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Author Topic: Do you consider trading as gambling?  (Read 45261 times)
novemberwoah
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November 28, 2016, 06:16:13 AM
 #1581

I do not consider same because their different ways of losing in the sense that in gambling the chances of me losing is higher which could also be unfair, even after the "provably fair" slogan and I could not verify or I'm not even sure of that unlike trading when I lose, then I know I'm not the only in the box and I can even win back my losses overnight unlike gambling...
Yes the possibility of gaining back loses is much clearer rather than gambling that will only allow you to keep losing more and more while you are very eager to bounce back unlike trading after sudden loss opportunity to hold or opportunity regain the price always higher if you supported known project.

that's right. i think the only similarity between gambling and trading is the risk you put in the onset. but if you analyze it, it's normal to lose when trading but you are,in a way, aware of how to get back those losses since trading requires study of movements of coins. wherein gambling, you have to still hope that you'd be lucky enough to regain your losses if you lose and the chances of that happening if pretty slim compared to when you do trading
They are really the same in terms of risk of lossing money but they differ on how you gonna lessen the risk involving it. As you mentioned on trading we could definitely minimize it by having more knowledge on trading and some skills needed unlike on gambling which you really purely rely on luck in able to win but there are games that still need skills and experience like sports bet but they are just the same though.

risk is resent all day if we look in that direction
every actions and every step have some risk or consequences
will this be trading or gambling that is not the point
gambling is win - lose all the way trading is different from all perspectives
Well, it's really different as in trading a lot of people succeed while in gambling a lot of people loses. It's easy to understand the difference as I see gambling as an entertainment while trading as a job.
Yes very true, many people already profit from trade (especially forex). While in gambling many people lose and do not profit because gambling is a game and requires luck. Except for binary trading, I think it's just like gambling because the system is the same as gambling. For other trading is very different from gambling.
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November 28, 2016, 06:25:39 AM
 #1582

I do not consider same because their different ways of losing in the sense that in gambling the chances of me losing is higher which could also be unfair, even after the "provably fair" slogan and I could not verify or I'm not even sure of that unlike trading when I lose, then I know I'm not the only in the box and I can even win back my losses overnight unlike gambling...

If you turn your thinking way, than you clearly see both, gambling and trading have many similarity. Actually, i see them in a business wise, trading is risky and many time we loss our amount, even we don't know that what is the next moment happen, if we get profit or lose. And same thing is happened in gambling, in the end of the game, we don't know we win it or not, also our all money on a risky. So we can consider that both are same.
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November 28, 2016, 04:55:35 PM
 #1583

I do not consider same because their different ways of losing in the sense that in gambling the chances of me losing is higher which could also be unfair, even after the "provably fair" slogan and I could not verify or I'm not even sure of that unlike trading when I lose, then I know I'm not the only in the box and I can even win back my losses overnight unlike gambling...

If you turn your thinking way, than you clearly see both, gambling and trading have many similarity. Actually, i see them in a business wise, trading is risky and many time we loss our amount, even we don't know that what is the next moment happen, if we get profit or lose. And same thing is happened in gambling, in the end of the game, we don't know we win it or not, also our all money on a risky. So we can consider that both are same.

The risk wise both are same, But in trading at least we can expect some profit, in the end, That too if we do trade with the right person, if we make trade with the wrong person then it's our fault. In gambling, it's not like that there is no expectation we have to accept what result we get at the end of the game it may be profit or loss 50 -50 chance.
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November 28, 2016, 05:15:53 PM
 #1584

I do not consider same because their different ways of losing in the sense that in gambling the chances of me losing is higher which could also be unfair, even after the "provably fair" slogan and I could not verify or I'm not even sure of that unlike trading when I lose, then I know I'm not the only in the box and I can even win back my losses overnight unlike gambling...

