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Author Topic: Do you consider trading as gambling?  (Read 45436 times)
znickelbackz
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March 12, 2016, 04:50:44 AM
 #221

I think trading is less like gambling because there is a lot more strategy and potential for knowledge to actually be applied in the stock market, as opposed to gambling which is typically based on random chance.

strategies, knowledge,... are really hard things to archive, and use, especially in trading. many people just jump in trading without them and it's like gambling.

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March 12, 2016, 02:34:21 PM
 #222

I think trading is less like gambling because there is a lot more strategy and potential for knowledge to actually be applied in the stock market, as opposed to gambling which is typically based on random chance.

Not all gambling is based on luck, strategy in Poker and knowledge in Sports betting can be applied to make profit too and same way not all trading is based on calculations, sometimes is just luck, so in a way both of them are interrelated.

 

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March 12, 2016, 03:01:59 PM
 #223

in the world of cryptocurrencies tradins sometimes feel like a gamble because it is hard to speculate the market sometimes. and that is because crypto market is full of manipulation and some of the altcoin markets are small enough to be easily pushed around with a couplf of BTC.
but this doesn't mean that trading should be considered a gamle. there is still ways of predicting things and investing accordingly that will help you beat the market for profit.

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March 12, 2016, 03:30:13 PM
 #224

Trading is gambling. You can be patient about trading, though. There's no win or loss right away, but you have to wait. You definitely have more chance with trading though
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March 12, 2016, 03:39:17 PM
 #225

I think trading is less like gambling because there is a lot more strategy and potential for knowledge to actually be applied in the stock market, as opposed to gambling which is typically based on random chance.

strategies, knowledge,... are really hard things to archive, and use, especially in trading. many people just jump in trading without them and it's like gambling.

Trading only become a gamble if you do not know what you are doing. But if you have the right knowledge and skills, then it is not a gamble. If you lose, it is not because you are unlucky but because you made a mistake in your analysis. While in gambling, you lose because you are unlucky.


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Sourgummies
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March 12, 2016, 03:42:20 PM
 #226

I think trading is less like gambling because there is a lot more strategy and potential for knowledge to actually be applied in the stock market, as opposed to gambling which is typically based on random chance.

strategies, knowledge,... are really hard things to archive, and use, especially in trading. many people just jump in trading without them and it's like gambling.

Trading only become a gamble if you do not know what you are doing. But if you have the right knowledge and skills, then it is not a gamble. If you lose, it is not because you are unlucky but because you made a mistake in your analysis. While in gambling, you lose because you are unlucky.
No, but you can lose money in trading for factors that are unexpected. What if you invest in bitcoins as you see positive news, and then all of the sudden there's a huge scandal with bitcoin money laundering? There's a luck element to that.
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March 12, 2016, 03:57:10 PM
 #227

I think trading is less like gambling because there is a lot more strategy and potential for knowledge to actually be applied in the stock market, as opposed to gambling which is typically based on random chance.

strategies, knowledge,... are really hard things to archive, and use, especially in trading. many people just jump in trading without them and it's like gambling.

Trading only become a gamble if you do not know what you are doing. But if you have the right knowledge and skills, then it is not a gamble. If you lose, it is not because you are unlucky but because you made a mistake in your analysis. While in gambling, you lose because you are unlucky.
No, but you can lose money in trading for factors that are unexpected. What if you invest in bitcoins as you see positive news, and then all of the sudden there's a huge scandal with bitcoin money laundering? There's a luck element to that.

well that is what he said about the mistake in analysis or you lack in some research that others find out and you didnt. so when trading, u dont blame ppl when you lose but u only have to blame urself for not doing enough analysis.

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March 12, 2016, 04:06:36 PM
 #228

I think trading is less like gambling because there is a lot more strategy and potential for knowledge to actually be applied in the stock market, as opposed to gambling which is typically based on random chance.

strategies, knowledge,... are really hard things to archive, and use, especially in trading. many people just jump in trading without them and it's like gambling.

