Topic: Prove me wrong: Gambling is both more relaxing and entertaining than trading! - page 4. (Read 726 times)

LE as I am reading the replies
Maybe thrilling was more appropriate than entertaining so feel free to use that!

As it seems I'm the only one betting on horse racing around here we need a bit of intro for this

So, two races out of 4 done by 12:18 GMT time and both horses I was backing, favorites,  Hunters Yarn and  Kourosh dropped their jockeys at the last hurdle, the first did it while being in the lead by 10 lengths, the second when battling for the first place, lost a bit on them and probably more to come as I'm 1 out of 5 bets right now but I didn't feel any remorse or regret or anything like this, moreover I feel really good because I saw some really entertaining races with a change in the last moment.
On the other hand, whenever I trade even if it's just small, really small positions and I lose a few $ I feel bad, I always tell to myself why I even bother to do it.

So hear me out:

With gambling, you chose on who to bet when to bet , once you do you you wait for the outcome at a fixed time!
With trading you chose your pair coins, you have to wait for the price to reach what you think it's an entry point and then set limits , watch the damn numbers even for days, even if you cash out in profit there can always be a regret you haven't kept the position opened.

Three is little that can influence a sport event outside of what you know, with coins it just takes a stupid hack or some gov going bananas on crypto out of nowhere while you sleep and you have your house full of trading alarms like you're in a police raid.

TA analysis is just Timeform, there is no difference between them , they show something that happened in the past with a coin and the form of a horse , in both cases you're looking at past performance and trying to figure the outcome.

I can't find numbers on the screen entertaining, if somebody tells me numbers and lines are more entertaining that this, I think there is something wrong with you!  

So prove me wrong (if you think I am), what am I missing?

Trading is something that requires skills and much of dedication, disciplin and consistency because it's a professional thing, some persons literally learned it as a profession in which they engage in to make money and see it as a job so it can not be seen as entertainment because it's serious business where big institutions even some government organizations do get engaged in trading so I see no room for entertainment in such a serious business which in some cases has a determining effect on certain economy at some levels but gambling none of these is involved it's basically entertainment.

So prove me wrong (if you think I am), what am I missing?

I will not argue and I agree that gambling is more relaxing and entertaining if the comparison is with trading. Who likes to look at those red and green candles, they aren't entertaining. What's entertaining is to watch your favorite horse, player, team, hold or kick that ball with our favorite sports. The visual is way better and no matter what is the outcome of our bets, it doesn't matter a lot right? And that's because we're avid fans of these sports.

We don't have a grudge if we lose because we know that's part of the game and betting. But the value that it gives a bettor to each of us is different and have a significant impact. If we're going to look at those times that we're having a bad time, we might just think to watch these sports and place some bets. It's either going to give us some relief as we win or more frustration but let it be whatever happens, we bet and we gamble.

That's the beauty of gambling and it's entirely different from trading. Someone may become instantly rich with their trades but not with betting with placing single bets but the feeling, the emotion and memories that are attached to these bets will be made and will be remembered.

I cannot even remotely get myself interested in trading at all. Seems like a very boring way to spend my days. With sports, I can place a bet and be entertained for 2-3 hours per game and relax and enjoy myself. Basically, I agree with your assessment that betting sports is way more entertaining.

You need to do a lot of work as trader in terms of market analysis than you would do when it comes to gambling before taking your decisions, however both involves calculation but you do more in trading.
No doubt gambling is more entertaining and a bit relaxed than trading because it already designed in such a way that it will be entertaining and fun but trading can be fun too when you understand the market and you are scooping some profits out of the market.

LE as I am reading the replies
Maybe thrilling was more appropriate than entertaining so feel free to use that!

As it seems I'm the only one betting on horse racing around here we need a bit of intro for this

So, two races out of 4 done by 12:18 GMT time and both horses I was backing, favorites,  Hunters Yarn and  Kourosh dropped their jockeys at the last hurdle, the first did it while being in the lead by 10 lengths, the second when battling for the first place, lost a bit on them and probably more to come as I'm 1 out of 5 bets right now but I didn't feel any remorse or regret or anything like this, moreover I feel really good because I saw some really entertaining races with a change in the last moment.
On the other hand, whenever I trade even if it's just small, really small positions and I lose a few $ I feel bad, I always tell to myself why I even bother to do it.

