Topic: Prove me wrong: Gambling is both more relaxing and entertaining than trading! - page 3. (Read 800 times)

Yeah, there's the similarity and that's the comparison we get from everyone. But the fact that we're enjoying it is a matter of importance and it's happening more with gambling. Whether you're in for a horse race, basketball, esports, chess, or any other sports that are popular nowadays. The enjoyment is different from watching those candles and numbers go up and down. There's a difference in the entertainment value that it provides to all of us.

We're also cheerful when we support the sport that we love to watch and that changes our mood from time to time although this also happens in trading. But there is a different level of satisfaction when we win trades and bets, aside from winning your bets, the team you support or the player you bet on is also winning which shows that you're not just there plainly for the bet and to gamble but also the love you have for that athlete or team you have watched.

In the end of the day, gambling and crypto short term trading are the same thing. Traders are analyzing charts, price fluctuations, watching statements from governments and influencers about cryptocurrencies, but it still doesn't guarantee they are going to be in profit when doing day trading (the market is unpredictable on short run). The same can be said about gamblers who are comparing statistics from athletes and teams. The luck factor is necessary and determinant in both categories.

Now, the subjectiveness of each person will lead them to have more fun and feel more thrill through gambling or through trading. There isn't a winner or best alternative in this case. Some people feel more excited watching sports matches, horse races, live fights, while others increase their adrenaline levels intensively by watching charts moving in real time... After all, they are different routes to reach the same destiny, which is always the raised dopaminergic state of increased pleasure and satisfaction.

It truly depends on the person because if you're a gambler and you like what you're doing and at the same time you're able to control yourself then you should be fine. What people always think of with gamblers is that we're out of control and we're just here to lose money. But to be honest, they can't speak the same thing with the traders. All they think are the same with them that are they're all good and they're not gambling at all.

Well, there's the similarity of it that they're also risk takers but the thing is that they're praised more than the gamblers and it's not surprising at all. I am not saying that gamblers should be praised but the comparison sometimes is off the beat and people who likes to give vague arguments about gamblers don't look at the other side of the fence wherein there are people that often lose more money instead of winning. And yes, I am speaking about the traders.

They're glorified and people think that they're the smartest amongst us because they make money and they show some analysis but little did they know, that most of them are also losing and they don't just want to expose it to the public that they've been losing a lot of money and only wants to show the wins that they have. Well, we're on the social media age where people only wants to show good things and not their bad sides.

Bro!!, I have to screen your name 3 times because like do you gamble that much?  Alright! I want to gist you about one of the saddest day of my life in gambling, there was these people they are called Punters in Nigeria, they are popularly known as sport bettors who have made millions from sport betting and they used to share their betting code for followers and anytime he drop them, they copy and stake them in their respectful account and the odds are usually high that even if you bet small amount, you can win something big to at least a million(in Naira).

So, this day, I have been seeing the trend of X NG anytime they win bets because they appreciate these Punters when the street win bets and I was compelled to follow the crowd. In my first 1 week, nothing was won but I don't feel anything because what I stake in a week sometimes is not up to a dollar if you do the conversion because I wanted to test. After the struggle of having like 35 games, we did win 30 and lose 4-5 but we were about to win one bet of 31 of 30 in one faithful Saturday. It was under 3.5 game selection, this game was almost done in 90 minutes with 3 total, everyone including me has anticipated what to use the money for only for them to add an additional goal at the last minute. I was so mad man, it was not the money I stake that pained me but the unrealized money I was expecting to win.

Moral of this story, trading has a way you can opt out and the use of trailing profit and stop loss can help avoid losses and take profits but in gambling, you can't do that because you will most likely had nothing. While trading, you can hold further if there is a loss but in gambling, you can't do that in gambling.

I'm not a trader and I hate it more or less like OP, so I won't try to defend it. I'm more of a gambler than a trader and I gamble because to me the rules are clear and the bet is settled almost instantly. It doesn't keep me on edge for days. Let's say I play cards, I know if I'm on top of my game or not and I can stop whenever I want and know that it's over and I have the money that I have.
When you trade you don't sleep because you want to check if your order is still there or if someone came and dumped their stash to liquidate you. It's unhealthy and not worth the nerves if you ask me.

I hold bitcoin and I don't care about the price and trades. I know that even if it's down 50% I'm still up a couple hundred % and it's going to recover. I sleep like a baby.
Trading is like playing a rigged game over a long period of time.

