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A really interesting article:
 https://www.ft.com/content/8f9bbc77-06b1-4fbd-8b7e-6e381ba038a7 (https://www.ft.com/content/8f9bbc77-06b1-4fbd-8b7e-6e381ba038a7)

The gambling Addiction helplines are spread across the world and people are super aware of them as well. Right now apparently there is a news regarding people actually calling those helplines asking help for not their *gambling Addiction* but for their day trading addiction.

The article goes far to compare the gambling with day trading, the trading platforms according to the article are now much similar to gambling and therefore when they talk about investing and trading, now a days, the animation, the applications, the bright colours, extreme profit and addiction is making it much similar to gambling.

Apparently the apps are designed in such a way that they rewire a person's brain and makes it harder for them to leave that habit.

My question is : *How far is day trading from Gambling according to you?*
Is that a valid comparison?? Are we soon going to consider the day trading *gambling?*

The article says because of the broker apps that has game-like features, I wonder which one they are referring to but it was back in the days already when we see exchange have their own dice games too like yobit.

If the trader experience the same thrill as gambling like how they feel on horse race betting I guess the association of it made the trader think he is gambling.

To me, trading and gambling is very different because of the chart I'm analysing.

That's just wonderful, they're addicted now and they don't know where to go so they get to the one that's being compared to their trade which is gambling. It's a pretty wholesome thinking that this is their decision, to go to a gambling helpline.

The part about gamification is indeed interesting, I remember one of the sportsbooks have their own leveling system that's rpg like where you need to gain items and weapons in order to gain some bonuses on your winnings.

I think it's somewhat close since there are gambling sites that offers similar experience to trading and from my perspective I think of it as like arbing where timing is crucial. Then again it's not surprising that only a few are capable of making money from day trading since there are people that will come out on top and vice versa.

Is this really related or not, but personally what is said to be a kind of gamble from day trading is when they trade futures. So it is very appropriate if you look at the level of profit and loss you get.

At first glance they will be very different, but when juxtaposed both use the same pattern. I can't fully say that this is a 100% form of gambling, perhaps more precisely, there are similarities in features that bring day trading traders like on a platform that uses crypto trading but inside it doesn't seem much different from gambling activities.

If they did really feel the thrill that they are looking for like in gambling then it may be considered as gambling. There are many forms of gambling not just playing card games and many more as long as there is a situation where a person is willing to risk his money just to earn profit. I would say that it is a gambling type of activity but in different way.

This is an interesting question and like most of the time to answer to this is it depends, there are many trading platforms that do not resemble a casino at all while there are others that show some similarities, however the most important thing is the attitude of the traders themselves, there are many day traders that are very professional and that are nowhere close to be your average gambler, however there are many day traders that do not really know what they're doing and they are taking decisions not based on facts but on their feelings and that kind of attitude puts them very close to your average gambler.

So it's just a matter of sensations being identified as having something in common when trading and when gambling. If conditions that emphasize trading feel like gambling, then there must be something at stake? if indeed it is now similar. How recently realized that I have been doing it for a long time. Could it be that this is just a deliberately linked speculation?

Agreed, and it has its own set of rules. Depending on your strategy, trading can also be a game of chance. When you first start trading, you'll often hear or read that you shouldn't treat it like gambling; you're simply casting trades without a proper strategy or knowledge, and you're relying solely on luck, which will cause you to lose money in the long run. You are correct; no matter what kind of game there is with money involved, it is still gambling. As long as you agree on the same rules to win the game, you are good.

To be frank, I visit exchanges where I am trading, minimum 50 times a day. So is it the indication of an addiction or being responsible in checking out my assets have got any profits to me? Have lots of questions. Recent ATH of Bitcoin and news spread about other crypto currencies growth, people started investing and eagerly looking out for their profits often a day? Is it due to more expectation or how this can be called?

I wonder if these apps are those bet up or down on the price for the next 30 seconds? It's kinda like dice to me, just that they embedded charts and the market movement into the mix and the odds are always 50/50. Anyway, I'm not surprised even if these 'trading' apps are not even involved. Some daytraders are really into trading that much that they are risking lots of money that they don't have thinking that their reads might hit the greens the next time around. It's that greed and that urge to win anything at all cost.

Day trading and gambling has a little similarity most especially scalping. Most times traders wouldn't waste time with analysis the would just follow up a candle with the mind of making little profits and end up getting trapped.

Day traders are becoming too lazy with analysis and this is pushing them to some sort of gambling options while trading. Most times when I am in need of quick cash I fall victim to this in many occasions but always try hard not to get overwhelmed by the market some days I could be lucky other times it's a different story altogether

I think that the doubt in many lies when they enter trading without knowledge and begin to do many negotiations based on sheer luck and doing what their feelings dictate, in that case it is dangerous to do trading, because that is when the said that trading is not gambling.

Mainly the difference between Trading and Gambling is that gambling has a lot to do with luck and randomness, leaving a very minimal percentage of knowledge + experience, on the other hand, trading if you know more, it is likely that you will earn more, with a very minimal percentage. left to chance.

I have friends who have dedicated themselves to trading starting with signals and then leaving everything to chance, but the moment their luck runs out they lose absolutely everything.

I think one of the most important parts of the article to highlight is this:

https://www.ft.com/content/8f9bbc77-06b1-4fbd-8b7e-6e381ba038a7 (https://www.ft.com/content/8f9bbc77-06b1-4fbd-8b7e-6e381ba038a7)

I also think so about situations that lead someone to gamble, then trade but have the same risk of losing. So so far in terms of trading I like long term trading. As for gambling, make it only according to the season to see the conditions that support it to entertain yourself. Nothing more than that, the goal will be very much different and avoid addiction.

IMO Day trading has a strong similarity with gambling reason being that they can both become compulsive. I've seen day traders who can't go two minutes without trying to check the charts, even at fun events where one is meant to relax. To me that's an addiction and it's no different from gambling.

I think this comparison of gambling with day trading is absurd, as the name says: " gambling " are games, day trading is not a game, it is something that needs to analyze the market, it needs to have a deep knowledge on the market, are completely different of gambling. I hadn't heard anyone say they got addicted to day trading, honestly this is the first time I've been reading this... but the chances of someone getting addicted to day trading in my opinion are very small, that's because day trading doesn't Easy money, the person does not buy any asset hoping to guess and make a profit, this is not how day trading works and almost everyone knows this, but in gambling people know that they are playing, that they are betting money and if they have lucky they won.

