on us if we don't handle it with care and as a matter of urgency to restore our normal senses. That's why it's always advisable not to get addicted to anything we are doing to be able to reason fine as an addiction it would be that hard difficult to think out of the box.

Addicted people in gambling will not thinks about many things and still do the same thing which is gambling without stop. He only wants to have desire to gamble and get pleasure from gambling. That will makes him difficult to stops even for a while.

We know that gambling addiction can have a bad effect so we must stay away from that and use gambling with caution. We don't have to gamble too often to eliminate the risks of becoming addicted to gambling. That is why we must be able to control ourselves while gambling so nothing bad happens to us.

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Quote from: Promocodeudo on December 11, 2024, 08:06:57 AM

Buddy gambling and trading share a very close similarities and the risk in both are almost the same, for me both are not investment persay though I may not be right but with the best of my knowledge I would like to be proven wrong with practical clarity for me to understand it very well but for now it seems undefined to me, despite the stop loss of a thing in trading which people don't set all the I still have the mindset that trading and gambling are brothers with the addiction settings, investible losing and uncertain outcome but open to learning and I will like you to clear me to that effect thanks.

Your conclusion are right to an extent that's why I still maintain my stand that gambling and trading are alike in terms of individual exhibition, am looking forward for your extensive friendly clarity on this.

You don't need any more proves to support your statement on gambling and trading not being categorise as investments because both have uncertainty in their outcome, when you are trading you have no idea whether you going to end in loses or gain's, and same with gambling it's a game of chance either you lose or win, so one can not take them as an investment, most people have come to the conclusion that trading is also gambling per say.

Although in trading one make use of technical analysis and skills to make those decisions, but still the overall outcome in trading most especially crypto trading is quite unpredictable.

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Quote from: michellee on December 09, 2024, 04:10:57 AM

Quote from: Adbitco on December 09, 2024, 03:19:10 AM

there are people who can control it if not ultimately give their attention to it, much attention focused is what gives birth to addiction which already addicted person wouldn't know that they are already addicted. I could remembered then when I was addicted to a particular thing I found it very difficulty to leave because much attention was focused to it, but when I began to understand that there are things I should give more priority then I had to make corrections and began to culture myself on how I should put much interest in things.
Even the way I do come online here, I control and regulates my activeness not to be much attached over here because it would be much painful to be addicted to how I do stay online here.

Having addiction to something will difficult to avoid that and I guess many of us have that experienced before. But when we can realize that we are doing that thing too much and needs reduce it, we should do that. Otherwise, we will difficult to reduce the addiction to that thing and will only deeper without a way to get out from that.

And imagine if that addiction is about gambling addiction. We will ruins our life without we realize that we doing something wrong with the gambling. We must understand and thinks that we need to cure the addiction before everything we have is gone. We may risk our families too if we can not stop ourselves and that means, we can lose them too.

Addiction is like someone is mentally unstable and can't think fine of his life except for the desire and pleasure of what he derived from what he is doing. I was able to understand that addiction has a very bad effects on us if we don't handle it with care and as a matter of urgency to restore our normal senses. That's why it's always advisable not to get addicted to anything we are doing to be able to reason fine as an addiction it would be that hard difficult to think out of the box.

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Quote from: Promocodeudo on December 11, 2024, 08:06:57 AM

Quote from: SquirrelJulietGarden on December 10, 2024, 08:22:18 AM

Gambling is more risky than trading, and people can be professional traders with trading as their main jobs and main income resource, but in gambling it is harder or impossible to do the same.

You can win in gambling but winning in net after a long time in gambling, is very difficult. It requires you to gamble very responsibly, be very disciplined with your gambling capital management and how you make your bets. It's harder to control yourself in gambling than in trading, and together with less ability to win and nearly impossible to bet with a winning betting strategy with time.

To recap, gambling is risky, you can bet for fun, but if you consider it as bet for money, profit and main income, you will fall to wrong journey.

Buddy gambling and trading share a very close similarities and the risk in both are almost the same, for me both are not investment persay though I may not be right but with the best of my knowledge I would like to be proven wrong with practical clarity for me to understand it very well but for now it seems undefined to me, despite the stop loss of a thing in trading which people don't set all the I still have the mindset that trading and gambling are brothers with the addiction settings, investible losing and uncertain outcome but open to learning and I will like you to clear me to that effect thanks.

