Is this Trading?

[Best Dreams]

i think not, if you say that trading why do they have to make a site for someone else and say the system will show bla bla bla.
I think it's odd, because trading is almost the same as gambling but can still be accomplished by calculations, predictions and others, whereas gambling is only based on luck.

For me gambling and trading both are not the same because in gambling you will have to make prediction about the game and it is different kind of prediction but in trading you will have to use knowledge and information to win profit so for me both are different and both are a little bit dependent on luck otherwise it is about experience and knowledge.

[audaciousbeing]

Bitfuturex.com has created One-Day Trading System, I would like to know your opnions about the system.
Is this good for Trading? Trader can make strategies to make profits in this system? It is new, we are not discussing the platform but the trading system.


how One-Day Trading System Works
You trade if Bitcoin price goes up or down in exact 24h period, Bitcoin price valid for your trade is collected in the next price record(00:00) and compared 24h later with next price record, algorithmn compares if price is higher or lower from previous price record, loser pool funds are shared equally with depositors from winner pool, 2% fees.
Depositor's Bitcoin address is displayed in pool's  list after next time record 0:00.00 hour(UTC + 00:00).

In my opinion, it really depends on the how you see the art of trading itself but for me, this looks more like gambling because its a prediction that sounded like you losing your funds should in case your prediction goes foul which goes against everything that trading stands for in my opinion. Of course its a service that they are offering and I believe they are not forcing anybody to comply with. If you are not comfortable, the best is to either ignore or move away from the site all together.

[arpon11]

Instead of making people as paranoid as they already are visit an unkown site, you can at least explain what your 'one-day trading system' is here.

Thant you for these comments! If he actually knows that the trading system work he should just make it open here so that some experts here will discuss it. we have many trading strategies and some of those trading strategies and system hardly work and the best thing to do is making it available for us here so we can discuss.

[MonsterV]

i think not, if you say that trading why do they have to make a site for someone else and say the system will show bla bla bla.
I think it's odd, because trading is almost the same as gambling but can still be accomplished by calculations, predictions and others, whereas gambling is only based on luck.

For me gambling and trading both are not the same because in gambling you will have to make prediction about the game and it is different kind of prediction but in trading you will have to use knowledge and information to win profit so for me both are different and both are a little bit dependent on luck otherwise it is about experience and knowledge.

If you compare the two, I think this is still in the gray zone. Everyone has a different perspective on gambling and trading. And according to myself, both of them can be the same and not, why? it depends on the person who did it. If a person trades with origin or guesses this can be said to be gambling but if using analysis then it is not gambling.

[bitcointraderlinuxxx]

I made my first trade there today, make trade without registration is really a good thing, just waiting to money be send back to my wallet if I did predicted price action correctly.

[bitcointraderlinuxxx]

i think not, if you say that trading why do they have to make a site for someone else and say the system will show bla bla bla.
I think it's odd, because trading is almost the same as gambling but can still be accomplished by calculations, predictions and others, whereas gambling is only based on luck.

For me gambling and trading both are not the same because in gambling you will have to make prediction about the game and it is different kind of prediction but in trading you will have to use knowledge and information to win profit so for me both are different and both are a little bit dependent on luck otherwise it is about experience and knowledge.

If you compare the two, I think this is still in the gray zone. Everyone has a different perspective on gambling and trading. And according to myself, both of them can be the same and not, why? it depends on the person who did it. If a person trades with origin or guesses this can be said to be gambling but if using analysis then it is not gambling.

It is Binary Trading

[LimLims]

This is clearly  a promotion.
This cannot be a  normal trading.
I would also like to advise people while using the above mentioned platform carefully.
Anything can happen.