Day trading successfully over the long term hasn't been possible for about 15-20 years. That is probably why so many people are calling these hotlines, because it is such an exercise in futility that it may as well be gambling. People who do actually trade professionally are building their strategies around what will happen in 3-6 months and trying to make money that way. Like they would have seen oil prices were exceptionally low until recently but everything in history points to an eventual recovery - which has already taken place, so they would have made money by simply buying oil company shares a few months ago. If you want to invest in companies, do it for the long term and definitely stay away from any apps that look "flashy".

If you are trading 50 times a day then it is a similar to gambling in casinos but not entirely. Only the risking though and if you are only checking your trades then it is not an addiction but being active to check if you have profit or not. I think it is called following the trend. I have read somewhere in a thread where forum just woke up from deep sleep after hearing ATH bitcoin price news.

Yeah, remembered out about yobit which does have basically have some dice game or race game which could turn out those traders or users would really be having the easy access of those features which would really

result into more spending.If we do talk about basically on trading features that isnt gambling-alike then i dont see any connections because graphics and interface should really be that interesting and appealing.

Addiction is something applicable in all aspects or things that we do have as long you do engage it excessively and able to spent out lots of money or waste up then that would really be considered addictioon
which should really be stopped.

Day trading for those who are not really confident with their technical analysis in their day trades often are just gambling their chances on what they predict the price would be. Trading is somehow a gamble but the predictions can be infinite whereas gambling itself can be a 50:50 chance, 1:6, and so on. yes it is a valid comparison where there is no really huge differences in its general idea and action. It's no common that the market would make some traders require helplines as many can win many times and won't see the time passes. Day Traders are often engaged too much as it is their living, then therefore no wonder why it can drive them to trade more and more.

^ It is been always considered gambling in day trading because of the fund that you risk on it and the quick reaction of the market is similar to gambling. You gamble and risk your fund to the unpredictable market and hoping that it will have a double amount result. That is what we called gamble, though this is not a game since there is something risky, still it can be considered gambling, and if anyone will get addicted because of it, one thing has similar is the risk involved in it. For me, that is a valid comparison day trading can be gambling.

Day traders are a risk taker just like gambling and if they think they are already addict on that without having any self-control then its ok for then to call the addiction helplines since they need a help, and they are losing money as well. If you can help people please do so as much as possible, we are all fighting our own battle and addiction is a bad thing that can ruin everything.

Good article and old question.

Day trading and even trading in general is close enough to gambling. Not for dice or slots but rather to poker or other games where you can affect the outcome at least a little.
The same with online games and some other activities . 

But of course, in the same time trader != gambler. There a lot of traders without addiction which consider their activity as a job and nothing more.

I think it's different and gambling is clear from any definition. When lately many think the same clearly means it's not trading. Because trading, after all, there is the concept of buying and selling, while gambling is risking. When there is trade but with a gambling pattern, it is referred to as a gambling guise in the name of trade.

Day traders doesnt totally doing gambling it might be risky but doesnt mean that it could really be comparable to gambling literally.We know that chances on making profits are there if you do really know on what you

are doing and this would be typically be treat up when you do play strategic based games too but honestly they are still different on some scale.Investment is something that cant really be

be tied up with gambling so its a different thing which does need different treatment or engagement.

Day trading was always gambling no matter how you look at it.

The fact of the matter is that these people looking at charts like some sort of astrology sign without proper risk management are playing a zero sum game against institutions that are 100x better than them.

It would be better for them to just play dice or something, to be honest.

Gambling is different from trading but talking about the risk then it is really just relatively close but doesn't mean that you cant really make out some advantage compared on one another.

You do force out people to play gambling instead even if they do like to day trade? Yes, this wasn't simple but doesn't mean that it couldn't be done.

Addiction is on everything but there are things which could give out benefit rather than on messing your life.

True. Everyone knows the market is unpredictable on short run, so it's impossible to use skills to foresee crypto market's behavior in a 24 hours time period. Sudden events which may happen without previous warnings can affect the market positively or negatively and are out of anyone's control. As a hobby or extra income that is fine, but nobody should rely their lives on this activity.

The point is that day trading has become a profitable niche for many internet gurus selling their courses and masterclasses promising huge returns in a daily basis for their customers/disciples. Youtube is infested with such content as people go for it, because they want to left their currently jobs while increasing their money income doing less effort.

Yeah, I was under the impression that gambling and trading has more similarities than difference so I wouldn't be surprised by the data that day traders are calling gambling addiction hotlines to seek help because they can't control themselves specially if they are losing money in today's market movement. And that's why it is really hard to be a day trader, specially if you prefer to short let's say bitcoin because you are going to get REKT.

For me, not a valid comparison because they have a different approaches. While both need a strategically ways to win and money is at risk, the ones they are dealing with are a different environment. When someone becomes addicted to gambling, majority will encourage those to stop. But when someone got addicted to trading, they will be even more encourage by others since it's not just about getting profits but the knowledge people will gain by trading can be useful in many ways.

I'm glad that there are people seeking help although they called the wrong line. These people should try to read trading stuffs 101 everywhere and practice it to make it perfect.

Day trading and gambling are not the same, but in fact they are that different, but people are making it the same. In trading, you have to analyze the market before trading, it is not a game of luck for experts but how to just make money, but gambling is completely about luck, taking the team that best qualify to win does not mean a bet can not be lost whyole gambling like dog and horse racing, dice and roulettes are completely based on luck.

But trading and gambling are similar in some ways:

1. It can lead to addiction, if you are losing more than what budgeted for, then stop trading at the time, also stop gambling
2. No matter the type of trading, I mean opening and closing of position, trading is gambling for beginners because they know nothing much about it and they will lose and lose before they have more know and experience
3. The probability of money loss is much more and more far higher than the probability to make profit.

But gambling is game of luck, but trading is not the game of luck for experts but a game of opportunity, but trading is basically gambling for beginners that just started.

Trading and gambling are though different but they are still also similar, more people that gamble or trade make losses than win.

That kind of strategy to make money have both risk but I guess gambling is for the luck and strategy because it's all about being against the odds to win the game, in trading you can win a trade base on the market and different skills related such as the technical analysis, strategy, trading plan and more. These both give us a good profit and the risk to lose more. Which can be an addiction towards to the investors. It is good to grab the opportunity to get a higher risk and reward. I prefer trading than gambling its all about the knowledge.

There is a fine line between gambling and trading in general, but at the same time they are very different from each other.
Though both involves risk and of course money, but there's something more you can do and change when you're day trading to mitigate the risk involved than plainly gambling like dice or horse racing which is always dependable of the fixed outcome.

So, for me I think day trading is still far to be considered as gambling.

according to me ? they are verry far to the fact that im not doing daily trading . i believe on what others are saying that trading is a hard activity but gambling is verry easy and even if your new to it , you wont get intimidated to get started and continue  .
 trading and gambling requires money and may cause addiction , thats the reason why they compare or say that both are simillar in some ways .