Your conclusion are right to an extent that's why I still maintain my stand that gambling and trading are alike in terms of individual exhibition, am looking forward for your extensive friendly clarity on this.

If you are talking about trading stocks, then most professionals aren't even looking at short term trades any more like you see in the movies - they are trying to evaluate what will happen on a 3 month horizon or longer, which are harder for high frequency trading algorithms to predict. They don't stand a chance against the speed of these trading programs. However trading is not necessarily as risky as you make out, once you've been watching the markets for long enough you understand they go through weird gyrations that can sometimes offer value in companies that you know will recover. If Coca Cola is trading at 5 year lows, then that is a good time to buy because they are always on an upwards trajectory when it comes to turnover.

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Quote from: Promocodeudo on December 11, 2024, 08:06:57 AM

Buddy gambling and trading share a very close similarities and the risk in both are almost the same, for me both are not investment persay though I may not be right but with the best of my knowledge I would like to be proven wrong with practical clarity for me to understand it very well but for now it seems undefined to me, despite the stop loss of a thing in trading which people don't set all the I still have the mindset that trading and gambling are brothers with the addiction settings, investible losing and uncertain outcome but open to learning and I will like you to clear me to that effect thanks.

Your conclusion are right to an extent that's why I still maintain my stand that gambling and trading are alike in terms of individual exhibition, am looking forward for your extensive friendly clarity on this.

Only those who have truly entered into both can see the difference, and I can boldly tell you that there is too much difference between gambling and trading, and the hype of trading is also what makes it more risky than gambling. It's easy to gamble and get addicted compared to how someone gets addicted to trading; they both

They both have similarities in terms of losing and chasing a loss, which some in trading regard as revenge trading, but if you're into trading and you practice very well, there is no way you can get addicted to trading. You will have times to enter into it; gambling losses most times are inevitable. If you are not careful enough, you can never get back what you lose to the system, but in trading there is always a second chance to get that back.

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Quote from: SquirrelJulietGarden on December 10, 2024, 08:22:18 AM

Gambling is more risky than trading, and people can be professional traders with trading as their main jobs and main income resource, but in gambling it is harder or impossible to do the same.

You can win in gambling but winning in net after a long time in gambling, is very difficult. It requires you to gamble very responsibly, be very disciplined with your gambling capital management and how you make your bets. It's harder to control yourself in gambling than in trading, and together with less ability to win and nearly impossible to bet with a winning betting strategy with time.

To recap, gambling is risky, you can bet for fun, but if you consider it as bet for money, profit and main income, you will fall to wrong journey.

Buddy gambling and trading share a very close similarities and the risk in both are almost the same, for me both are not investment persay though I may not be right but with the best of my knowledge I would like to be proven wrong with practical clarity for me to understand it very well but for now it seems undefined to me, despite the stop loss of a thing in trading which people don't set all the I still have the mindset that trading and gambling are brothers with the addiction settings, investible losing and uncertain outcome but open to learning and I will like you to clear me to that effect thanks.

Your conclusion are right to an extent that's why I still maintain my stand that gambling and trading are alike in terms of individual exhibition, am looking forward for your extensive friendly clarity on this.

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Quote from: SquirrelJulietGarden on December 10, 2024, 08:22:18 AM

Gambling is more risky than trading, and people can be professional traders with trading as their main jobs and main income resource, but in gambling it is harder or impossible to do the same.

You can win in gambling but winning in net after a long time in gambling, is very difficult. It requires you to gamble very responsibly, be very disciplined with your gambling capital management and how you make your bets. It's harder to control yourself in gambling than in trading, and together with less ability to win and nearly impossible to bet with a winning betting strategy with time.

To recap, gambling is risky, you can bet for fun, but if you consider it as bet for money, profit and main income, you will fall to wrong journey.

Indeed, that is more risky but people can learn more lessons about trading if they want to be a pro trader. But they will difficult to be a pro gambler because there is no guarantee for them to gets what they wants in gambling. They can use trading as their job but they can not use gambling as their job because the risk of losing the money will be bigger in gambling.

Winning in gambling is just a bonus to them so they must understand that gambling is not a source of income. They only use gambling to have fun so that is the main reason for them to gambling. They don't have to gamble too often because the risk will be bigger.

