Topic: Prove me wrong: Gambling is both more relaxing and entertaining than trading! - page 5. (Read 726 times)
December 16, 2023, 02:36:02 PM
It does entertaining, but i doubt gambling will be relaxing in any way even trading. Well, it depends on personal preference but that's too much to consider as relaxing for me. Relaxing for me is drinking a cup of coffee while looking outside trees in my terrace, simple words i'm at peace. I won't get peace in gambling lol thinking what's my next move, if my bet will win a such lower odds, etc.
December 16, 2023, 02:25:37 PM
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.
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.
December 16, 2023, 02:19:52 PM
Well, I have to agree with your own point of view OP. Gambling is designed for fun and entertainment so it's way more relaxing on our part gambling compared to trading. Gambling gives us the opportunity to play exciting games and enjoy them, while trading focuses more on mental activities that promotes development of skills and working strategies that makes it more boring and tiring and somehow challenging on some reputable traders.
Despite of the differences, trading remains more profitable for me and gives more satisfying profits. Unlike gambling, you have to accept the fact that to gamble is to lose, that way you will find it more entertaining and profitable at some point.
Despite of the differences, trading remains more profitable for me and gives more satisfying profits. Unlike gambling, you have to accept the fact that to gamble is to lose, that way you will find it more entertaining and profitable at some point.
December 16, 2023, 02:01:13 PM
When it comes to entertainment its true that Gambling can be more relaxing than to trading.
Just imagine the Retired people, are they still spend their time in trading? Of course not and that’s why they gamble in casinos and they are enjoying it. Though of course this also applies to everyone, gambling can be more fun than trading, and in gambling you don’t need to analyze here not unless you do sports betting.
Just imagine the Retired people, are they still spend their time in trading? Of course not and that’s why they gamble in casinos and they are enjoying it. Though of course this also applies to everyone, gambling can be more fun than trading, and in gambling you don’t need to analyze here not unless you do sports betting.
Yeah, Nobody wants to look on the chart 24/7 that is just full of line and bars without any thing happening. The only time trading becomes intense like gambling is when you open a leverage trading position while the current market price is hovering near your liquidation price.
Only hardcore traders find trading entertaining but the majority still preferred gambling because it’s mechanics is very straightforward and easy to play while you can have potential just like on trading.
December 16, 2023, 01:57:57 PM
It is clear that betting is more entertaining than trading, because in trading we only look at the numbers, and continue to make an analysis so that the activity continues to bring us profits. Because in trading, there is nothing more enjoyable than profits.
Unlike the case with betting, because there are two things you will enjoy that can give you pleasure and entertainment. The first is when you watch the game, and the second pleasure is when you win the bet.
But although these two activities both involve money, if we talk about risk, of course the risk of loss when betting is much greater than when trading. So in doing both of these things we are required to be more precise and more careful in making calculations and in making an analysis.
And talking about betting on horse racing, I have never bet there. because I do not have an interest in watching horse racing.
Unlike the case with betting, because there are two things you will enjoy that can give you pleasure and entertainment. The first is when you watch the game, and the second pleasure is when you win the bet.
But although these two activities both involve money, if we talk about risk, of course the risk of loss when betting is much greater than when trading. So in doing both of these things we are required to be more precise and more careful in making calculations and in making an analysis.
And talking about betting on horse racing, I have never bet there. because I do not have an interest in watching horse racing.
December 16, 2023, 01:57:25 PM
Gambing is for fun so we can not deny the fact that there are many gamblers who wants to gamble more cause they think that gamble is for happiness and Also when you got your luck then you will win too so you can get profit in it. While in trading we need to focus on in it's a serious thing cause will aiming for more profits. And also when gambler use his extra money to gamble then it's felt comfortable cause when he loss then that's part of the game nothing to worry cause he gamble for entertainment.
December 16, 2023, 01:09:07 PM
When it comes to entertainment its true that Gambling can be more relaxing than to trading.