Well thats not new, even before yobit... there are plenty platforms doing that, so yeah it was not a new trend but rather a classic one.
a trading platform using gambling tools, games etc...  everything looks really bias.. i mean user would feel confused whether it's trading or more to gambling when this kind stuff available in a platform.

i remember fbs doing the same shit since long time ago, there is a lottery..  slots-like game etc, shit broker.
so no wonder if people start calling gambling addiction helplines in for trading thesedays.

Well if we would take a look between gambling and day trading the essence of these two activities are definitely different from each other though both activities are requiring to take the risk of losing the capital that you put in it but comparing day trading and gambling I think is not appropriate. If we would think about gambling, gamblers are not just gambling for the seek of earning or winning but also with a sense of entertainment which in day trading there's no entertaining here when you are putting your money to day trade, it's purely aiming to get earn or win no matter how big the risk is.

I totally agree! I am saying that for years, day trading is gambling, and in that game people are playing against more powerful players, robots.. It's something I saw for myself when I was trying to make some profits from daily trading,  and who ever tries it will see the same thing.

Well, I am playing dices and it's more interesting than daily trading. I can't say it's more profitable, but definitely it's more fun.

People get addicted easily when something is interesting, and that's not a big problem...it becomes a problem when people start losing too much. Don't do that!

Day trading will look like gambling if the trader does not analyze to find the coin instead of using the other suggestion to buy the coin.
That can lead them to select the wrong coin and in the end, they will just lose the money and can not make a profit.
If you can analyze your trade and not just listen to other people, that will not be considered gambling because you have the basic thing you use to analyze.
Maybe trading could be considered as gambling as we hope that the coin will increase in the next few hours/days.
But for me, trading is not similar to trading if we know how to trade.
Just my 2 cents.

its individual outlook of the traders on speculating the price. if 1 out of 100 that says trading is like gambling, that 1% will look at it as gambling even with candlestick charts are analyzed. i don't see it as a problem if they are just going to win but if they lose even in the spot market.

if he buys ETH at $3600 and then sells at $3300 because his speculation went wrong then he is a bad gambler as much as a trader. i guess it's fair to call a hotline since he calls it gambling anyway.

Let me be specific, I am not talking about margin, future or any type of leverage trading but just only spot trading. You know that if someone lose money to gambling, he lose it forever, but many traders are panic traders, without no leverage, some will first be losing, the price of the coin will be increasing back to the extent it will increase and the trader will later gain. Gambling can be all-or-non while trading is different in this way because someone can be losing but later gaining.

Some people are using trading to gamble, these people are beginners, some do not analyse market but just trade the way they like, this is gambling. But for professional traders, they aren't gamblers even when they are losing, there is still chance that the trade can go other direction and favour the trader, but if gambler lose a game he lost it and can not be reversed. I am not talking about binary option because binary options is just pure gambling.

Day trading is pretty much like gambling,if you don't know what you are doing and expect gigantic profits with little to no effort.
Gambling is based on luck(maybe except poker).Day trading should be based on skills,proper analysis,controlling your emotions and discipline.I know that most day traders are far away from these requirements and they just want to buy a shitcoin and wait for it's price to go 10x.This kinda makes day trading similar to gambling,but there are differences for sure.
And yes,the day trading apps want to make a compelling design,that will hook the traders and keep them on the platform for as long as possible.I don't find anything wrong with that.The traders aren't supposed to act as if they are kids in a candy shop.
The traders are mature adults,who have to control themselves.

As mentioned above,,, I also saw many Yobit traders (I stopped using the site a long time ago) complaining on the trollbox they lost money not just on the "dice" game with huge edge but on the investbox and ICO options which of course we all know were ponzi schemes,,, but of course people who got greedy pretended they did not know the risks.

Trading is not gambling,,, but many traders gamble.

Gambling is not the same as trading and day trading. This is the opinion I have on this. Gambling is not really based on analysis, it is done with the idea of depending on outcome of the luck and to say more, sometimes when you are winning in gambling some people say they are lucky today and that is just about gambling for what it is. Trading is different from that, it is serious bargain for buying and selling that is why it is called trading.

Setting aside the actual gamification of those apps (and yes, I do believe they purposely designed some features that would trick your brain into thinking that this is a game), but in all honesty, day trading in itself is quite addictive and it's a valid comparison of it being like gambling. Just look at what was going on in stock markets in the 80s and 90s. The traders there were chasing that high day in day out, risking huge amounts of someone else's money. In the end, for them, as it is for a lot of day traders now, it's not about the money, it's about that adrenaline rush you get when you know you got one up on the market.

In some way, it's similar to gambling  in day trading you can also lose everything, and it involves minutes to minutes decision making it is not for the faint in heart, I'm not a day trader but I know of some friend who does day trading and has seen them lose substantial amount when they made a wrong decision and the market change unexpectedly if you are a day trader you should only invest what you can afford to lose  
although day trading involves a lot of analysis there are circumstances that the outcome will not favor you, the symptoms of day traders are very similar to gamblers, depression, and anxiety that is why day traders also need a helpline like gamblers.

Day trading will be the same as gambling when you do it without knowledge,  there is nothing wrong with day trading as long as decisions are made based on trading analysis in accordance with knowledge, but I'm sure many do day trade just by guessing or just using feeling.
The comparison will be valid if the trader trades based on what I said above.

This should be quite unsurprising.

Day trading has always been extremely risky and if you don't know what you are doing, it's literally glorified gambling.

Hopefully these people pull out early at least before they trade too much on margin and get themselves into a mountain load of debt... Lots of these stories occurring unfortunately because of this perception that day trading is glamorous and comes with lots of perks.

I am also thinking that the community must make action towards educating people specially younger generation about Gambling and this may take effect sooner.

because the world taking this as major problem but not acting to prevent this,instead only inside the house this has been addressed but not in school or in other areas in which this must be tackled.

the people around the world being lured in gambling without proper knowledge on what will happen to them if mistreated instead only the advantage is what they have learned .

It is an absolutely valid comparison, imo. Some people say that day trading is similar to gambling only if you trade "without knowledge". But, firstly, there are gambling activities where skill/knowledge is involved; and secondly, c'mon, who on earth trades "without knowledge"? I personally know a trader who's losing money almost each time he trades, yet he considers himself such an expert that he's trying to teach others.

In short, I would compare day trading to skill-based gambling like sports betting and poker. Yes it's not a pure game of chance, but you can still get addicted to it.

Maybe some people will say that day traders are like a gambling addiction, but I think that will depend on how people use trading. If they can manage themselves in trading, maybe they will not become addicted to trading and they can trade anytime they want, even if they use daily trading. I think it is how we should treat our activity and as long as we can know how to manage our time, that will not cause a problem to us. Day trading is like a regular job that we do daily and even if we have a chance to lose, we will also have a chance to make a profit later.

