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Author Topic: Do you consider trading as gambling?  (Read 45048 times)
aranachristianjay
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October 29, 2016, 11:48:11 AM
 #1421

Yes of course I do consider trading as gambling. You have the same risk to lose all of your money with trading so it's a similar thing.
Logically is not.If it is,then share market,gold investment,real estate investment or any other form of investment supporting demand/supply paradigm should be considered as gambling.Makes sense ?

Gambling is directly proportional to luck,no one controls your luck (not provable fairness actually controls).On the other hand,trading is totally dependent on the market prices .You cannot create a scarcity in the market unless you're President of America.I don't think trading projects any form of gambling.It has been carried out since day 1 of the globalization and always will.Little do you know that bitcoin contributes to only a small part of it.

Yes gambling is purely based on luck and no one predict this when we get luck. Some times we plan to stop betting because of continuous loss but in that time our luck will work and we start to win our betting. So in both trading and gambling we need luck and both are same. Both have same risk.

Not all gambling games are based on luck, some of it are also a skill based like card games on an online casinos out there, take into account the card game poker, wherein you need a good thinking to win the game, and a small part of that game is only affected by the luck that you just had said.

Luck based games are the ones like the dice game, roulette, or slots, wherein you don't have a control of the result even for a small part of the game.
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October 29, 2016, 12:10:32 PM
 #1422

Yes of course I do consider trading as gambling. You have the same risk to lose all of your money with trading so it's a similar thing.
Logically is not.If it is,then share market,gold investment,real estate investment or any other form of investment supporting demand/supply paradigm should be considered as gambling.Makes sense ?

Gambling is directly proportional to luck,no one controls your luck (not provable fairness actually controls).On the other hand,trading is totally dependent on the market prices .You cannot create a scarcity in the market unless you're President of America.I don't think trading projects any form of gambling.It has been carried out since day 1 of the globalization and always will.Little do you know that bitcoin contributes to only a small part of it.

Yes gambling is purely based on luck and no one predict this when we get luck. Some times we plan to stop betting because of continuous loss but in that time our luck will work and we start to win our betting. So in both trading and gambling we need luck and both are same. Both have same risk.

Not all gambling games are based on luck, some of it are also a skill based like card games on an online casinos out there, take into account the card game poker, wherein you need a good thinking to win the game, and a small part of that game is only affected by the luck that you just had said.

Luck based games are the ones like the dice game, roulette, or slots, wherein you don't have a control of the result even for a small part of the game.

That's true, there are games also that is based on skills and we have a good chance to win in the long run if we have the skills and it would be easy for us to consider gambling as a way to earn a living. It we are good, it can be similar to trading as well, so we need to work to be successful.

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October 29, 2016, 02:07:37 PM
 #1423

They have   simmilarities  though   and thats the risk   of  lossing   money. They  have  the same risk  regarding on this matter but  trading is far away better than gambling  because on trading  you would actually learn it  to  lessen the said  risk and  would  be  also a good  activity  to make profits for  long term.

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October 29, 2016, 02:24:07 PM
 #1424

They have   simmilarities  though   and thats the risk   of  lossing   money. They  have  the same risk  regarding on this matter but  trading is far away better than gambling  because on trading  you would actually learn it  to  lessen the said  risk and  would  be  also a good  activity  to make profits for  long term.
The risk is lesser and we have more chances to make money in trading than in gambling, although sometimes gambling could be a good way to make easy money but that is only under the condition if we are lucky and since we are not in control of our own luck, we should choose something that our skills will be use and that is trading.



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October 29, 2016, 04:48:54 PM
 #1425

I think there is a lot of gray area when defining gambling. Some games are purely chance and others have some skill involved. I don't think of trading as gambling, but I can see that there is some unknown as to what the outcome will be so it could be in that gray area.
In general you cannot consider trading as gambling as there are even course offered when you can study trading online and even in physical school. But gambling there's not such thing like that, gamblers can become professional but that's what only base on how we look ourselves since there's not proper way to determine on how to become professional.

From what I know, gambling is for fun and trading is a serious business by investing in yourself hoping you skills and knowledge will give you money.
In fact the definition of professional is very simple, someone that earns money from an activity, in order to be a professional gambler you need to be a profitable gambler so it does not matter how many books you read if you are not generating profits you are not a professional.