If trading can be done and done easily then it seems that I can answer your question and can easily confirm your words that they will be able to become billionaires just by being a trader, but on the other hand I think everyone already knows or has even experienced the difficulty of trading, although I previously said it can be easy but on condition that they have good insight, experience, skills, planning, management and control. I found a lot of pretty good advice on this forum regarding the world of trading but on the other hand I can't just conclude that they are one / some people who  have succeeded and become billionaires, of course it is good for me to say with a little conclusion that they are one of the people who are also in the process of trading along with giving some advice based on experience.

Counter!
When the game is over is over, you lost and you move on, nothing is changing this.
If you get your leverage trade closed because of a 50% dump the pain is not over yet, you might wake up tomorrow and see the coin up by 1000%, which might make you redecorate the walls with your head once more.

And no, before you even say it, if we bring just hodl in the discussion that's no longer trading, buying something at 50$ and waiting for years to reach 100$ is long term investing not trading.

----

And a small update on the OP:
Yesterday,  as I said, Hunters Yarn felt at the last hurdle while in the lead, jockey Townend, trainer W P Mullins, owner  Simon Munir & Isaac Souede, favorite at 1/3.

Today...
FUN FUN FUN,  Jockey Townend,  trainer W P Mullins, owner  Simon Munir & Isaac Souede, favorite at 2/5
Anyone can guess what the f***er did at exactly the last hurdle? 

I don't think there is anything to prove you wrong and you are not missing anything, apart from what you said, gambling has been built for centuries to be a part entertainment and casinos have capitalized on that part of gambling to attract more people/gamblers, it's no wonder people find it more relaxing and entertaining than trading.

Has something to do with visuals, basically. Is there something exciting with price charts in red or green? Also these two has different idea. Perhaps with statistics in both concepts. The pnly way trading will be associated in gambling is when you are having no plans for your trade; without any pattern to follow and without any strategy being used. With gambling, you may base on player's stats or team composition to help you create a decision. Gambling is more enjoyed as well simply because even without money involved, perhaps with sports, it is already entertaining. While with trading, most of the time, those who enjoy doing it are ones which are profitable or often having winning trades unlike with gambling wherein you would still be able to somehow enjoy despite of the outcome.

The stress and anxiety that you will feel in either gambling or trading would probably depend on two things. The size of the bet and the length of time the bet hanging in the balance. How long is a basketball game? If you place a $10,000 bet on a basketball game and your team is behind by 20 points, you will definitely NOT be relaxed and entertained. It will be the same feeling if you made a $10,000 trade in a very volatile shitcoin that fell -50% in the same duration of time as a basketball game.

I think whether gambling is entertaining or not really depends on how people treat and respond to gambling itself, if they come firmly just looking for fun and entertainment then obviously it will happen, but on the other hand there are also many who come with the aim like they trade that is looking for income, no other mistake in understanding what gambling is the main cause, they misunderstand just because there is a chance of winning there so it makes them act out of control just because to realize their hopes and expectations.

Back to the original topic, basically trading is not intended for anyone to seek entertainment because there is no aspect that can make you entertained except for some thrill from the profit you managed to get and make your planning go well. Trading in particular is a place to build a career of success with the success of the learning process and the experience you do and get that can certainly make you consistently profitable, but that is not in the concept of gambling, and that is why many say that gambling should be considered as a place of entertainment only and nothing more than that.

We're talking here about the emotion though, so let's set aside the risk since we all know that gambling are more risky.
If you want to have fun and enjoy your self-time then gambling can be a good source of that but of course, you can still have different emotion especially when you lose your money not unless you are ready for that. I enjoy placing bet on my favorite sports and betting makes the game more exciting and challenging at the same time.

There's no doubt gambling is more entertaining. However, gambling is considered to be more risky than trading. Gambling was created as a way to provide entertainment for people who are looking for some enjoyment or an activity to relax. That's why a lot of people prefer to spend more time in gambling than trading. Trading can be more fun especially when you understand the market by knowing how to do Technical Analysis, and also if you are making profits out of your trading. Aside from that, in trading you should be serious in everything, in return, if you win, the happiness of predicting the market right is really fun.

Gambling has it all, fun, entertainment and stress free, but thats if you go with the safest gambling strategy, and this is using a very small money on the games, you can't enjoy a football match if you risk too much money on it, you will have your mind in panic mood until the game is over, its not worth it.

Gambling is a matter of choice, do you want to have some great time or you want to make money? Choose your destiny, but I can promise you can if money making is your sole purpose of gambling you will likely lose a lot of money, enjoy your time in gambling, risk what you can afford to lose and enjoy your time.

Those who have great times gambling are those who don't care about how much they want to make from gambling, they lower their risks and have great time doing it, whatever happens doesn't matter, having a great time is the best.