Hope you are aware of the fact that this has been and everlasting debate which keeps on happening across this forum. (People do ask like gambling can be day-trading in our trading discussion sub).

On q quick search I got few of our old topics which might be answering you:
Trading vs Gambling (https://bitcointalk.org/index.php?topic=1560811)
Gambling vs. "leveraged" trading (https://bitcointalk.org/index.php?topic=4473010)
Combination of gambling and trading (https://bitcointalk.org/index.php?topic=5351316)
Crypto trading or gambling (https://bitcointalk.org/index.php?topic=1546368)
Gambling is like day trading ? (https://bitcointalk.org/index.php?topic=5233200)
Do you consider trading as gambling? (https://bitcointalk.org/index.php?topic=1376803)
Outside risk: similarities between gambling and trading? (https://bitcointalk.org/index.php?topic=5099431)
Sports Bet trading! (https://bitcointalk.org/index.php?topic=1391112)
Which one is more risky? Skill-based gambling or trading? (https://bitcointalk.org/index.php?topic=1663661)
Why trading is better than gambling? (https://bitcointalk.org/index.php?topic=1665086)
Digital options - Gambling or trading? (https://bitcointalk.org/index.php?topic=5129778)
Is Bitcoin Trading Gambling? (https://bitcointalk.org/index.php?topic=2716987)

In my opinion, gambling is chance based and trading is skill based hence if you are getting into skill based gambling like sportsbetting or poker then you are almost trading there. Moreover, trading will simply come down to the level of gambling when you are not trading with the help of technical and fundamental analysis.

I agree with you, the only thing I would add is that the problem that is causing a surge in addictions are the new technologies. They have many good things and have changed the world mostly for the better, but they have their dark side.

Nowadays people are addicted to dopamine in many different ways like Facebook likes on Instagram, porn or addictions related to money like gambling or trading. So it is not surprising that traders call gambling helplines or women, who rarely watched porn when there was no internet, seek help for porn addiction.

For me addiction on both things are just the same, it's bad if your addiction is exceeded anyone's expectancy, because you're really helpless if you are addicted to the point that you don't care about yourself anymore, you don't care whether you eat or not as long as you have something to gamble in Trading or Gambling, same stuff. The idea is both things will cause you bad things, losing money and losing yourself if you don't know stuff and yet you still do Trading or Gambling.

Both Gambling and day trading can cause addiction because it involves investing with money and both can make you lose a big amount of money, I'm not into day trading but I know there's similarity based on the articles and experience of day traders, day trading consume a lot of time, effort, and money you have to be on the chart most of the time and you have to make the right decision from time to time and this can take a toil on your well being, so it's not surprising that they are showing signs of depression coming from addiction.

If you are not involved in arbitrage or high-frequency trading (which is essentially a type of arbitrage), then intraday trading is completely equivalent to gambling. It is naive to assume that in any way it is possible to guess random price fluctuations over short periods of time, it is no less naive than guessing the result of a coin toss based on the history of tosses.

it makes no difference, you are absolutely right the most dangerous addiction is indifference to oneself ,want to eat or not the important thing is that it can flow the desire to gamble and that is very dangerous ,has a very deep moral message

instead of turning attention to day trading it's not much different because the situation when doing day trading follows trend or guess like a psychic and there is no guarantee the price grows fast ,and I think is like crash gambling but with a small risk of losing ,day traders hard to say sometimes it can be profitable and sometimes much worse because it feels like it eats away slowly

The gamification part I think is just serve as a distraction to the actual issue. Day trading gets more addicting because of fast-paced cryptocurrency and meme stocks, combined with leverage. I still remember day-trading 10 years ago was just boring since the stock price movement was very slow. Nowadays, people can win (or lose) something in just one day, and it's somewhat random. I'm not saying that this tech development is bad, but certain people shouldn't get involved if they cannot control themselves.

Future/Leverage are indeed on the gambling side no matter how you do make out good analysis but still those would really be having that 50-50 chance whether its a good call or would totally wreck
your balance.In the word addiction itself is never been good, anything which is excessive is bad and would really result into disaster but if we do talk about spot day trades then i could say
that this is much more worth rather than on playing gambling itself.You cant really make out some comparison since both does have different level of risk.

Trading can be a gamble because we are trying to risk our funds to winning higher more but the difference is gambling does not require too much deep understanding just understand how the game works and how to counter your enemy or the game itself, in trading you need to understand the market, how it works, what are the possible signal to get a precise decision to risk your money. Still i prefer the skill base to risk than being dependent on my faith.

It's too extreme to call day trading the same as gambling addiction. I don't agree, it might look similar but I think it's different. indeed they are both guessing, but day trading has a strong foundation through technical analysis, and that may not be in gambling. Maybe the addiction you mean is an addiction that ends in loss. Actually day trading has a technique that must be mastered, especially emotional control. I think if you have it all will be fine.

If ever a news article could be branded as fake news it would have to be the above far fetched headline.  People with an addiction, be it booze, drugs, gambling... even banking the house and car on the stock market are prepared to blame just about anyone, or anything for their addiction ... except themselves and their greed/lack of control.

That's quite interesting to know traders are getting addicted to trading as well. I knew that gamblers have addiction problems with gambling but this is new.
Even I have read that trading is often compared to gambling and this scenario is just proving the same.
I hope those gambling helplines are actually helping those traders who are calling them for help.
If otherwise we should be having a new category of helpline numbers for people who can't stop themselves from trading.

This cannot be called an extreme, this is just the truth and situation that most of our eyes see as day traders are getting more exposure to the market with gambling methods, rather than highly trained techniques, it is worth noting that the spot traders demand too much optimization so they approach and accelerate the speed of time with leverage. Once the flow is chaotic, it is also a depiction of the day trader's introspection, too many intersections can form a gambling addict, with no sense and adjustment of the habit that will go out of control.

Not really that far and I take trading is just like the same about gambling. For the fact that gambling doesn't rely on luck but also on knowledge and skills, the same thing we need for trading, and sometimes we just wish for some luck for a better trade. Maybe if we are in the lottery, that consists of luck only but we are not talking about that, we're talking about gambling in general which shows how important to have those things (knowledge and skills). Well, of course, it was in the different strategies and market applications.
But if we talk about addiction, that is not the thing I look at between them. I'd never find such comparison as it was easy to stop trading than in gambling addiction.