You will not directly become a professional, as even in real life we have to study first before we become professional and the same concept goes with gambling, you need to experience gambling and by learning from your experience that would make you a professional gambler until such time your weaknesses will turn to be your strength.
well its depend on what particular game mate because if we are talking about dice and slots its a game of luck that we can never control even we deal for it for a long time, but if we are talking about sports bet or poker yes you can say experience will help us mastering the concept of the game and losing will build more plan strategy in the next game.
Correct in a game of chance it does not matter anything you do since you need to rely in your luck in order to win but in a game of skill you can use your knowledge and experience in order to bring profits.



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October 29, 2016, 05:32:22 PM
 #1426

They have   simmilarities  though   and thats the risk   of  lossing   money. They  have  the same risk  regarding on this matter but  trading is far away better than gambling  because on trading  you would actually learn it  to  lessen the said  risk and  would  be  also a good  activity  to make profits for  long term.
yes that is a fact that both have the only similarity that you can you lose in both trading and gambling, as both are risky, but in trading you have always a chance to recover your lost, but in gambling once you lost money then there is no chance for recovering your money.
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October 29, 2016, 09:35:01 PM
 #1427

They have   simmilarities  though   and thats the risk   of  lossing   money. They  have  the same risk  regarding on this matter but  trading is far away better than gambling  because on trading  you would actually learn it  to  lessen the said  risk and  would  be  also a good  activity  to make profits for  long term.

All things have similarities especially the things that requires fund or money.  That is the risk of losing money,  But I strongly disagree that they have the same risk (if you are talking about the level of risk here) because Gambling that relies solely to luck and chance have a higher level of risk than trading which can be affected by skills and research knowledge to lessen the level of risk and even give you an earning during the trade.


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October 30, 2016, 04:33:11 AM
 #1428

They have   simmilarities  though   and thats the risk   of  lossing   money. They  have  the same risk  regarding on this matter but  trading is far away better than gambling  because on trading  you would actually learn it  to  lessen the said  risk and  would  be  also a good  activity  to make profits for  long term.

All things have similarities especially the things that requires fund or money.  That is the risk of losing money,  But I strongly disagree that they have the same risk (if you are talking about the level of risk here) because Gambling that relies solely to luck and chance have a higher level of risk than trading which can be affected by skills and research knowledge to lessen the level of risk and even give you an earning during the trade.



Well trading is more like that of poker when you have to compare it to gambling. If you have experience and skill, although there maybe times when you would still lose, you'd have somewhat of control over your losses though preparation and research.

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October 30, 2016, 04:37:26 AM
 #1429

They have   simmilarities  though   and thats the risk   of  lossing   money. They  have  the same risk  regarding on this matter but  trading is far away better than gambling  because on trading  you would actually learn it  to  lessen the said  risk and  would  be  also a good  activity  to make profits for  long term.
yes that is a fact that both have the only similarity that you can you lose in both trading and gambling, as both are risky, but in trading you have always a chance to recover your lost, but in gambling once you lost money then there is no chance for recovering your money.

I agree, you will just lose more if you don't know how to control yourself from gambling. You will try to recover your loss from gambling but instead you'll just lose more. In trading, a loss is a lesson where you don't have to do again but in gambling a loss means betting more to recover your loss.

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October 30, 2016, 04:45:26 AM
 #1430

No, i do not. Trading is never the same as gambling although many people have said that it is. Trading requires a lot of experience and skill which can help you to earn the profit. And you also need a tutor to guide you, help you and explain how trading work.

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October 30, 2016, 05:48:35 AM
 #1431

They have   simmilarities  though   and thats the risk   of  lossing   money. They  have  the same risk  regarding on this matter but  trading is far away better than gambling  because on trading  you would actually learn it  to  lessen the said  risk and  would  be  also a good  activity  to make profits for  long term.
Trading is all about experience and understanding what the company you are trying to invest is all about and their business plan and how the future is holding for them and if you are trading without spending some time learning then it is gambling.
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October 30, 2016, 06:02:50 AM
 #1432

They have   simmilarities  though   and thats the risk   of  lossing   money. They  have  the same risk  regarding on this matter but  trading is far away better than gambling  because on trading  you would actually learn it  to  lessen the said  risk and  would  be  also a good  activity  to make profits for  long term.
Trading is all about experience and understanding what the company you are trying to invest is all about and their business plan and how the future is holding for them and if you are trading without spending some time learning then it is gambling.