So hear me out:

With gambling, you chose on who to bet when to bet , once you do you you wait for the outcome at a fixed time!
With trading you chose your pair coins, you have to wait for the price to reach what you think it's an entry point and then set limits , watch the damn numbers even for days, even if you cash out in profit there can always be a regret you haven't kept the position opened.

Three is little that can influence a sport event outside of what you know, with coins it just takes a stupid hack or some gov going bananas on crypto out of nowhere while you sleep and you have your house full of trading alarms like you're in a police raid.

TA analysis is just Timeform, there is no difference between them , they show something that happened in the past with a coin and the form of a horse , in both cases you're looking at past performance and trying to figure the outcome.

I can't find numbers on the screen entertaining, if somebody tells me numbers and lines are more entertaining that this, I think there is something wrong with you!  

So prove me wrong (if you think I am), what am I missing?

LE as I am reading the replies
Maybe thrilling was more appropriate than entertaining so feel free to use that!

As it seems I'm the only one betting on horse racing around here we need a bit of intro for this

So, two races out of 4 done by 12:18 GMT time and both horses I was backing, favorites,  Hunters Yarn and  Kourosh dropped their jockeys at the last hurdle, the first did it while being in the lead by 10 lengths, the second when battling for the first place, lost a bit on them and probably more to come as I'm 1 out of 5 bets right now but I didn't feel any remorse or regret or anything like this, moreover I feel really good because I saw some really entertaining races with a change in the last moment.
On the other hand, whenever I trade even if it's just small, really small positions and I lose a few $ I feel bad, I always tell to myself why I even bother to do it.

So hear me out:

With gambling, you chose on who to bet when to bet , once you do you you wait for the outcome at a fixed time!
With trading you chose your pair coins, you have to wait for the price to reach what you think it's an entry point and then set limits , watch the damn numbers even for days, even if you cash out in profit there can always be a regret you haven't kept the position opened.

Three is little that can influence a sport event outside of what you know, with coins it just takes a stupid hack or some gov going bananas on crypto out of nowhere while you sleep and you have your house full of trading alarms like you're in a police raid.

TA analysis is just Timeform, there is no difference between them , they show something that happened in the past with a coin and the form of a horse , in both cases you're looking at past performance and trying to figure the outcome.

I can't find numbers on the screen entertaining, if somebody tells me numbers and lines are more entertaining that this, I think there is something wrong with you!  

So prove me wrong (if you think I am), what am I missing?

You need to do a lot of work as trader in terms of market analysis than you would do when it comes to gambling before taking your decisions, however both involves calculation but you do more in trading.

No doubt gambling is more entertaining and a bit relaxed than trading because it already designed in such a way that it will be entertaining and fun but trading can be fun too when you understand the market and you are scooping some profits out of the market.

Gambling is much simpler than trading, even a kid could do bet and win money. Trading is complicated since there are a lot of factors that you have to consider just in able to profit and earn money, like for example analysis, techniques, charts, etc. Plus you can say that when you do trading in also draining as you would need to consider your emotions and feelings that could affect your decision-making, if you are drained of course your physical health would be affected as well, it's like a domino effect I think.

If you make a wrong judgment in trading you will eventually lose money, which is similar to gambling, the difference is gambling is much more fun and thrilling, but it is still based on luck while for trading you can reduce the risk if you have knowledge and experience in this field. Some people prefer to watch their money grow by simply watching sports, horse racing, esports, etc. than watching charts waiting for some miracle to happen.

Well it surely is more entertaining as by doing trading you get nothing as an emotion,sure you get that feeling I find it right and I won some money in the best case scenario while by gambling you are enjoying the graphics,music and theme of the slot,when you hit the bonus round and expect to win huge it is a feeling that you never will encounter in any trading session.

Trading is a whole lot more like sport betting as in there even when you bet you don't get more entertainment than in trading,you just place your bets and wait for the outcome,just like in trading you do your calls and wait for the outcome.