I think it was compared by thinking the risk of gambling and day trading. The chance of making profit by day trading is really low I think and sometime trader become addicted in it when they lose for some days in a row. On the other hand in Gambling risk is also high and chance of making profit also low. For why maybe they compare on both of them. :)

Both have risks so I must say that they're mostly alike. However, day trading needs skills and knowledge about technical analysis and they mostly rely on their speculations based on the movement of the market. Gambling is mostly based on luck and it doesn't require much skill but the addiction to it could only be the same. Things will still depend on how an individual would keep himself from falling into the trap of addiction.

https://i.imgur.com/wd0uu9F.jpg

I don't believe in technical analysis, even in the stock market. Correspondingly, technical analysis generally in cryptocurrency looks even more dubious to me. And certainly such an analysis looks doubtful for insignificant periods of time (such as intraday trading). Do you really think that these completely random price fluctuations, caused sometimes simply by the actions of individual traders, can be predicted? This is gambling in its purest form.

It's somewhat connected though so it's not really an unlikely thing to happen, I mean people compare trading and gambling as a same thing as they both have risks involved in them and I do think that if the traders that uses that helpline, why no? If they need help, then give it to them.

Hahaha, that's a good point. I just read that part in the original article and decided I didn't need to read any further.
Journalists often twist the words of experts to support their crazy theories in order to prove a point.

well we can really say that day trading is like a gambling because in just one mistake you can there will be a massive losses especially if you can handle your emotions while trading. but for me in my opinion it depends to be honest, wherein the situation of the market is it's totally in bullish mode or bearish, because if market is on bullish there's no need to worry if you made mistakes because you can hold in order to recover your lost in just short period of time because surely it will goes up again, unlike in bearish that you don't know when it will gonna came back to your buy order just ti recover your losses because when it comes to that situation there's a lot of false breakout, so if you cannot hold you cannot hold your emotion for long time of course there's a massive losses. So it depends for me in my personal opinion

With a summation such as that, there really isn't any need to read any further.  Cherry picking one or two words (or a phrase) and presenting it as fact is what gives journalists their well deserved bad names.

Check out the movie Absence of Malice (https://en.wikipedia.org/wiki/Absence_of_Malice).

Opposite to my point of view  :D
"Market analyze" is always the same as "i'll bet on 3 red" because as you don't have full market data you can't do right conclusions. So trading without full amount of data (which you never obtain, it's impossible) is very close to gambling.
.............


From that point of view we can state that Youtube is very close to gambling, because most of youtube blogs/vlogs are not popular and only small amount of people are popular youtubers

This is good talk because I already have talk in different groups and channels about this, and we never have any positive end of this, every one is going to talk for his own sack, but one thing is sure mostly feel these both have similarity because both have risk and both can bounce back any time without any prior notice.

But one thing is very important that when peoples start this trading professionally they have done their own strategies for long term because they have all things in their hand, and they understand how to manage but in gambling it's never been works you can't go with strategies mostly it's happen through luck and this can break you any time without any serious trouble.

Everything in life is about gambling, but there is this specific type called gambling which I do not need to expatiate on because everyone know that already. Comparing this gambling like casino, sport, horse racing, dog racing and such on gambling sites to trading is what this topic is focus on, life itself generally is about gambling, but not this general type.

they analyze the market actually. if you look at the forex traders engaging in binary trading options which somewhere along the line of gambling, they read charts and understand how to use indicators and predict the market so well. it's still called "binary trading" though but very close i suppose.

same with spot market, many will buy low and sell high in the hourly char and sell whenever they see price is overbought. they will call it an accumulation. if they panic while it's dropping and the chart can be confusing whichever the trend will go, they sell resulting in lesser coins.

The comparison isn't valid or fair. IMO, both activities are poles apart. Even though I acknowledge that trading is speculative in nature, there are guides as navigation tools called indicators to guard traders. I don't see that type of guide in gambling which rely solely on pure luck. From my little school boy experience of gambling, those who indulge it depend on chance to win. It's always an infinitesimal percentage that often gets lucky to win. As gamnlers struggle to win back what they've lost, the addiction to it sets in. They never eventually get to win back their losses, anyway. The only traders that would see trading as gambling are traders who think there are shortcuts to success or think trading is a Get Rich Quick scheme. To be frank, it's very stressful day trading. Traders should move on to swing and position-trading and save themselves the hassles of always watching paint dry.

Gambling addiction line could be a little extreme of course, but it is still quite the same logic for many people. When you start trading then you are doing something that you would probably not do normally, which is putting your money at risk, which is the only part that is similar to gambling.

If you also can't stop even while you are losing and keep doing it over and over again and keep losing money then it would become the second part that is similar as well, that is not inherit to trading, you could actually profit if you are good compared to casinos where you are destined to lose if you gamble long enough. However, if you fail to do it and keep losing for a very long time and end up with nothing then you could probably call the addiction line to get help. I will always support asking for help, it is the start of getting better in the long run.

Cryptocurrency is an asset striving to provide solutions to myriad of problems from finance to counterfeiting, entertainment to gaming,  and the new kid on the block,  defi and metaverse.  Trading Cryptocurrency is not gambling,  the presentation of Cryptocurrency as a fast money making is!  Many people were made to believe that they can make quick money trading and investing in Cryptocurrency when in actual fact,  they were just gambling. Cryptocurrency is far away from gambling!

You are right, although gambling is a very different activity from trading, many tend to confuse it, it is for this reason that many traders have many losses when they start, I think the same, gambling leaves almost everything in the hands of luck and randomness, while that in trading the degree of knowledge that the person has determines their success rate in the activity.

If we take into account by simple inspection, I think that there are many more cases of addiction to gambling than to trading, of course the figures for both can currently turn out to be large, but due to the pace of life we are living, it is known that the safest direction It is through the digital world, and when one talks about money and its ways of doing it, both gambling and trading are highly dangerous to lose money in a very simple way.

People need to change their perception that crypto trading is a fast way to make money because that needs many things before earning money from trading. They need to learn about trading itself and master every lesson to be able to make a profit. That is the only way they must do and to avoid that crypto trading is the same as gambling. If they do not learn anything, maybe that can be considered gambling because they only guess what coin they should buy or just follow the other people's suggestions.

if they trade altcoins, it's a sure win to lose. altcoin promises made them invest in crypto.
it's also what drives people to cryptocurrency because they see crypto trading as the fastest way to make money. the motivation to earn more drives them to go into crypto trading and then addicted to it. they wouldn't be calling for help if they are winning but if they are losing that will make it look worse. it likely affected their daily lives that's why.

That's not surprising, given how we compare gambling and trading and deciding that it's all too similar with the risks that they're involved in, I think that there's nothing wrong with what they're doing, they're a helpline and if someone asks for help, you have to help them right?