They must think of what they did in gambling is right or wrong so they can reduce it if they thinks that they already playing gambling too often.

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Quote from: SquirrelJulietGarden on December 10, 2024, 08:22:18 AM

Gambling is more risky than trading, and people can be professional traders with trading as their main jobs and main income resource, but in gambling it is harder or impossible to do the same.

in away you are correct, as when you gamble, if you lose, 99% of the time you lose everything.
but in trading, your balance doesn't normally go to zero, but it can be just as risky if you are dealing with high leverage or trading borrowed capital.

to me, gambling and trading are two sides of the same coin, you need to be luck to hit it big.

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Quote from: michellee on December 10, 2024, 07:34:30 AM

Yes, that is what we must do related to gambling. We cannot use gambling as a source of income like others because they can earn money. If we can set our mindset right about treating gambling as an entertainment, we will not gamble with hard and only have fun for some time. We can stop ourselves when we lose some money or rounds so we don't have to face the total loss like what other people get. Getting rich from gambling is possible but we must realize the risk that can make us bankrupt anytime so we need to be careful when gambling.

Gambling is more risky than trading, and people can be professional traders with trading as their main jobs and main income resource, but in gambling it is harder or impossible to do the same.

You can win in gambling but winning in net after a long time in gambling, is very difficult. It requires you to gamble very responsibly, be very disciplined with your gambling capital management and how you make your bets. It's harder to control yourself in gambling than in trading, and together with less ability to win and nearly impossible to bet with a winning betting strategy with time.

To recap, gambling is risky, you can bet for fun, but if you consider it as bet for money, profit and main income, you will fall to wrong journey.

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Quote from: Mayor of ogba on December 10, 2024, 02:59:52 AM

I agree with you that we should see gambling as a fun and relaxing mood so that when we lose our bet, we will not get hurt or even regret placing a bet because we know that it is always difficult for a bet slip to play as we predict it, which will always guide us to use the money we can afford to lose when gambling. Secondly, we should stop seeing gambling as a way of getting rich so that we can be able to control ourselves and stop gambling at the main time when we are losing too much money in gambling.

Yes, that is what we must do related to gambling. We cannot use gambling as a source of income like others because they can earn money. If we can set our mindset right about treating gambling as an entertainment, we will not gamble with hard and only have fun for some time. We can stop ourselves when we lose some money or rounds so we don't have to face the total loss like what other people get. Getting rich from gambling is possible but we must realize the risk that can make us bankrupt anytime so we need to be careful when gambling.

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Quote from: michellee on December 01, 2024, 04:10:17 AM

Quote from: Promocodeudo on November 29, 2024, 06:19:15 AM

Buddy you're right in this strategy of a thing, personally I don't even believe that anything like strategy exist in gambling, how will one strategize on something he can't control, I think gambling is strictly a luck stuff though I might be wrong but that's what I believe because people that concentrate on the strategy of a thing fail most times, though in sportbets history and teams current form play a major role in making the right selection but this things don't come as we expect them all the time, there are things that determine the outcome of every match as such those things are not known until a match is on, red card, unexoected injury and unexpected lapses of a team due to unforseen circumstances can determine the outcome of a bet, so we now see that strategy may not work in gambling but luck is what make counts though not all the time too.

I will want to believe you because I don't know much about trading but I know that gambling and trading are more like the same thing in terms of addiction, even with knowledge you must lose both the stop loss strategy and all that things will still get wrong by the way if care is not taken, the major thing is to be cautious and trade with the amount you can be comfortable with if loss occurs as you said and nothing more than that.

That is why when we gambling, we should considering that is for having fun and relax our time. We don't have to be seriously when playing gambling and just feel fun no matters what is the result. We can know that gambling is part of our activities but we don't have to gambling too often because that can gives a big risk of losing the money. Anything can happens while we place our bet especially when the situation change in the field so our bet can not be right and that can result losing our bet.

I agree with you that we should see gambling as a fun and relaxing mood so that when we lose our bet, we will not get hurt or even regret placing a bet because we know that it is always difficult for a bet slip to play as we predict it, which will always guide us to use the money we can afford to lose when gambling. Secondly, we should stop seeing gambling as a way of getting rich so that we can be able to control ourselves and stop gambling at the main time when we are losing too much money in gambling.

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