If you turn your thinking way, than you clearly see both, gambling and trading have many similarity. Actually, i see them in a business wise, trading is risky and many time we loss our amount, even we don't know that what is the next moment happen, if we get profit or lose. And same thing is happened in gambling, in the end of the game, we don't know we win it or not, also our all money on a risky. So we can consider that both are same.
You're right gambling and tradinh are both similar loosing money is just an example for this both and rsiky we lose in trading we lose in gambling sometimes we get profit in both this is why we considered trading as a gambling

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November 28, 2016, 05:19:16 PM
 #1585

I do not consider same because their different ways of losing in the sense that in gambling the chances of me losing is higher which could also be unfair, even after the "provably fair" slogan and I could not verify or I'm not even sure of that unlike trading when I lose, then I know I'm not the only in the box and I can even win back my losses overnight unlike gambling...

If you turn your thinking way, than you clearly see both, gambling and trading have many similarity. Actually, i see them in a business wise, trading is risky and many time we loss our amount, even we don't know that what is the next moment happen, if we get profit or lose. And same thing is happened in gambling, in the end of the game, we don't know we win it or not, also our all money on a risky. So we can consider that both are same.
You're right gambling and tradinh are both similar loosing money is just an example for this both and rsiky we lose in trading we lose in gambling sometimes we get profit in both this is why we considered trading as a gambling
Trading is like gambling though because of the risk involve of lossing it. We cannot really avoid to lose up on trading even how professional or experienced we are because we cant predict anytime the price movement but the difference of trading into gambling on some points on which you could able to trade smartly which really lessens the risk of lossing up too much money unlike on playing gambling which somehow rely on luck always.



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December 18, 2016, 11:05:19 PM
 #1586

Gambling and trading is not the same in trading you'll just need learning and patient to make profit if you'll not study first before entering trading you will end up loosing not like gambling its all about luck ,
yes, knowledge is very important when trading and you also need patience, because if you don't have patience I think you can also lose a lot of money in trading. And in gambling you can also lose money if you are out of control in betting.   Sad
I think they are very different things. Some people argue that both things have risks, but that applies to almost everything in life, and that does not mean that everything is gambling. I think that in gambling the individual depends a lot on luck, while in trading this is not the variable that has the most weight in the gains. Instead, knowledge and strategy are the keys to it.

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December 18, 2016, 11:56:03 PM
 #1587

Gambling and trading is not the same in trading you'll just need learning and patient to make profit if you'll not study first before entering trading you will end up loosing not like gambling its all about luck ,
yes, knowledge is very important when trading and you also need patience, because if you don't have patience I think you can also lose a lot of money in trading. And in gambling you can also lose money if you are out of control in betting.   Sad
I think they are very different things. Some people argue that both things have risks, but that applies to almost everything in life, and that does not mean that everything is gambling. I think that in gambling the individual depends a lot on luck, while in trading this is not the variable that has the most weight in the gains. Instead, knowledge and strategy are the keys to it.
Yes, both have a risk, but to compare gambling, the investing on gambling site is a bit better. The gambling also need knowledge and luck to make a profit, same in investing also we need more skills and luck to get profit. In both conditions, we need enough capital to make money. So according to me, both are same. But the method of earning money is different that's it.
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December 19, 2016, 05:17:51 AM
 #1588

Gambling and trading is not the same in trading you'll just need learning and patient to make profit if you'll not study first before entering trading you will end up loosing not like gambling its all about luck ,
yes, knowledge is very important when trading and you also need patience, because if you don't have patience I think you can also lose a lot of money in trading. And in gambling you can also lose money if you are out of control in betting.   Sad
I think they are very different things. Some people argue that both things have risks, but that applies to almost everything in life, and that does not mean that everything is gambling. I think that in gambling the individual depends a lot on luck, while in trading this is not the variable that has the most weight in the gains. Instead, knowledge and strategy are the keys to it.
Yes, both have a risk, but to compare gambling, the investing on gambling site is a bit better. The gambling also need knowledge and luck to make a profit, same in investing also we need more skills and luck to get profit. In both conditions, we need enough capital to make money. So according to me, both are same. But the method of earning money is different that's it.
You can only tell it's the same if it has the same outcome regardless of your method, investing in gambling sites falls under the definition of investing but gambling to win falls to gambling, with the chances compared of course investing has bigger chances as we are making techniques that can be applicable and measurable to have our goal but in gambling it's a big guessing game.