If they motivate themselves to earn more, they must know that earning more needs more learning, which means trading will need skills. Trade altcoin can give them money if they do it right and are not in a rush. If they become addicted to trading and have the skills to trade, they will make money from trading and that will be better for them to trade than to gambling because, in gambling, they will feel hard to earn money than trading. They need to realize that trading can give them a chance to make money, especially if they are willing to learn more about trading.

If traders felt the same way gamblers are feeling then the difference between day traders and gamblers is not that much since been addicted doesn't necessarily mean it only happens to gamblers. The anxiety players to make money both in day trading and Gambling is driving force behind one being addicted and that can happen to anyone in trading or playing gambling.

Gambling is more synonymous with the luck factor, while day trading, I think it is more of a trading strategy to make a profit. We have set targets and cut losses, so this is not entirely based on luck. and I think the trader himself understands him better

Such people mostly represent traders who treat cryptocurrency trading like a casino. Those traders who adhere to the rules of trading and do not exceed the risks when opening deals will not face such a problem, since for them trading is one of the types of work, and not a way of entertainment.

There is a slight difference between trading and gambling. In gambling, you can get excitement and fun before losing but in trading, all the weight of all the world is on your shoulders, you are constantly under pressure, you may miss a night sleep to track the price (I had that moments). Once you lose 10% of your capital, then you need more than 10% rise to reach the original capital. If 2-3 loses are in a row and it's very, very usual, then you are becoming more nervous and the more nervous you are, the more mistakes you make. Finally, you are becoming addicted!

Sticking to the basics of trading is not easier unlike how it sounds theoretically while everyone learns from books or videos. This is the reason, most traders do break the rules of trading by taking too much or risks and then start gambling with the markets. So, there will be no shocking on seeing traders are approaching addiction helplines. I have seen people who got addicted to trading in exact similar manner to how gambling addiction ruins one's life.

I am not seeing any big differences on what usually gamblers do after losses from what traders do after losses. Losses->nerves->more losses->chasing losses->keep trying->addicted.

It depends on the psychology of the person himself. And it does not matter where such a person turns out to be, in a casino or trading on the stock exchange, his views will not differ from this. In this case, he will trade exactly as if he is playing in a casino, betting on red/long or black/short.

I agree. People are treating both gambling and trading in similar manner just because of their own psychology.
If they are caring their financial things then definitely they will find skills to distinguish between trading and gambling. But, most people are lazy but greedy at the same time which is the reason they will never get time to develop their skills but going for trading how they are gambling and keep gambling for easy money.

Depends on someones psychology and treatment towards trading because not all would really be having that investors like kind of mind but rather being a gambler basing up with behavior.

Addiction is something can be applied in all sorts of things but you should know to differentiate which one is really worth to risk and which one is really just good for entertainment.

You should know on how to handle things so that you wont really be having some problems later on when things turns out to be bad.

If you're having only one emotional problem then probably you can come out of it but when you're having two problems which are related to your emotional failures then probably you will never find any appropriate solutions to recover from it. I mean being greedy and being lazy cannot be a simple emotional failures for any trader or gambler. They must need more attention and time to recover from it so that they could find opportunities to make use of trading and by leaving off gambling.

When you're not good in the emotion control then definitely you will get addicted even with trading. But unfortunately most people are thinking only gambling is addictive.

Once people can earn many profits of money from day-trading, they will be more interested and addicted to trading.
For a very professional trader, he can actually manage not only the emotion, risks, and funds, but also manage the time wisely. They can do trading at a certain time, by using time management, but still having good quality on trading. But of course, they can also manage themselves to other activities that make them still healthy for physically and mentally. Because there are still aware that trading is not the whole world, this is part of life.

But for people who are only concerning about getting much money and more money and they can earn it through daily trading, and moreover, they cannot control themselves to get good and wise time management, they may be addicted to trade more and more, without paying attention to the time.
I have some friends who do this day-trade. They cannot have good sleeping time, just focusing on the monitor, and really decreasing the quality time with family, with social, and also for the shake of their own health. It may be called a daily trading addiction.
But I cannot blame them because they may have certain purposes or cosndierations.

But for gambling vs trading addition, both may need to manage and help, but gambling may be worse.

There are many clinics with programs to treat online trading addiction, from several years, from common one to very exclusive, this is not new unfortunately.

I wouldn't mind seeing some exchange support that is also providing trading addiction counsel. That's a new position from exchanges to fill in.

If this is going to be usual which users are going to be addicted to trading, a hotline for Binance trading addiction would be needed? It might be a stupid idea at first but probably going to make sense later when more users could not distinguish anymore which is gamlbing.

Well, that's the thing about it. Once, it gets to the system it can hardly go. Or we can say it's been a habit? for them, as far as I'm aware it's a must to actively checking the charts if you are into day trading. Since a missed trade could cost them a lot.

"I've seen day traders who can't go two minutes without trying to check the charts, even at fun events where one is meant to relax. To me that's an addiction and it's no different from gambling."

I somehow agree at some point and disagree at the same time. I'd agree that day traders are regularly checking markets for a possible trade even at any events. I'd somehow disagree on the addiction side, well let's say it's their full-time income source so I purely understand why they do it. But to compare in addiction on Gambling is quite a shot. Though are still a lot of argument in regards to habitual acts and addiction.

That’s funny because last time I checked day trading is income source of many peeps in the stock market as well as newly emerged crypto space too. I don’t see that as a problem though article has counted it as problem. I mean if that’s the thing in crypto then why no one argued on the same in case of share market day trading. In fact many peeps are switching the day trading in share market to day trading in crypto space. This is because of volatility of the market which has been great essence for a day trader in terms of quick profits (losses too). If played carefully then it’s not a addiction but it’s whole new stream to learn about.

There could be many clinics and helplines but there are many traders and addicted to gambling that doesn't want to expose themselves calling them or scheduling an appointment because they're thinking that it's embarrassing getting some help.

Yeah, not new but still many deals with this problem and even if they needed help still many won't approach. The article might be describing a lot in numbers but I think they're still few from the many that hides this problem.

By "fine" do you mean that you'll not lose a lot of money, or do you mean that with good emotional control you can earn money with day trading on the regular basis?

I personally think that emotional control, although necessary, is not enough. It's like in sports betting and poker, which widely compared to day trading in this thread, and rightly so, you need something more than just self control to be making money with those activities.

It is obviously not enough, I do not know what he was saying but I can say based on what I have been doing so far I can say that it is definitely not something that would be horrible for people, it is definitely something that you would be able to profit from if you can have emotional control.

However it is definitely not enough, you need to be a good trader in order to make good returns as well, it takes a while to do that but you could do it nevertheless. I personally believe that I have emotional control but even with that I am not suddenly a good trader neither, I am a decent trader at best. So you need to learn how to trade very well on top of being able to control your emotions.