Trading is a serious business and it is not designed to entertain people. If you go to the conventional stock exchange buildings you will see people wearing suits and ties and looking attentively at graphs and charts. There is nothing funny about trading. But sports or other casino games are usually designed not just for gambling but it entertain the players. Gambling could be serious business to some people but if you want to enjoy the gambling atmosphere visit a physical sports bet shop when they are playing live games. You will see someone who has just lost a bet still smiling and chatting with fellow gamblers.

Another reason why trading doesn't bring fun is because traders usually invest huge amounts in trading. So a loss is usually more painful than losing small funds that are used for gambling. Gamblers don't stake more money than traders because they are aware that we should bet what we can afford to lose. But traders see trading as a professional, so they can put in huge funds.

If you want to say that TA doesn't affect the future (future results) in any way, then you are damn right. Any trader's or horse racing forecast based on this is no better than fortune telling predictions based on coffee grounds.

If you don't find the numbers on the screen more interesting than betting on horse races, then don't trade. What is the problem.

Do what you enjoy most. Everyone chooses the type of activity that they like (or can afford) most. There's nothing to prove here.

Horse racing is fascinating because we're watching real athletes and their unpredictable actions. Watching your horse, like Hunters Yarn or Kourosh, defy or collapse to odds in real time is thrilling. You felt good despite the losses, showing the enticing nature this sport is. The spectacle and unpredictability get our adrenaline pounding, right?

Indeed, trading, especially in the volatile crypto market, is different. It's about close examination, alertness, and tension, not just numbers. You're right about constant monitoring and what-ifs after profits. But, ave you thought about binary options? Choose a position, select criteria, then wait for a specified outcome time, like betting. It reduces trading to a simple yes/no question, which is a lot like betting on horses. And yes, futures trading or anything with leverage can be fucking stressful

So you're telling me I'm making money from gambling because I know what I'm doing opposite to trading where you need....knowledge to make money?
See the contradiction here? 

In my opinion there is no worse than degenerates gamblers than traders who truly believe all it take is data, they are nothing other than lottery numbers analyst who think they see patterns everywhere, they deem a form of a horse as something lucky while at the same time they thing the price on the 10 and 20 of the month clearly indicates the way to Laputa 
I've not yet seen a trader, a TA, a graph anything that would have predicted oil going to -30 a barrel!!!!
Why? Because past data can't predict future if something close to the  future has not yet been lived at least once in the past!

With crypto, the bias is even worse, everyone says you can make money out of trading, no way, for real? Trading an assets that has made 4000% in ten years is profitable? Who would have thought so! It was the same before 1929, everyone was making money, their knowledge was newspaper and radio shows and still even housewife were making tons , then reality hit, just how the bear market hit bitcoin and made thousands lose money after money after money!

Again, there is no difference between me saying that this hors ewill win since he is a course and distance winner in a higher grade than his adversaries and a trader saying that after 10 days from now on the price will go up 5% because the same happened 3 days ago!


https://www.businessinsider.com/most-suicidal-occupations-2011-10#5-finance-workers-are-151-times-more-likely-to-commit-suicide-15
5) Finance workers are 1.51 times more likely to commit suicide

https://www.newsncr.com/national/in-the-year-2020-more-traders-committed-suicide-than-farmers-ncrb-figures-are-telling-the-truth/
In the year 2020, more traders committed suicide than farmers

So, what's the difference?

that's right, gambling is indeed a means of paid entertainment where there are benefits if you are lucky and luck is the determinant of winning or losing, but many of the dominant gamblers they get defeated. why is that because gambling has a random system where victory and defeat cannot be predicted correctly, and in my opinion there is no pattern or trick to get a win in gambling but luck will determine everything. gambling can be done by everyone because there is gambling that does not require having skills, where everyone can play it while having money

But unlike trading, trading itself is not for fun like gambling, there are many things that must be understood to be able to benefit. also not everyone can do it, even if they have enough money but if they do not have a good understanding of gambling then there will be no profit to be gained. learning about trading needs to be mastered to do trading, because after all, people who trade are certainly people who want big profits, but this is not as easy as turning the palm of the hand, many things must be understood and must be faced, of course there are risks in itself. but the similarity between gambling and trading is that it has a profitable side, and both involve money.

In trading you will have to study, so it's quite boring as you'll feel the school scenario. Unlike with gambling, just learn the game and you are good to go. Most of us doesn't make research, we just gamble relying on luck, that's why it's more suitable for us when we are looking for entertainment.

Although at some point it could also be stressful, especially if we are losing big money, or we loss control, but with trading, you'll feel the stress and pressure on a daily basis if you do day trading.