Yah,trading depends on your skills, market knowledge but gambling depends just on luck.Though trading needs a bit of luck but skill and experience is more important here.Gambling is not a experience based game rather it just a game to judge our luck.
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October 30, 2016, 06:21:08 AM
 #1433

They have   simmilarities  though   and thats the risk   of  lossing   money. They  have  the same risk  regarding on this matter but  trading is far away better than gambling  because on trading  you would actually learn it  to  lessen the said  risk and  would  be  also a good  activity  to make profits for  long term.
Trading is all about experience and understanding what the company you are trying to invest is all about and their business plan and how the future is holding for them and if you are trading without spending some time learning then it is gambling.


Yah,trading depends on your skills, market knowledge but gambling depends just on luck.Though trading needs a bit of luck but skill and experience is more important here.Gambling is not a experience based game rather it just a game to judge our luck.
But in the experience, you can predict some outcome of gambling based on what strategy you are applying, this will not be 100% accurate but it may help you to prevent losses. Unfortunately, there are a lot of similarities between gambling and trading, that is the reason many traders are doing their trades in gambling way.

But we never encourage any newcomers to trade in gambling way because that will minimise all the possibilities of making profits at least with trading.
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October 30, 2016, 06:31:09 AM
 #1434

They have   simmilarities  though   and thats the risk   of  lossing   money. They  have  the same risk  regarding on this matter but  trading is far away better than gambling  because on trading  you would actually learn it  to  lessen the said  risk and  would  be  also a good  activity  to make profits for  long term.
Trading is all about experience and understanding what the company you are trying to invest is all about and their business plan and how the future is holding for them and if you are trading without spending some time learning then it is gambling.


Yah,trading depends on your skills, market knowledge but gambling depends just on luck.Though trading needs a bit of luck but skill and experience is more important here.Gambling is not a experience based game rather it just a game to judge our luck.
But in the experience, you can predict some outcome of gambling based on what strategy you are applying, this will not be 100% accurate but it may help you to prevent losses. Unfortunately, there are a lot of similarities between gambling and trading, that is the reason many traders are doing their trades in gambling way.

But we never encourage any newcomers to trade in gambling way because that will minimise all the possibilities of making profits at least with trading.

In doing trading  you actually do  gambling  your money  with it  in able to  gain  money too. Therefore  even though  its  like gambling  but  there are lots of things would   really help you  out  to lessen the  risk on a certain trade or means  that  making   the chances  higher  or getting  a succesful trade. It  may have the same risk  but still its much better than   gambling   blindly itself.

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October 30, 2016, 06:35:57 AM
 #1435

They have   simmilarities  though   and thats the risk   of  lossing   money. They  have  the same risk  regarding on this matter but  trading is far away better than gambling  because on trading  you would actually learn it  to  lessen the said  risk and  would  be  also a good  activity  to make profits for  long term.
Trading is all about experience and understanding what the company you are trying to invest is all about and their business plan and how the future is holding for them and if you are trading without spending some time learning then it is gambling.


Yah,trading depends on your skills, market knowledge but gambling depends just on luck.Though trading needs a bit of luck but skill and experience is more important here.Gambling is not a experience based game rather it just a game to judge our luck.
But in the experience, you can predict some outcome of gambling based on what strategy you are applying, this will not be 100% accurate but it may help you to prevent losses. Unfortunately, there are a lot of similarities between gambling and trading, that is the reason many traders are doing their trades in gambling way.

But we never encourage any newcomers to trade in gambling way because that will minimise all the possibilities of making profits at least with trading.

In doing trading  you actually do  gambling  your money  with it  in able to  gain  money too. Therefore  even though  its  like gambling  but  there are lots of things would   really help you  out  to lessen the  risk on a certain trade or means  that  making   the chances  higher  or getting  a succesful trade. It  may have the same risk  but still its much better than   gambling   blindly itself.

