TRADING IS NOT GAMBLING

[Baki202]

Trading is not specifically gambling per say but in other words it is. Both trading and gambling is a luck. Anything risk is attached is gambling. Trading is a long Time investment while gambling is something you something you want the result sharp sharp. Another thing about gambling is that gambling is addictive while trading is not. So we can say that trading is not gambling.

The thing be say they might sound like say them be the same thing and we know say luck is needed but when you they talk about gambling one of the thing wey people go consider na say you need study the pattern of the candle stick for you to be able to trade so this kind thing now you go say na luck no na, because when you they trade you go need to do leveraging and also do settings like stop lose and take profit, and gambling no get all this things so the only thing wey i go talk be say in term of perception similarity they but they no be the same thing, and if they say make i choose i go choose trading over gambling because trading you fit control the risk but gambling nothing you fit do for there except you go reduce money wey you wan use.

[Mayor of ogba]

1. RISK:   the biggest thing wey separate gambling and trading na risk, for the two risk dey sha but with trading you fit control your risk, too many parameters and avenue dey to control your risk, for gambling the chances to control risk dey very slim.

It seems you prefer trading to gambling. That's why you believe trading has a high chance of controlling risk, while gambling has a low chance of controlling risk. Trading and gambling are similar, so I believe both have the same chances of controlling risk because if you lose a trade with a big amount of money, you will be tempted to chase your losses so that you can recover your loss, and if you can't control yourself, you will chase your losses and lose more mone. The same thing is applicable to gambling. You can only control your risk in trading and gambling respectively, when you use the money you can afford to lose to trade or gamble.

[Somto9Light]

It seems you prefer trading to gambling. That's why you believe trading has a high chance of controlling risk, while gambling has a low chance of controlling risk. Trading and gambling are similar, so I believe both have the same chances of controlling risk because if you lose a trade with a big amount of money, you will be tempted to chase your losses so that you can recover your loss, and if you can't control yourself, you will chase your losses and lose more mone. The same thing is applicable to gambling. You can only control your risk in trading and gambling respectively, when you use the money you can afford to lose to trade or gamble.

You're right trading is just the same with gambling because traders also chase loss just as gamblers do, especially when you put the amount you know you can't afford so easily and it happens that the outcome didn't work as you planned. Definitely you will be tempted to try one more time to see if you can recover from your previous lost and if you're unlucky to win the second time you will still want to try the third time until you lose everything you have, and some people may not even see it as the end so therefore they will still want to borrow from Friends to continue, though I have never heard story about someone going for a loan just to trade. But I think I have heard several stories about someone who took a loan to gamble, but I'm sure that there are people out there who have done the same in trading.

[cxtreenal]

Even though trading and gambling resemble for face that resemblance no pass for face there, u go make very serious mistake to think say trading and gambling na the same thing, and if you enter trading with that gambling mindset wahala go dey. so weting be the difference between the two

 1. RISK:   the biggest thing wey separate gambling and trading na risk, for the two risk dey sha but with trading you fit control your risk, too many parameters and avenue dey to control your risk, for gambling the chances to control risk dey very slim.

 

The risk in trading and gambling is very serious if you cannot control it. The control depends on your execution, for example, the risk of losing money while gambling is almost 100% if your luck is not very good. But even though the risk in trading is high, the probability of losing the entire amount of the funds you buy is low. Maybe if the value of that currency decreases as a result of the purchase, the funds will remain in your portfolio in the form of currency for a few weeks or months. If the project is reliable, you can get high profits by turning it into a long-term investment from the trading stage.

So I do not want to compare trading with gambling so seriously. If the probability of profit is higher than losing your entire money, it will not be considered a risk for you if you have assets in the form of currency in your portfolio for a few months or years.

[icebar]

For those who have not gained enough experience, trading will seem like gambling. Therefore, to become proficient in trading, we need to have a lot of training and sufficient analytical skills. It is important to remember that nothing comes easy, and with a lot of perseverance and patience, any difficult obstacle can be overcome.