Just imagine the Retired people, are they still spend their time in trading? Of course not and that’s why they gamble in casinos and they are enjoying it. Though of course this also applies to everyone, gambling can be more fun than trading, and in gambling you don’t need to analyze here not unless you do sports betting.
Just imagine the Retired people, are they still spend their time in trading? Of course not and that’s why they gamble in casinos and they are enjoying it. Though of course this also applies to everyone, gambling can be more fun than trading, and in gambling you don’t need to analyze here not unless you do sports betting.
December 16, 2023, 12:58:12 PM
I've seen many discussions comparing gambling with trading. For me the very simple answer can be found if the person does the following: take 2000$ and give one person 1000$ and tell them to play for 12 months every day and then take another 1000$ and give it to another person to keep trading for 12 months. after 12 months we would see which of the two people lost all the money earlier or which two people at the end of the 12 months were left with a profit. In gambling games, as long as the person continues playing, the person will not make a profit, only the person who plays and is lucky enough to win a lot of money that overcomes all losses and then stops playing forever.
while in the case of trading, the risks are also very high, and few people really make money, they are those who trade long period charts, something like 4h or 6h candles, but at least there are people who profit, despite be a very small number of people. I believe that you are having luck in horse racing now because you probably like and know this sport well, but these are very excessive cases, in general in games of chance you lose money and do not make a profit, which is why even governments are warning that gambling should be viewed as just fun
while in the case of trading, the risks are also very high, and few people really make money, they are those who trade long period charts, something like 4h or 6h candles, but at least there are people who profit, despite be a very small number of people. I believe that you are having luck in horse racing now because you probably like and know this sport well, but these are very excessive cases, in general in games of chance you lose money and do not make a profit, which is why even governments are warning that gambling should be viewed as just fun
December 16, 2023, 12:23:42 PM
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There is nothing to prove wrong because I agree with you. Gambling and trading are both ways to make money, but one is often said not to be a source of income and the other a source of income even though money can be made from it. Because Gambling is meant for fun and entertainment purpose, there is already a relaxation mindset towards it. Trading is known to be a serious business where lots of money can be made and lots of money lost in a few minutes, the thought of that already is very unrelaxing. December 16, 2023, 12:21:13 PM
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.
Considering the game display or even the casino vibes, you can easily tell that gambling is indeed more entertaining and fun to play compare to trading where you need to be more serious because in just a click, you can lose everything. 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.
Trading needs your focus and you can’t win in trading if you don’t know how to analyze. If you want to be entertained and to have fun, then choose gambling but know that its risky too and of course no guaranteed return.
December 16, 2023, 12:09:02 PM
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.
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.
December 16, 2023, 11:53:08 AM
I find trading pretty boring I have a hard time with graphs and the many lingo and jargon associated with them, gambling is fun, entertaining exciting gambling platforms promote themselves as an entertainment portal but you can not say the same with trading, all he books and strategies and experience about trading are all about making money, it hardly mentioned that trading is fun so you should not expect to make money.
The trading entertainment will be felt only if you had earned some money from it.If you had loss money by the random trading,then trading will be look like the boring subject to yourself.If you want to hear the music of trading,you should learn the music tone of the trading skills in the trading.Like wise gambling also the interesting subject,if you had improved the skills in the gambling and make some huge profit from the gambling as kike the professional gambler.The expect of the gambling will survive in the gambling for the longer period by their analysis of gambling in each game and rectify their mistakes in the next gambling games.The gambling will be the entertainment giving,if you had never expected the profit from it.
December 16, 2023, 11:47:23 AM
I find trading pretty boring I have a hard time with graphs and the many lingo and jargon associated with them, gambling is fun, entertaining exciting gambling platforms promote themselves as an entertainment portal but you can not say the same with trading, all he books and strategies and experience about trading are all about making money, it hardly mentioned that trading is fun so you should not expect to make money.