When someone obsessed with trading everyday even if they are not making profits then its a sign of an addiction and its very normal among day traders because lot of companies give them apps to their smartphones and ask them to choose how the future movement will be but they call it as day trading. ::)

I won't compare this to gambling but the truth is, anything we are addicted to, and is done over-limit is not good at all, be it gambling or day-trading or put whatever you do too much of which the time should be utilised into something better. I won't say that you will become millionaire or billionaire through gambling or trading, but yeah you'll definitely lose lots of time that you can give to your family and the society. And if you become too much successful in either gambling, trading or both, then it's much of your luck that you get and you must understand that you are authorised to that money and now, you need to handle it with care.

This must be a valid point and most people never think about. Unfortunately almost all the human are imagining/presuming like we are having unlimited amount of time but practically that is not true; we start realizing the importance of missing out or wasting time only when we start worrying about not doing something at right time (I have wasted more than $10k in commodity market by 2007 to 2009 and if I would have bought bitcoin for some 10% of that money then I would have been a billionaire right now; only a time machine might solve all these frustrations).

Everything which is excessively done wouldnt really be nice or good no matter what kind of thing you are dealing with including trading.If you do overdo it then for sure there would be mistakes that will really be committed.

The difference on here is that trading is totally different with gambling no matter what angle you are trying to look at.It do only comes to a point to become a gambling when you dont know on what you are doing.

Addiction to it means that you are engaging that much which is bad on that case but doesnt mean that it would wrekt you up just like on what we are seeing in gambling.

And yet being able to control your emotions is the key here. With that ability you will not lose a lot, at least.

To me it's still questionable whether we can learn how to be a good trader, poker player or sports bettor. I mean so good that we could make our living from those activities on the regular basis. So, the importance of self control shouldn't be underestimated. Yes, having it is not enough to make money, but it's necessary to have it for not accidentally losing all you have.

Yeah, both traders and gamblers never realize the importance of value of time; I do hear most gamblers are into gambling just to kill the boredom; when people imagine that they have excess amount of time then how we could teach them the importance of time?

Traders do hesitate the make use of stop-loss orders which enforce them to wait for more time to get back the market into their direction; but the prime purpose of stop-loss order is to save the time by exiting at minimum losses but most traders never realize this fact as well.

Yeah, self-control is highly interlinked with risk management. Being discipline may not help in actual trading but may help to take timely decision. It means those highly skilled traders are still losing money just because of lack of self-control; our high level analytical skills will get voided if we do not have self-control.

Idk, I think there are fields where you can be highly skilled and earn good money with that, like coding, or UI designing, but I don't think that crypto trading is one of them. They say half jokingly: "TA is astrology for men". Well, I wouldn't go so far to say that TA is similar to astrology, because astrology is total BS. BUT there is still too much uncertainty there to think that being highly skilled and with good self control you can earn on a regular basis with trading activity.

Self control works silently behind every step of the path of life if self is controlled then you will see that decision making is easier and of decision is also profitable you do not want to be frustrated if you cannot get the right pitch so invest in a good capo must move forward at risk. From gambling addiction it would be better to engage in trading or other activities emotions are part of our personality if we continue to express our emotions uncontrollably and cause embarrassment to others it will affect our personality.

I believe that if you are "addicted" to trading then you should be learning it and getting better at it. I mean the reason why gambling addiction is something that is dangerous because it is something you are 100% guaranteed to lose because of the house edge if you keep gambling, any drug that kills you is a bad one because it literally kills you, anything that is addiction and that hurts you is a bad thing basically.

However the reality is that trading is not inherently something that is horrible, I mean you could be great at it if you learn how to do it which means that you are going to be making a great profit and making a profession out it if you are doing it properly. This is why I am not sure if it is same as other addictions.

Both involve risk but the nature of risking their money is different.

In gambling, mostly rely on luck in order to profit from every round. There is no thinking required since you either push slots and pray; or you play card games that both require some level of thinking and luck.

In trading, a person is required to analyze both the internal and external factors of an investment in order to arrive at a decision whether to purchase or not. Traders also rely on their experience whether to purchase a certain investment or to sell their current investments. Though both rely on luck, trading cryptocurrencies is considered to be more technical since you can lower your risks of losing your investments.

There are too many people who think that they could change their lives with crypto and they end up not doing something like that and it hurts them a lot as well. People should realize that they will not be making a lot of profit with the crypto income and trade if they are just rushing into making that type of money. I mean let's be honest with each other, if you get into crypto then your life will be better if you are willing to wait for years.

However, if you are in and you think that you could make a super amount of profit very quickly and suddenly get rich then you are going to get poorer instead of richer. There are some idiots that pay the scam projects all their life saving and they end up losing all of that and you should be really not doing that, bitcoin and eth and some few other coins are great, maybe 100 max, but people put money into stuff that are not even listed in CMC and then hope that they would get richer.

I think it is quit nice and explaining article and a great way for these day trader as gambling addictions helplines will help them a lot, So when they think that they are in a way of gambling than they should done it using the addiction helpline. What else the people think about the day traders, but it may helps them.

Even I was asked to put in the exact amount you're talking about, i.e.; $1k (INR 50k at that time). During 2011, I was asked by a friend who wanted to sell his 10k BTC at just INR 5 per BTC (which is roughly $0.1). But my dad thought that this is a scam, ponzi and whatnot and he denied while I tried my level best to make him believe in this. No matter what we do, we will always have something to regret about, and even in trading, if we would have longed BTC at $3500 in futures at even 10x leverage with just $1k, we would have made a fortune after BTC making an ATH of $65 grand.

Guys, these stories are very similar to something like this: "I rolled 99.99 on a dice site the other day, but I bet with $0.001 only, and won 10 bucks. If I'd bet $30, which were on my balance at the time, I'd win almost $300k!"

See? That's why they say crytpo trading is very similar to gambling, and that's why some day traders are now calling those helplines. Be careful.

I would not mind actually, but maybe I can see it that the bad habits are like something that they would not love to be called at or be called down for. Good thing I did not addicted to gambling at all nor the day trading, judging my first day in Binance while scraping up tutorials from Youtube. :D

I would say that it is a lot similar than different, but it is not exactly the same neither. When you are gambling the house edge GUARANTEES that you are going to lose all of your money, it is literally guaranteed that the more you gamble the more you will lose and that is exactly why casino business is a great business because there is a guarantee that your casino will make a profit in the long term. Sure there are gamblers who win like that sometimes, but do you know what happens to those people in the end? They lose all of that money as well. I have seen someone who turned 300k into 6.5 million dollars in a few days and then lose that 300k and then another 300k on top of that in the long run.

The trading world is not like that and I would say that there is a good chance you could keep on making a profit for the long term and that is the great thing about trading, there is no guarantee to win but there is no guarantee to lose either.