Well said. Trading isn't fully gamble but they still have somethings in common. And just like you have said, expert traders are always different from amateurs. Expert make much analysis and research for trade but most amateur place trade without much analysis making the whole process to be fully similar to gambling.

In trading, results usually come through skill, knowledge and experience, but in the case of gambling, it can be said that it is based on luck. That is why I cannot compare trading with gambling. Although from some perspectives, gambling and trading seem to be the same, in reality they are not the same. To start trading, you must learn. If someone blindly trades without acquiring any skills, then his trading activity will be like gambling.

[I_Anime]

For those who have not gained enough experience, trading will seem like gambling. Therefore, to become proficient in trading, we need to have a lot of training and sufficient analytical skills. It is important to remember that nothing comes easy, and with a lot of perseverance and patience, any difficult obstacle can be overcome.

Well said. Trading isn't fully gamble but they still have somethings in common. And just like you have said, expert traders are always different from amateurs. Expert make much analysis and research for trade but most amateur place trade without much analysis making the whole process to be fully similar to gambling.

In trading, results usually come through skill, knowledge and experience, but in the case of gambling, it can be said that it is based on luck. That is why I cannot compare trading with gambling. Although from some perspectives, gambling and trading seem to be the same, in reality they are not the same. To start trading, you must learn. If someone blindly trades without acquiring any skills, then his trading activity will be like gambling.

That is true both are totally different, they may be similar when comes to risk because trading without knowledge is like gambling because you are not making use of any technical skill to determine the market you are just jumping when ever you see dip in the market and sell when price increases you are just going to keep losing the you eventually blow your account, just like you said is all about skill and having the right knowledge. And right mindset

[AGogi2003]

Trading is not specifically gambling per say but in other words it is. Both trading and gambling is a luck. Anything risk is attached is gambling. Trading is a long Time investment while gambling is something you something you want the result sharp sharp. Another thing about gambling is that gambling is addictive while trading is not. So we can say that trading is not gambling.

The thing be say they might sound like say them be the same thing and we know say luck is needed but when you they talk about gambling one of the thing wey people go consider na say you need study the pattern of the candle stick for you to be able to trade so this kind thing now you go say na luck no na, because when you they trade you go need to do leveraging and also do settings like stop lose and take profit, and gambling no get all this things so the only thing wey i go talk be say in term of perception similarity they but they no be the same thing, and if they say make i choose i go choose trading over gambling because trading you fit control the risk but gambling nothing you fit do for there except you go reduce money wey you wan use.

You need to get trading knowledge first before you can be the lucky one because without the experience and knowledge you will always lose in trading. Gambling and trading are probably similar because both are risk and you can lose all your funds immediately when you Analysis go wrong. You can be a lucky person in Gambling even you don't have knowledge about it and you can still get profit but trading you can't get lucky if you don't make research and study about it. If you said trading is not a lucky anyone that have the opportunity to achieve the knowledge will always be profitable in trading everytime they trade but even the professional lose in it since is always unpredictable but knowledge can minimise your risk and do what will favour you better.

[Curious T]

What you said is true, and I agree, but it depends on what you're trading on. If you dey trade memecoins, my bro, na gamble you dey do. Na just different form of gambling. Nothing to tell if a token will be good in future. You just buy and hope it grows.
The same with that binary option trading wey people dey do. Na just different form of gambling be that.

[DYOR+BTC]

Trading and gambling are two different children from the same mother but different father when it comes to there characterized features in capital generation, fund management and risk assessment, there are no much difference between them because of its risk of losing assets if mismanaged. Gambling involves  investing in activities without full knowledge of its possible out comes but identified based on odd difference while trading also involves investing capital in an asset with hope of its possible increase in price without full knowledge of the increase at a particular time.

So comparing both now you will see they have few characteristics in common which are: investment with hope of possible outcome but without full confidence of such occurrence at a particular time, losing capital if the outcome goes contrary to your prediction and know accurate prediction of outcome. Which indirectly signify both as one when it comes to possibility of occurrence according to predicted outcome. So writing off trading as a gambling activity is totally wrong because both are characterized by risk taking for uncertain possible outcome at a particular point in time.

