I don't think that there is a lot of similarities between them. As gambling is purely based on luck, on the other hand, in trading experience, knowledge and technical skills count.
Indeed, there are many who believe that gambling depends on luck and that it all depends on how people gamble and trade, when trade can be done with analysis or prediction there also depends on luck to benefit both, but very different when gambling is very difficult to get rather than trading, all returns to how we play it all to make a profit, of course the risk is enormous and the biggest risk is gambling when you lose it has arrived at that moment.
Topic: Outside risk: similarities between gambling and trading? - page 3. (Read 897 times)
If you’re not skilled enough at trading and properly managing risk you might as well just go to a casino and gamble away the money you plan on trading. While trading can potentially provide somewhat consistent profits to some, most people end up throwing away money with trading; as long as you’re giving yourself an edge with every trade you make you can have a prediction accuracy of even 40–50% and still make money, as long as you’re managing your risk properly, whereas games like dice and roulette have a large amount of house edge and you are essentially guaranteed to lose money long-term.
This is correct yet chances or odds compared between with gambling and trading do really matters yet luck and skills is different yet nor to be applied on different thingswhich do simply lessen up the risk and the potential on making profits.
Someone would really need to know on how to manage risk if they are targeting for longer profits.Both have risk but on different levels.
In my opinion, I would say that both gambling and trading are basically stochastic, they are unpredictable and both have a negative reputation that comes with it. We all put in our honest effort to make it a little bit more predictable and that might reduce the dangers in it.
It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.
It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.
Can Stock and forex trading be regarded as gambling?
Well I think crypto trading is a lot more predictable than gambling, it depends on the kind of gambling though. You can easily make some successful trades a day by simply applying buy low, sell high strategy on major cryptocurrencies. I don't know if this is possible with gambling?
I don't think the two have anything in common even though both of them have risks. gambling is known by most people as a game based on luck, therefore many people who gamble only seek pleasure. different from trading, someone who trades with cryptocurrency certainly has a profit target that must be obtained, for example by using a basic trading strategy to buy low and sell it when prices rise, and in trade of course we can predict profits to be earned, but in gambling profit is not can be predicted with certainty because the game is only based on luck
In my opinion, I would say that both gambling and trading are basically stochastic, they are unpredictable and both have a negative reputation that comes with it. We all put in our honest effort to make it a little bit more predictable and that might reduce the dangers in it.
It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.
It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.
Yes, in this two-sector there is huge risk involved in it, one thing i want to clear is through trading even though we lost but the coin will remain with us, through gambling it is final one which we don't have any choice of making money in future, but the similarity is risk and unpredictability.
I don't think that there is a lot of similarities between them. As gambling is purely based on luck, on the other hand, in trading experience, knowledge and technical skills count.
Indeed, there are many who believe that gambling depends on luck and that it all depends on how people gamble and trade, when trade can be done with analysis or prediction there also depends on luck to benefit both, but very different when gambling is very difficult to get rather than trading, all returns to how we play it all to make a profit, of course the risk is enormous and the biggest risk is gambling when you lose it has arrived at that moment. 
In my opinion, I would say that both gambling and trading are basically stochastic, they are unpredictable and both have a negative reputation that comes with it. We all put in our honest effort to make it a little bit more predictable and that might reduce the dangers in it.
It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.
It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.
Can Stock and forex trading be regarded as gambling?
Well I think crypto trading is a lot more predictable than gambling, it depends on the kind of gambling though. You can easily make some successful trades a day by simply applying buy low, sell high strategy on major cryptocurrencies. I don't know if this is possible with gambling?
In my opinion, I would say that both gambling and trading are basically stochastic, they are unpredictable and both have a negative reputation that comes with it. We all put in our honest effort to make it a little bit more predictable and that might reduce the dangers in it.
It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.
It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.
Yes, in this two-sector there is huge risk involved in it, one thing i want to clear is through trading even though we lost but the coin will remain with us, through gambling it is final one which we don't have any choice of making money in future, but the similarity is risk and unpredictability.
In my opinion, I would say that both gambling and trading are basically stochastic, they are unpredictable and both have a negative reputation that comes with it. We all put in our honest effort to make it a little bit more predictable and that might reduce the dangers in it.
It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.
It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.
Yes, in this two-sector there is huge risk involved in it, one thing i want to clear is through trading even though we lost but the coin will remain with us, through gambling it is final one which we don't have any choice of making money in future, but the similarity is risk and unpredictability.
If strong in the context means both having the ability to take risks, then I think it is very right because both gamblers and traders are very good with taking risk because it’s not easy to play gambling or even trade.
I don't think that there is a lot of similarities between them. As gambling is purely based on luck, on the other hand, in trading experience, knowledge and technical skills count.
I think both have a similarities, like they have a risk that you will loss if you dont have enough skills or some strategy. In gambling its so fast to loss your money if you are not lucky, while in trading its been a bit longer of time whether you earn profit or not that it needs patient.
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?
Both involve risk and the odds may differ depending on the situation but trading heavily involves skill. Unlike gambling wherein you rely purely on luck, trading involves researching, studying the market, and observing the market trends. You can alter the situation depending on your findings and predict what might be the price based from all your research.
Gambling, on the other hand, primarily depends on luck and the odds. Sure, there may be some techniques about probability and some shenanigans but if the odds are not on your favour, then you are bound to lose. Not to mention, the risk of addiction to gambling can also accumulate and potentially destroy your career.