Nope, that's not guaranteed, and if it were, no one would play in casinos, neither in land-based nor in online ones.

The only thing that is guaranteed, provided that many millions bets made, is that all the players altogether will lose something around the house edge to casino. That's how casinos stay afloat, not because they rip off all their customers of all their money.


Trading is not purely luck based, that's what I agree with. But there are partially skill-based games too.

If you are not aware of this, then I am sorry to break it to you :( But you are guaranteed to lose all of your money depending on how long you play. That is literally what the house edge is there for. The difference is that you could start with 1 dollar, turn it into a million dollars and then quit, that would mean that you turned 1 dollar into 1 million dollars and got out. This is possible, and you can do that, BUT if you turn 1 dollars into 1 million dollars and then keep gambling then you will end up losing it all as well.

There is zero possibility that you could keep on gambling forever and not lose your money, it is mathematically impossible. Yes it is correct that the "average" is the house edge, but the reason for that is the fact that eventually even the winners end up losing all their wins one day. The only way to profit is to get out before you start losing.

But how you would consider out on when to get out? It is just too impossible for us to believe on that we will stop completely midway or when we are already in profits.It cant really be just avoided
that we would really be having those thoughts that we might win even more if we do tend to bet up more which most likely the case where people do end up on giving back those winnings
in the casino and this is where you do start on taking up some blames whether you do say that the casino was rigged or simply you cant just resist.
Day trading as an addiction? I do much prefer on this kind of addiction rather than sticking with gambling.

There is zero possibility that a construction, whether it's a bridge or a building, will last forever. Maybe some people would disagree with this, but not me. :) There's zero possibility that the Earth will last forever, and the Sun too. But how's this information can be helpful in our everyday lives? Not much. What's helpful is some info about probability of losing everything during our lifetime(with gambling), or several lifespans, with bridge or building.

And if you are saying that a gambler is guaranteed to lose all of his/her money eventually, if they gamble repeatedly, within their lifetime, then I strongly disagree with you.

Yes! It is right that day trading is just like gambling habit. Traders that like to earn money from short term trades and exit the market they prefer day trading then the long term holding. Because in this way, traders earn small profits with low risk factor. And some peoples do trading regularly to make profit. And their routine looks like a gambling.
But traders have their own choice.

Those that are calling those gambling addiction helplines have to be the ones that are losing their money, after all if you are a day trader and you are winning then why do you need any help? The only way it could make sense is if the person is always staring at their screen to see if they can catch a profitable trade, but this could be easily solved with a bot, the ones that are calling are obviously the ones that are trading and are losing a fortune in the markets, and this is because they are trading in the same way they gamble and that is a mistake.

Yeah you could make use of bots but there are instances or situations on where it does need human intervention which simply means that being a day trader doesnt really fully rely with bots if you do ask me.

Addiction in trading and addiction in gambling is different because on trading you've been dealing on thing which could possibly give out profits if you done it right and also you could apply analysis into it

not like with gambling where you do make out bets and dealing with leisure and not an investment and thats the main difference.

I have to agree that using bots in trading is not effective all the time. It could be just an alternative to working on us in behalf of our absence but above all of the strategies and decision making still, it relies on us (humans).

And in regards to addiction, I don't think that really it happens in trading, unlike in gambling. Maybe we can say trading is like gambling due to the nature of the market but that is the only comparison they have, it all has differences and results. We can make a good living in trading, a far different from what we got from gambling.

Trading bots are basically us, that's what people do not understand. It is us that trades for us 7/24 non-stop. However great you are, will be how your bot is, if you are bad then it will be bad as well. I personally try to not look at it that way, I try to look at it like it is something that is like my arm, or my leg, like an extension of myself. That way I end up with trading bots that are never failing to do expected stuff.

I tell it to do something and it does that, which means I wanted to do something and it happened, I was just not there while it happened. If you do that with VPS then you do not even have to check it constantly, it will be there working on its own and that's a great feeling.

It is true there are instances which a bot may not solve on their own, but even if that is the case you could at least code your bot to send you a message when that is the case, that way you can obtain profits with your strategy without staring at the screen all the time and only do so when there is something worth your attention, now about the second part of your post, it is true that gambling and trading are different but there are many people that treat them in the same way and as such they get the same results.

Day traders are very addicted once we really know how to trade daily and earn much money from it.
But, I am sure that it is different from gambling addiction.
That may be some addiction but it is exactly different from gambling addiction.
Gambling addiction commonly will not really pay attention to how they play, they only want to lay gambling.
But daily trade is different. They focus on their trades, doing always research and also analysis to the market, always focus on market analysis in order to get and earn profits always, doing trading again and getting profits again.
But, if we cannot control it and we don't know enough how to do with the trading, it may be like gambling addiction

Addiction in trading is somewhat much preferable compared when you do get addicted with gambling or with other vices but doesnt mean that you shouldnt really be that prepared on how to handle them up because everything which is excessive would be always bad and you should really be keen with these
kind of situations.Addiction is something talks about being excessive but of course if we do talk in trading then it is somewhat a  beneficial kind of
act because the more experience you do get from trading the more better you would be.

Addiction no matter to what is very destructive, even in the best case scenario in which the trader was a profitable one and was obtaining money out of his trades we are talking about a person that probably is not sleeping or eating well and it is disregarding other important aspects of his life like his family, this is not a healthy way of living and it will eventually diminish his quality of life, and if he is a losing trader then the losses he can incur are probably higher than anything he can lose while he gambles.

There's a valid comparison if you are gambling based on your skills.

Problem is, the majority of the gamblers do not use their skills, they tend to rely on their luck more and they are undisciplined, so you can really expect that problem will occur over time which is what creates an addiction. Day trading is different, before you enter into day trading, you already understand the risk and your chances, you don't play the game by just doing some random choices, you choose your strategy based on the information you gathered and the experience your earn.

I don’t see how trading and gambling are the same with each other. They are both totally different, because when it comes to trading you’re required to do analysis and through this analysis you’re able to predict what the market would turn out to be, although I do understand that analysis doesn’t really give you hundred of what the market would be, but at least you’re able to tell that the market will likely go a particular direction due to one thing or the other that would happen.

Finally I would like to add that there can always be an addiction for anything, even in day trading there can be an addiction and since there are risks involved, you’re taking risks by being addicted to it, because you will be losing money all the time. So addiction is always bad and should be avoided.

And what's surprising here, I'll tell you more, remember there were slot machines before, so they all switched to such platforms under the cryptocurrency, such people have no goal to make money, they have excitement and they get some kind of pleasure from it, where there are risks of losing everything and where there is excitement, there will always be people of chance ...