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December 19, 2016, 06:11:19 AM
 #1589

Gambling and trading is not the same in trading you'll just need learning and patient to make profit if you'll not study first before entering trading you will end up loosing not like gambling its all about luck ,
yes, knowledge is very important when trading and you also need patience, because if you don't have patience I think you can also lose a lot of money in trading. And in gambling you can also lose money if you are out of control in betting.   Sad
I think they are very different things. Some people argue that both things have risks, but that applies to almost everything in life, and that does not mean that everything is gambling. I think that in gambling the individual depends a lot on luck, while in trading this is not the variable that has the most weight in the gains. Instead, knowledge and strategy are the keys to it.
Yes, they are totally different from each other.  Both are risky but in different ways. Users need to have a lot of luck if they do want to earn money from gambling while trading does not require this factors. If you can comply some typical rule of trading, I can say that you will have the higher chance in obtaining profit from trading platform.  Assuming trading and gambling are the same is the big mistake

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December 19, 2016, 12:44:09 PM
 #1590

Gambling and trading is not the same in trading you'll just need learning and patient to make profit if you'll not study first before entering trading you will end up loosing not like gambling its all about luck ,
yes, knowledge is very important when trading and you also need patience, because if you don't have patience I think you can also lose a lot of money in trading. And in gambling you can also lose money if you are out of control in betting.   Sad
I think they are very different things. Some people argue that both things have risks, but that applies to almost everything in life, and that does not mean that everything is gambling. I think that in gambling the individual depends a lot on luck, while in trading this is not the variable that has the most weight in the gains. Instead, knowledge and strategy are the keys to it.
Yes, they are totally different from each other.  Both are risky but in different ways. Users need to have a lot of luck if they do want to earn money from gambling while trading does not require this factors. If you can comply some typical rule of trading, I can say that you will have the higher chance in obtaining profit from trading platform.  Assuming trading and gambling are the same is the big mistake

Of course, gambling and trading are two different things, but sometimes trade with some people can be called gambling ..Wink If you know what i mean.. Wink
Anyway both things connects risk, and because of that some people can make mistake and sometimes can call very risky trading as gambling - which really is not gambling! Main difference is that when we are lucky in gambling we say "I win", when we earn from trading we say "I earn".

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December 19, 2016, 01:17:49 PM
 #1591

Most traders don't think they are gambling but they are. It is just a different form of gambling, but you are doing something that is requiring a lot of luck to be on your side in order to benefit from all those swings, specially as a day trader.

Long term trading is better, you can predict what will happen, not when.

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December 19, 2016, 01:29:38 PM
 #1592

Most traders don't think they are gambling but they are. It is just a different form of gambling, but you are doing something that is requiring a lot of luck to be on your side in order to benefit from all those swings, specially as a day trader.

Long term trading is better, you can predict what will happen, not when.

What you write, describes someone who has no idea about trading, and its decisions are taken blindly - and it has nothing to do with trade. (it is lottery)
Experienced traders know very well what they are doing, using the right tools and strategies to trade. Do not forget that trading that's not only cryptocurrencies. There are a lot of people who are living from trading gold, oil and other currencies. Belive me, for them it is not gambling.

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December 19, 2016, 04:12:13 PM
 #1593

No,I don't consider trading as gambling.Because trading depends on our skills,knowledge and experience.Trading can give us good amount of profit in short time.We can use our mind to predict the future price.But in gambling it just depends on our luck,no strategy or skills can be followed.Also in gambling our losing chances is high than trading.
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December 19, 2016, 04:20:37 PM
 #1594

No,I don't consider trading as gambling.Because trading depends on our skills,knowledge and experience.Trading can give us good amount of profit in short time.We can use our mind to predict the future price.But in gambling it just depends on our luck,no strategy or skills can be followed.Also in gambling our losing chances is high than trading.
There some points I do not agree with you. Actually, gambling does require strategy and skills like trading does. But they are not very useful for gamblers at all so most of them usually skip these part and jump into gamble without anything except their feelings. In general, It is not a good idea to pass these factor because they can help you to reduce the losing amount.


