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Author Topic: Do you consider trading as gambling?  (Read 45348 times)
zerowing
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March 01, 2016, 03:33:54 AM
 #121

I think trading is a puzzles with numbers, math, patterns and sequences based on knowledge, trends and information.  Wink

Day trading is always very bad and it is almost equal to gambling. So don't look at number but look at the company past business performance and what are there future plans and company promoters past history to invest in company. It takes some time to grow our money in these kind of investments and results may not be instant. 

I do agree, thanks klf for sharing your wisdom and experience. Noted.

i've got a nickel shiny and new
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March 01, 2016, 06:07:07 AM
 #122

Since both of gambling & trading has a risk of loss, I can say there are same.
But they have different chance of loss.

By gambling depend on HE and your luck today. Some site can be manipulated the result so beware of it.
Meanwhile trading mostly depend on supply and demand on one community etc... so it's quite difficult for "dealer or owner" to cheated the result of trading
Gambling is the easiest way for users to spend their bitcoins and it doesn't even require any proof to withdraw your earnings unlike trading/exchange websites and that's the reason many prefer gambling sites. You can even hit jackpots if you're lucky but trading doesn't depend on any luck and you just need to be alert.
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March 01, 2016, 07:15:53 AM
 #123

of course it is gambling, you're not sure if you will win or you won't, so i think it counts as gambling,  it's risky too like i said, but a lot of people thinks about it as job, but it's gambling
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March 01, 2016, 07:35:50 AM
 #124

Hey people,

I've always been a huge gambler. I like creating useless schemes (as we all know bank always win ^^) and betting whole nights long in order to find THE right way of betting.
But I need change, I can't bet over and over on the same game cause after I see that nothing can be done to change the odds, I'm bored.

So I thought a bit about trading and I started not so long ago. and it feels a bit like a betting game without knowing the odds and with an infinity of parameters!

Does anyone else takes trading as a gambling game? Smiley

i personaly don't consider trding like gambling just because in gambling you need more luck than skills, when you're trading, if you're skilled you have an advantage
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March 01, 2016, 07:40:30 AM
 #125

Well it's not the same. Yes maybe they have many similar things between but trading can be manipulated (like house manipulate dices) but for people who are into it they can recognize and earn on that. If u think that watching news and reading, reading, predicting is not boring then try it :-)

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March 01, 2016, 07:42:12 AM
 #126

IMO, yes, when something which you can’t control and include profit and loss (in money), I will count is as gamble…
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March 01, 2016, 08:41:20 AM
 #127

IMO, yes, when something which you can’t control and include profit and loss (in money), I will count is as gamble…

if in that way then what business you are doing that is also gambling , because most of the products are in commodity so their is always full fluctuations in your business products but that dont mean that you are doing gambling,

Gambling means expecting high like jackpot to become millionaire in a day

Trading means doing profit slowly and steadily which gives you constant profit but small.
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March 01, 2016, 08:44:26 AM
 #128

yes, trading is a gambling activity too since trading involved predictions for the next outcome. But trading is accepting in some countries while they arent allowed gambling activities. So, most countries considered trading isnt gambling and in my opinion trading is gambling.

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March 01, 2016, 08:45:08 AM
 #129

IMO, yes, when something which you can’t control and include profit and loss (in money), I will count is as gamble…

if in that way then what business you are doing that is also gambling , because most of the products are in commodity so their is always full fluctuations in your business products but that dont mean that you are doing gambling,

Gambling means expecting high like jackpot to become millionaire in a day

Trading means doing profit slowly and steadily which gives you constant profit but small.

actually what I think is ''life is a gamble'' too,
no one can tell what will happened after your study,
no one can 100% sure to tell you will have a good job after you finished your Uni...

and no one can tell can you still open your eyes after you go to bed tonite
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March 01, 2016, 09:10:54 AM
 #130

I think for binary trading I assume it was a gamble. You do not need a lot of skill to play in binary

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March 01, 2016, 09:15:18 AM
 #131

I guess not, trading can be done by putting up prices and guess the price, but it depends on you alone, because you're the one who put up the price and they will buy it with their own volition without being forced, in contrast to gamble risking anything and if you lose, you can not take your money back

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March 01, 2016, 09:28:38 AM
 #132

I think for binary trading I assume it was a gamble. You do not need a lot of skill to play in binary

yeah, i think this is what secondtrade is offering as a gambling game if i am not mistaken. but i know there are games that you bet on the price of bitcoin and other things to see if it goes up or down and take the bet.

but those games should not be mistaken with trading bitcoin or trading altcoins.

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March 01, 2016, 09:54:29 AM
 #133

in trading there are chart and analysis, if gambling it is based on pure luck

so i dont think its the same
Do you think that market charts are actually always correct? Don't we had major crises, economic recessions, major flops of known companies in the past?
And we had really unknown company from nowhere rise to power in short time. Some things cannot be predicted by reason.
Unknown companies can lose in the long run but big companies always earn more profit and are stable. Trading in stock market is much better than gambling IMO.

There is probably much more money to be made in stocks if you can take on the big boys sure but sports bettings and poker will contain much weak money.  Very dumb people dont usually trade stocks but they do gamble.
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March 01, 2016, 10:27:52 AM
 #134

I think for binary trading I assume it was a gamble. You do not need a lot of skill to play in binary

yeah, i think this is what secondtrade is offering as a gambling game if i am not mistaken. but i know there are games that you bet on the price of bitcoin and other things to see if it goes up or down and take the bet.

but those games should not be mistaken with trading bitcoin or trading altcoins.
yeah thats why thread of secondstrade binary in gambling section. not in service Cheesy
if the predictions made for a short time. such as 1 or 2 minutes is tantamount to gambling

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March 01, 2016, 10:42:23 AM
 #135


 
yes i  consider trading as gambling,but not all types of trading are same as gambling.


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March 01, 2016, 10:48:20 AM
 #136

Yes I do its a risky and you need luck to gain profit at trading so think its the same as gambling, its not the same category but its almost the same yes.
It also depends on how you trade because you can also trade very safe so I do not consider that as gambling.
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March 01, 2016, 11:16:11 AM
 #137

If you don't have proofs/evidence for your trading choices and only doing it almost randomly then it's just gambling, if you are doing it according to decent analysis then I think it's someway in between gambling and real trading.
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March 01, 2016, 11:27:26 AM
 #138

Trading is not gambling, but there is a style of lots people  do trade like gamble.
Take position randomly only hopes the price going up and get profit = gamble trade style.
But usually "real" trading required an analysis skills, experience etc to make profit regularly. Not random.

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March 01, 2016, 11:45:14 AM
 #139

In all points of view, trading is gambling. Both has risk and you can gained and loss money at the same time.

The only difference by doing trading and the usual types of gambling here in gambling section is, trading is worth to try with risk compare to by playing the usual gambling type.

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March 01, 2016, 12:40:58 PM
 #140

Trading is quite similar to gambling but in that sense every business has a risk factor which makes it gambling itself. Whether you gamble by playing games or invest in a new business, you are risking your money which may lead to a loss but gambling is always looked down upon and not a business as you are using your skill and knowledge while investing in a business. Gambling is just a prediction/luck based game.

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