That is the reason behind just doing trading instead of gambling. "to lessen the risk" just like what you said. We know gambling, it is either lose or win. Here in trading there is this save your money before losing. Get the money when you won already. There is like a saving method.

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November 02, 2016, 12:17:58 AM
 #1436

No, i do not. Trading is never the same as gambling although many people have said that it is. Trading requires a lot of experience and skill which can help you to earn the profit. And you also need a tutor to guide you, help you and explain how trading work.
Having a tutor is great but most people are not going to be able to find one, what are they supposed to do? Give up trading? No they will have to learn on their own that is a lot more difficult but it is possible to do it.



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November 02, 2016, 02:05:26 AM
 #1437

No, i do not. Trading is never the same as gambling although many people have said that it is. Trading requires a lot of experience and skill which can help you to earn the profit. And you also need a tutor to guide you, help you and explain how trading work.
Having a tutor is great but most people are not going to be able to find one, what are they supposed to do? Give up trading? No they will have to learn on their own that is a lot more difficult but it is possible to do it.

I can consider that trading is also gambling in the way that you are taking a risk and every type of investments are just like gambling and you must be able to accept that fact that you need to take it.

 And if you don't want to take a risk in trading then you must stop gambling too, because if you are going to keep on gambling, you can just trade easily.

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November 02, 2016, 04:46:39 AM
 #1438

No, i do not. Trading is never the same as gambling although many people have said that it is. Trading requires a lot of experience and skill which can help you to earn the profit. And you also need a tutor to guide you, help you and explain how trading work.
Having a tutor is great but most people are not going to be able to find one, what are they supposed to do? Give up trading? No they will have to learn on their own that is a lot more difficult but it is possible to do it.

I can consider that trading is also gambling in the way that you are taking a risk and every type of investments are just like gambling and you must be able to accept that fact that you need to take it.

 And if you don't want to take a risk in trading then you must stop gambling too, because if you are going to keep on gambling, you can just trade easily.
They have some similarity in the sense that you need to spend money to make money, the difference is that trading is something you can study and you can improve your skills in the long run, however in gambling it is all about guessing the right outcome all the time to be profitable. Just learn the difference and know your skills for you to know what to focus when you want to make money.

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November 02, 2016, 05:12:38 AM
 #1439

No, i do not. Trading is never the same as gambling although many people have said that it is. Trading requires a lot of experience and skill which can help you to earn the profit. And you also need a tutor to guide you, help you and explain how trading work.
Having a tutor is great but most people are not going to be able to find one, what are they supposed to do? Give up trading? No they will have to learn on their own that is a lot more difficult but it is possible to do it.

I can consider that trading is also gambling in the way that you are taking a risk and every type of investments are just like gambling and you must be able to accept that fact that you need to take it.

 And if you don't want to take a risk in trading then you must stop gambling too, because if you are going to keep on gambling, you can just trade easily.

This is wrong perspektif. trading can be a gambling if you do it without any plan or analysist, just random buy/sell. but otherwise, it's a dignified profession.

if you think trading as gambling why people on wall streets risking their life with gamble.
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November 02, 2016, 06:53:11 AM
 #1440

No, i do not. Trading is never the same as gambling although many people have said that it is. Trading requires a lot of experience and skill which can help you to earn the profit. And you also need a tutor to guide you, help you and explain how trading work.
Having a tutor is great but most people are not going to be able to find one, what are they supposed to do? Give up trading? No they will have to learn on their own that is a lot more difficult but it is possible to do it.

I can consider that trading is also gambling in the way that you are taking a risk and every type of investments are just like gambling and you must be able to accept that fact that you need to take it.

 And if you don't want to take a risk in trading then you must stop gambling too, because if you are going to keep on gambling, you can just trade easily.

This is wrong perspektif. trading can be a gambling if you do it without any plan or analysist, just random buy/sell. but otherwise, it's a dignified profession.

if you think trading as gambling why people on wall streets risking their life with gamble.
If you will also take into consideration that there are two kinds of gamblers. There are gambler that uses his skills and the other one relies on his luck so basically we can say that if you are gambling you are just randomly picking your bets as that belongs to a gambler who relies on his luck.

A skilled and experience gambler has a chance to be successful because he studies gambling and improve his method although it's hard to win.

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