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December 19, 2016, 04:34:32 PM
 #1595

I do not consider same because their different ways of losing in the sense that in gambling the chances of me losing is higher which could also be unfair, even after the "provably fair" slogan and I could not verify or I'm not even sure of that unlike trading when I lose, then I know I'm not the only in the box and I can even win back my losses overnight unlike gambling...
Yes the possibility of gaining back loses is much clearer rather than gambling that will only allow you to keep losing more and more while you are very eager to bounce back unlike trading after sudden loss opportunity to hold or opportunity regain the price always higher if you supported known project.

that's right. i think the only similarity between gambling and trading is the risk you put in the onset. but if you analyze it, it's normal to lose when trading but you are,in a way, aware of how to get back those losses since trading requires study of movements of coins. wherein gambling, you have to still hope that you'd be lucky enough to regain your losses if you lose and the chances of that happening if pretty slim compared to when you do trading
They are really the same in terms of risk of lossing money but they differ on how you gonna lessen the risk involving it. As you mentioned on trading we could definitely minimize it by having more knowledge on trading and some skills needed unlike on gambling which you really purely rely on luck in able to win but there are games that still need skills and experience like sports bet but they are just the same though.

risk is resent all day if we look in that direction
every actions and every step have some risk or consequences
will this be trading or gambling that is not the point
gambling is win - lose all the way trading is different from all perspectives
Well, it's really different as in trading a lot of people succeed while in gambling a lot of people loses. It's easy to understand the difference as I see gambling as an entertainment while trading as a job.
i think we should not consider gambling as entertainment, because there is no entertainment in gambling, gambling can only make you please if you are making money but if you are loosing then gambling become one of the most boring game of the world.
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December 19, 2016, 06:51:32 PM
 #1596

No,I don't consider trading as gambling.Because trading depends on our skills,knowledge and experience.Trading can give us good amount of profit in short time.We can use our mind to predict the future price.But in gambling it just depends on our luck,no strategy or skills can be followed.Also in gambling our losing chances is high than trading.
There some points I do not agree with you. Actually, gambling does require strategy and skills like trading does. But they are not very useful for gamblers at all so most of them usually skip these part and jump into gamble without anything except their feelings. In general, It is not a good idea to pass these factor because they can help you to reduce the losing amount.
I do not think so because I have tried many strategies for my gambling still I was unable to reduce my losing amounts.

It is too true that gambling is beyond those skills and strategies and only luck is the needed thing. That is the reason I'm not considering gambling as trading as I'm able to make some profits in my trading.



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December 19, 2016, 07:08:10 PM
 #1597

Most traders don't think they are gambling but they are. It is just a different form of gambling, but you are doing something that is requiring a lot of luck to be on your side in order to benefit from all those swings, specially as a day trader.

Long term trading is better, you can predict what will happen, not when.
I agree that long term trading can net you more profit but I think that in all variations of trading you can make nice profit as long as you control your emotions and make a strategy for your betting lot which is really important.You have to have and idea of what you are doing,because if you don't things can go in the opposite direction really fast and who know where from there Cheesy

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December 19, 2016, 08:06:21 PM
 #1598

I do not consider same because their different ways of losing in the sense that in gambling the chances of me losing is higher which could also be unfair, even after the "provably fair" slogan and I could not verify or I'm not even sure of that unlike trading when I lose, then I know I'm not the only in the box and I can even win back my losses overnight unlike gambling...
Yes the possibility of gaining back loses is much clearer rather than gambling that will only allow you to keep losing more and more while you are very eager to bounce back unlike trading after sudden loss opportunity to hold or opportunity regain the price always higher if you supported known project.