[Byebyebtc]

Yes gambling and trading have somethings in common like risk and wins, but their differences are clear, but some people no go still gree
First of all trading is a business, and this business is based on skill, knowledge, strategy and opportunities, the forex market gives participants opportunities to buy or sell, And dependant on their market strategy will have them make the decision wether to buy or sale. But gambling does not a strategy to give you decisions. Forex has just 2 options you either buy or sale just like every other business, But in gambling you have several decisions to take.
We should not also forget that gambling is based on luck, but trading is based on skill and knowledge, And there is a big difference between skill and luck. Gambling is generally by chance but trading is on skill and strategy development and perfection.

[ASloveapg]

For those who have not gained enough experience, trading will seem like gambling. Therefore, to become proficient in trading, we need to have a lot of training and sufficient analytical skills. It is important to remember that nothing comes easy, and with a lot of perseverance and patience, any difficult obstacle can be overcome.

Well said. Trading isn't fully gamble but they still have somethings in common. And just like you have said, expert traders are always different from amateurs. Expert make much analysis and research for trade but most amateur place trade without much analysis making the whole process to be fully similar to gambling.

In trading, results usually come through skill, knowledge and experience, but in the case of gambling, it can be said that it is based on luck. That is why I cannot compare trading with gambling. Although from some perspectives, gambling and trading seem to be the same, in reality they are not the same. To start trading, you must learn. If someone blindly trades without acquiring any skills, then his trading activity will be like gambling.

Those who have this kind of mentality, that is, those who think of trading as gambling, will definitely face big disasters here. Trading depends only on skill, experience and market analysis ability, but those who are influenced by emotions here will never get benefits but will only move towards more negative situations, because they only lose more here. Nothing in trading depends on luck, guesswork, emotions, here you have to find success only through skill, so instead of being emotional here, keep doing good work to increase your skill, keep learning trading with patience, learn more deeply from every loss, then at some stage it is definitely possible to gain skill here, and only then will you achieve real success.

[Mr_Brilliant$]

Yes gambling and trading have somethings in common like risk and wins, but their differences are clear, but some people no go still gree
First of all trading is a business, and this business is based on skill, knowledge, strategy and opportunities, the forex market gives participants opportunities to buy or sell, And dependant on their market strategy will have them make the decision wether to buy or sale. But gambling does not a strategy to give you decisions. Forex has just 2 options you either buy or sale just like every other business, But in gambling you have several decisions to take.
We should not also forget that gambling is based on luck, but trading is based on skill and knowledge, And there is a big difference between skill and luck. Gambling is generally by chance but trading is on skill and strategy development and perfection.

It’s now a normal thing that people love to mix them up just because both involve risk, but the mindset behind them is totally different..  With what I have heard trading is more like running a business, you need a plan, discipline, and strategy to stay consistent.. 
While Gambling on the other hand is just luck, you either win or lose without control over the outcome.. I heard in trading, even when you lose, you learn something that improves your skill over time..  But in gambling, there’s really nothing to learn, it’s just chance…

[Barikui1]

Trading is synonymous to gambling because both leaves it victims with the same effect and feelings of waywardness and hopelessness and victims of both trading and gambling always have the same motive to make quick profit. So trading and gambling resemble in so many ways so if someone say trading is gambling de person no dey wrong at all because it all depends on the aspect wey de person dey take dey see am

My brother I understand your point well and wetin you dy try to talk, but I want to make am clear to you say trading and gambling no be the same thing.
In gambling luck dy very important for you to get wetin you want, and a few analysis if na sport betting you dy do, but as for trading, knowledge or Sabi dy very important because luck no get any role to play in the market.
If you no know wetin you dy do, their is a higher chances of you losing brutally which might affect your mental health because the losses wey dy attached to trading dy always dy huge than gambling since it bruises your emotions in the process of you losing your trade, though e dy similar, but no he the same bro.