December 16, 2023, 11:26:02 AM
I don't know for sure what percentage of middle to lower class people gamble just for fun, what is clear is that the percentage is definitely high because many of them get depressed when they lose gambling.
But for most middle and upper class people, gambling is a way to have fun, not a place to earn income.
Likewise with trading, it will be very tiring and stressful when we take it as something very serious, therefore it must be considered as something fun.
But for most middle and upper class people, gambling is a way to have fun, not a place to earn income.
Likewise with trading, it will be very tiring and stressful when we take it as something very serious, therefore it must be considered as something fun.
December 16, 2023, 11:23:25 AM
I don't do horse race gambling but I am not so sure about your claim, because I believe that gambling is more entertaining than trading, anyone who goes after trading goes there to make money, there is nothing like entertainment in trading, you are going to be on the edge of your sit watching how things goes, even if you are using small money in trading you are always going to hope you win, but...
I like trading for one reason that I believe its good enough, that's skills, if you are good with trading you are going to make more money with confidence, knowing that you will make more money since all that matter is how good you are, unlike gambling..
I turn gambling into entertainment because
1. The chances of winning is far too slim to risk any high amounts on, there is not too many skills important in gambling than to manage your bankroll.
2. Its you against the house, another human just like you selling you a lottery ticket where the chances of winning only belongs to the house ( the CEO ).
Its just safer to use small money and watch your game, if anything good happens its good and if the other part happens you don't lose any good money.
For me, Skills on anything wins more than taking risks on lucks, you are like a blind man without his walking stick.
I like trading for one reason that I believe its good enough, that's skills, if you are good with trading you are going to make more money with confidence, knowing that you will make more money since all that matter is how good you are, unlike gambling..
I turn gambling into entertainment because
1. The chances of winning is far too slim to risk any high amounts on, there is not too many skills important in gambling than to manage your bankroll.
2. Its you against the house, another human just like you selling you a lottery ticket where the chances of winning only belongs to the house ( the CEO ).
Its just safer to use small money and watch your game, if anything good happens its good and if the other part happens you don't lose any good money.
For me, Skills on anything wins more than taking risks on lucks, you are like a blind man without his walking stick.
In essence, trading is the same as gambling. You can study a lot of trading books, draw seemingly correct charts, develop a bunch of strategies - and still everything can go wrong. The market is completely unpredictable. If you engage in gambling using certain strategies, you can also achieve stable results
December 16, 2023, 11:17:52 AM
If you put it this way, it is quite thrilling especially that it gives one that thrill but the thing I hate about such sports such as horse 🐎 racing is that it takes away your emotions in the long term which affects your social well-being with people around you..
Btw which race course was this, would like to look at the racecard...
Btw which race course was this, would like to look at the racecard...
https://www.sportinglife.com/racing/results/2023-12-16/fairyhouse/774267/irish-stallion-farms-ebf-beginners-chase
Hunters Yarn was in like a no contest race, there was no horse to threaten him other than the fence
https://www.sportinglife.com/racing/results/2023-12-16/cheltenham/770961/jcb-triumph-trial-juvenile-hurdle-gbb-race
Kourosh dropped at the last, he is not shown as favorite in results but it was best odds 1 hours before the meeting, 5/4 compared to 7/4 for An Bradan Feasa
What you described is swing trading otherwise you want trades to be settled within a day or short time frame then go for lower time frames like the 1hour, 15minutes or 1min or possibly even the seconds timeframes....
How can you settle your trades if the market doesn't move?
The game will start at 12 and finish at 14, the market can say FY and not move for 3 days! What can you do but wait like a meerkat on top of your pile of trades?
This OP is true to a limit but I'll disagree to an unlimited point. Trading, when responsible, is managed and risk is reduced to its barest minimum.
Gambling, on the other hand, is not like trading. It has more to do with luck than skills which is the basic for trading.
Gambling, on the other hand, is not like trading. It has more to do with luck than skills which is the basic for trading.