Both of them do have risks, but in trading you can just minimize the risk of loss, of course with your skills and abilities in reading the market. but in gambling you cannot minimize the risk with your skills, because you depend on luck
Not all type of gambling depends on pure luck, maybe games like dice, plinko, roulette, these are games with house edge, you can depend on your luck. However as a sports bettor, I believe my skills could help me to win, and I also read that there are people who are successful in sports and they even make a living, it's just like trading, they master it and they make it.
It highly depends on the situation. You can also compare a newbie trader vs a newbie gambler and the results may vary depending on the circumstances. In your case, being a sports better involves a series of considerations among the teams and doing analysis on their performances. I cannot say that it is purely on gambling but there involves some skill and research beforehand.
If you’re not skilled enough at trading and properly managing risk you might as well just go to a casino and gamble away the money you plan on trading. While trading can potentially provide somewhat consistent profits to some, most people end up throwing away money with trading; as long as you’re giving yourself an edge with every trade you make you can have a prediction accuracy of even 40–50% and still make money, as long as you’re managing your risk properly, whereas games like dice and roulette have a large amount of house edge and you are essentially guaranteed to lose money long-term.
This is correct yet chances or odds compared between with gambling and trading do really matters yet luck and skills is different yet nor to be applied on different thingswhich do simply lessen up the risk and the potential on making profits.
Someone would really need to know on how to manage risk if they are targeting for longer profits.Both have risk but on different levels.
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?
One significant distinction between trading and gambling is that when you gamble, you will have a negative anticipated return. Simply put it this way, the house is expected to win upon the long run, on trading, however, if done skillfully, can place you in the position of the house.
If you’re not skilled enough at trading and properly managing risk you might as well just go to a casino and gamble away the money you plan on trading. While trading can potentially provide somewhat consistent profits to some, most people end up throwing away money with trading; as long as you’re giving yourself an edge with every trade you make you can have a prediction accuracy of even 40–50% and still make money, as long as you’re managing your risk properly, whereas games like dice and roulette have a large amount of house edge and you are essentially guaranteed to lose money long-term.
Both are risky and I admit that during those times that I gamble and I trade, I felt the same emotions. But in terms of using strategies, they are different. In gambling, I only rely on pure luck. But in trading, I used some technical analysis. Which only means, we have basis for our wins.
You are such a strong man, how where you coping with both trading and gambling, they are both very risky jobs and I can only imagine how much you have lost and how emotional you must have been because both games are risky.I have only been trading and I know what I have been through analyzing the market and the changes that happens overnight unpredictably. It is always a nightmare. Gambling is based on luck actually and it’s good for those who have good luck for gambling, I still prefer trading because you can at least check past record, analyze, even though it’s still risky but it is at least still safer than gambling.
Just imagine that you commit big money in trading and also part in gambling, while you just lost in gambling, only to check your trading balance and realize that it is going to negative, if you are not strong, I bet you would have increased blood pressure. You will even forget the so called fun you had in gambling immediately. It’s better to trade and forget gambling or gamble and forget trading, this two cannot be done by an ordinary man, it takes only those who are strong like you to do this lol.
In my opinion, I would say that both gambling and trading are basically stochastic, they are unpredictable and both have a negative reputation that comes with it. We all put in our honest effort to make it a little bit more predictable and that might reduce the dangers in it.
It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.
It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.
Yes, in this two-sector there is huge risk involved in it, one thing i want to clear is through trading even though we lost but the coin will remain with us, through gambling it is final one which we don't have any choice of making money in future, but the similarity is risk and unpredictability.
Both are risky and I admit that during those times that I gamble and I trade, I felt the same emotions. But in terms of using strategies, they are different. In gambling, I only rely on pure luck. But in trading, I used some technical analysis. Which only means, we have basis for our wins.
You are such a strong man, how where you coping with both trading and gambling, they are both very risky jobs and I can only imagine how much you have lost and how emotional you must have been because both games are risky.I have only been trading and I know what I have been through analyzing the market and the changes that happens overnight unpredictably. It is always a nightmare. Gambling is based on luck actually and it’s good for those who have good luck for gambling, I still prefer trading because you can at least check past record, analyze, even though it’s still risky but it is at least still safer than gambling.
Both are risky and I admit that during those times that I gamble and I trade, I felt the same emotions. But in terms of using strategies, they are different. In gambling, I only rely on pure luck. But in trading, I used some technical analysis. Which only means, we have basis for our wins.
You are such a strong man, how where you coping with both trading and gambling, they are both very risky jobs and I can only imagine how much you have lost and how emotional you must have been because both games are risky.I have only been trading and I know what I have been through analyzing the market and the changes that happens overnight unpredictably. It is always a nightmare. Gambling is based on luck actually and it’s good for those who have good luck for gambling, I still prefer trading because you can at least check past record, analyze, even though it’s still risky but it is at least still safer than gambling.
Both are risky and I admit that during those times that I gamble and I trade, I felt the same emotions. But in terms of using strategies, they are different. In gambling, I only rely on pure luck. But in trading, I used some technical analysis. Which only means, we have basis for our wins.
You are such a strong man, how where you coping with both trading and gambling, they are both very risky jobs and I can only imagine how much you have lost and how emotional you must have been because both games are risky.I have only been trading and I know what I have been through analyzing the market and the changes that happens overnight unpredictably. It is always a nightmare. Gambling is based on luck actually and it’s good for those who have good luck for gambling, I still prefer trading because you can at least check past record, analyze, even though it’s still risky but it is at least still safer than gambling.
In my opinion, I would say that both gambling and trading are basically stochastic, they are unpredictable and both have a negative reputation that comes with it. We all put in our honest effort to make it a little bit more predictable and that might reduce the dangers in it.
It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.
It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.
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