that's right. i think the only similarity between gambling and trading is the risk you put in the onset. but if you analyze it, it's normal to lose when trading but you are,in a way, aware of how to get back those losses since trading requires study of movements of coins. wherein gambling, you have to still hope that you'd be lucky enough to regain your losses if you lose and the chances of that happening if pretty slim compared to when you do trading
They are really the same in terms of risk of lossing money but they differ on how you gonna lessen the risk involving it. As you mentioned on trading we could definitely minimize it by having more knowledge on trading and some skills needed unlike on gambling which you really purely rely on luck in able to win but there are games that still need skills and experience like sports bet but they are just the same though.

risk is resent all day if we look in that direction
every actions and every step have some risk or consequences
will this be trading or gambling that is not the point
gambling is win - lose all the way trading is different from all perspectives
Well, it's really different as in trading a lot of people succeed while in gambling a lot of people loses. It's easy to understand the difference as I see gambling as an entertainment while trading as a job.
But I think we cannot consider gambling as entertainment. As most of the people are making money in gambling, they are expert in gambling and they consider gambling as their mean of earning livelihood. Although it is a fact that gambling is more risky than investment, but if you have no experience in trading they there is always a risk of losing money even in trading. 
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December 19, 2016, 08:52:25 PM
 #1599

I do not consider same because their different ways of losing in the sense that in gambling the chances of me losing is higher which could also be unfair, even after the "provably fair" slogan and I could not verify or I'm not even sure of that unlike trading when I lose, then I know I'm not the only in the box and I can even win back my losses overnight unlike gambling...
Yes the possibility of gaining back loses is much clearer rather than gambling that will only allow you to keep losing more and more while you are very eager to bounce back unlike trading after sudden loss opportunity to hold or opportunity regain the price always higher if you supported known project.

that's right. i think the only similarity between gambling and trading is the risk you put in the onset. but if you analyze it, it's normal to lose when trading but you are,in a way, aware of how to get back those losses since trading requires study of movements of coins. wherein gambling, you have to still hope that you'd be lucky enough to regain your losses if you lose and the chances of that happening if pretty slim compared to when you do trading
They are really the same in terms of risk of lossing money but they differ on how you gonna lessen the risk involving it. As you mentioned on trading we could definitely minimize it by having more knowledge on trading and some skills needed unlike on gambling which you really purely rely on luck in able to win but there are games that still need skills and experience like sports bet but they are just the same though.

risk is resent all day if we look in that direction
every actions and every step have some risk or consequences
will this be trading or gambling that is not the point
gambling is win - lose all the way trading is different from all perspectives
Well, it's really different as in trading a lot of people succeed while in gambling a lot of people loses. It's easy to understand the difference as I see gambling as an entertainment while trading as a job.
But I think we cannot consider gambling as entertainment. As most of the people are making money in gambling, they are expert in gambling and they consider gambling as their mean of earning livelihood. Although it is a fact that gambling is more risky than investment, but if you have no experience in trading they there is always a risk of losing money even in trading. 
If by people you mean players who gamble on casinos then they can get entertainment more than earning money so for players we can say gambling is a source of entertainment while those people who own these casino do not consider starting casino as entertainment but for them it is a source of earning money and for their life they earn from there.

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December 25, 2016, 07:40:51 PM
 #1600

No,I don't consider trading as gambling.Because trading depends on our skills,knowledge and experience.Trading can give us good amount of profit in short time.We can use our mind to predict the future price.But in gambling it just depends on our luck,no strategy or skills can be followed.Also in gambling our losing chances is high than trading.
There some points I do not agree with you. Actually, gambling does require strategy and skills like trading does. But they are not very useful for gamblers at all so most of them usually skip these part and jump into gamble without anything except their feelings. In general, It is not a good idea to pass these factor because they can help you to reduce the losing amount.
I do not think so because I have tried many strategies for my gambling still I was unable to reduce my losing amounts.

It is too true that gambling is beyond those skills and strategies and only luck is the needed thing. That is the reason I'm not considering gambling as trading as I'm able to make some profits in my trading.
The truth is that this will always be a risky game. I think there are certain techniques that can help reduce risks, and a broad knowledge of the game will help increase the chances, but luck is what will decide who loses or wins. This surely differentiates gambling from trading.

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