Same question that I asked others, if you think trading is just about knowledge and no luck, how come you're not a millionaire or billionaire by now relaxing on some beach with two yachts and 20 lambos in the parking lot? Oh wait, it's not like that in reality, right?
With how you have narrated horse race betting, I have now taken interest in it but in my country we don't do horse racing. In gambling even if you lose money, you leave there thrill to an extent most especially when you played your cards right and followed it religiously.
I'm watching only UK and Irish races despite not being from the UK, my country has just a few races like 4 festivals that are really of any importance and I never bet on them as I always find it hard to go again though all the history and time form of jockeys and horses.
So, you can bet on everything that matches your time, I would bet on US racing but because of the time schedule they are at night here so it just feels weird.
December 16, 2023, 11:16:50 AM
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
There’s a counter part of this on trading which is Binary Trading or Options trading which you will predict what’s the price position(below or over) to the current position on the given time frame same with betting on gambling.
However trading options is boring because you are just waiting and watching for the price compared on sports betting or in your case horse racing which you can enjoy watching the game and at the same time feel the thrill due to the money involved.
December 16, 2023, 11:05:50 AM
So prove me wrong (if you think I am), what am I missing?
stompix you are not missing anything. Anyone who tries to prove you wrong just loves trading more than gambling. The person is beginner in gambling and a intermediate or expert in trading.With how you have narrated horse race betting, I have now taken interest in it but in my country we don't do horse racing. In gambling even if you lose money, you leave there thrill to an extent most especially when you played your cards right and followed it religiously. In trading you must follow the market - when it is opening, when it is closing. Your heart would constantly be racing if you didn't set a stop loss etc. The point is gamblers are calmer than traders
December 16, 2023, 11:01:31 AM
I don't do horse race gambling but I am not so sure about your claim, because I believe that gambling is more entertaining than trading, anyone who goes after trading goes there to make money, there is nothing like entertainment in trading, you are going to be on the edge of your sit watching how things goes, even if you are using small money in trading you are always going to hope you win, but...
I like trading for one reason that I believe its good enough, that's skills, if you are good with trading you are going to make more money with confidence, knowing that you will make more money since all that matter is how good you are, unlike gambling..
I turn gambling into entertainment because
1. The chances of winning is far too slim to risk any high amounts on, there is not too many skills important in gambling than to manage your bankroll.
2. Its you against the house, another human just like you selling you a lottery ticket where the chances of winning only belongs to the house ( the CEO ).
Its just safer to use small money and watch your game, if anything good happens its good and if the other part happens you don't lose any good money.
For me, Skills on anything wins more than taking risks on lucks, you are like a blind man without his walking stick.
I like trading for one reason that I believe its good enough, that's skills, if you are good with trading you are going to make more money with confidence, knowing that you will make more money since all that matter is how good you are, unlike gambling..
I turn gambling into entertainment because
1. The chances of winning is far too slim to risk any high amounts on, there is not too many skills important in gambling than to manage your bankroll.
2. Its you against the house, another human just like you selling you a lottery ticket where the chances of winning only belongs to the house ( the CEO ).
Its just safer to use small money and watch your game, if anything good happens its good and if the other part happens you don't lose any good money.
For me, Skills on anything wins more than taking risks on lucks, you are like a blind man without his walking stick.
December 16, 2023, 11:00:45 AM
I agree with you OP, gambling is fun and relief from stress of the day or stress during the week. You can entertain yourself with your friends during the weekend with your favorite gambling games as long as you are not after making profit. Like this weekend, I am a fan of sportbet and I always chill with a bottle of beer with my friends to watch the matches and see if we made the right bet.
Trading is to complicated and have no fun in it because it is stressful and needs high level of skill in it. I don't trade and from what I have observed traders don't smile until they have made profit but you will see a gambler losing and he is still happy.
Trading is to complicated and have no fun in it because it is stressful and needs high level of skill in it. I don't trade and from what I have observed traders don't smile until they have made profit but you will see a gambler losing and he is still happy.
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