Trading only become a gamble if you do not know what you are doing. But if you have the right knowledge and skills, then it is not a gamble. If you lose, it is not because you are unlucky but because you made a mistake in your analysis. While in gambling, you lose because you are unlucky.
No, but you can lose money in trading for factors that are unexpected. What if you invest in bitcoins as you see positive news, and then all of the sudden there's a huge scandal with bitcoin money laundering? There's a luck element to that.

well that is what he said about the mistake in analysis or you lack in some research that others find out and you didnt. so when trading, u dont blame ppl when you lose but u only have to blame urself for not doing enough analysis.
That's not analysis, that's an unpredictable scenario. Is it your fault if you invest in bitcoins and a whale decides to dump their coins and drops the price down? No. That's luck.
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March 14, 2016, 10:36:03 AM
 #229

Technically is is true trading is gambling
We invest in hope for gain big income but this doesn't need to be every time
If you/me/he/she invest in some bad investment then we all lose off course better is to gain but this doesn't need to be every time



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March 14, 2016, 11:50:05 AM
 #230

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 think that gambling is everything that have 99,9% or less chances to win, because you're not sure if you will win or lose, not like a job, there you always will get money, but in gambling you also can lose it, and i think about trading same as gambling for same reasons
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March 16, 2016, 07:05:08 PM
 #231

If you are a former gambler then it's better to avoid even trading since it's very similar to gambling in a way mainly for someone who was related to it at sometime, If you are trading with no sufficient indicators and evidence supporting your buying/selling then it's a form of gambling IMO.

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March 16, 2016, 08:11:10 PM
 #232

trading is quite similar to gambling but in that sense every business has a risk factor which makes it gambling itself. but gambling is just a luck based game.
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March 17, 2016, 04:07:29 AM
 #233

If you are a former gambler then it's better to avoid even trading since it's very similar to gambling in a way mainly for someone who was related to it at sometime, If you are trading with no sufficient indicators and evidence supporting your buying/selling then it's a form of gambling IMO.


But if you know how to read charts, sufficient indicators and do research very well, it is not a gamble anymore. There will always be a risk, but it is calculated risk. It has a higher rate of success. But if you just jump into trading and never do any study or due diligence, you are asking for trouble. Doing that would be like giving away your money.


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March 17, 2016, 05:35:31 AM
 #234

trading is quite similar to gambling but in that sense every business has a risk factor which makes it gambling itself. but gambling is just a luck based game.

That I agree with you. Gambling risk so many money in a luck way. While trading is knowledge. Prediction and some charts will help you in trading. Gambling is push that button and see if you are a lucky one.

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March 17, 2016, 08:20:00 AM
 #235

trading is quite similar to gambling but in that sense every business has a risk factor which makes it gambling itself. but gambling is just a luck based game.

That I agree with you. Gambling risk so many money in a luck way. While trading is knowledge. Prediction and some charts will help you in trading. Gambling is push that button and see if you are a lucky one.

But some people prefer easy and quick money with huge risk meanwhile trading is slow and hard to earn but low risk. You can choose between trading and gambling which on do you like but what I can say gambling can pay you more than you get from trading that s for sure

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March 17, 2016, 08:48:38 AM
 #236

I think trading is less like gambling because there is a lot more strategy and potential for knowledge to actually be applied in the stock market, as opposed to gambling which is typically based on random chance.
I think trading called as gambling or not it is depend on how we play it , if trading played based on your experience /knowledge mean not random trade it is not gamble.

But if you trade randomly choosing up down up down without considering several matters which can affected to price movement , I think it is called gambling.

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March 17, 2016, 10:17:16 AM
 #237

I think trading is less like gambling because there is a lot more strategy and potential for knowledge to actually be applied in the stock market, as opposed to gambling which is typically based on random chance.
I think trading called as gambling or not it is depend on how we play it , if trading played based on your experience /knowledge mean not random trade it is not gamble.

But if you trade randomly choosing up down up down without considering several matters which can affected to price movement , I think it is called gambling.

these pump and dump altcoins ruin it for the whole trading :/

every new user that tries trading for the first time falls for these things. they spread false information and pump the said altcoin and those newbies that buy on top are left with their bags in their hands and nowhere to sell the coin hence calling it chance (gambling).














 

 

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BitMaxz
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March 17, 2016, 11:06:12 AM
 #238

For me i will consider trading as trading not a gambling they are not the same trading is just like exchange unlike gambling games like dice game you should play your money first to make a profit or lose.. i see a lot of people saying they consider trading as gambling but the fact is not trading is not a gambling . You can see the details about the trading here's the link https://en.wikipedia.org/wiki/Trade

bitlancr
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March 17, 2016, 11:44:07 AM
 #239

I think trading is less like gambling because there is a lot more strategy and potential for knowledge to actually be applied in the stock market, as opposed to gambling which is typically based on random chance.
I think trading called as gambling or not it is depend on how we play it , if trading played based on your experience /knowledge mean not random trade it is not gamble.

But if you trade randomly choosing up down up down without considering several matters which can affected to price movement , I think it is called gambling.
Trading is much better than gambling. You will lose more money in gambling than trading so it is bad.
But if you are lucky in gambling than trading is worst. But that happens not that often and that is really rare.
bithasher
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March 17, 2016, 12:06:56 PM
 #240

I don't consider trading as gambling.In gambling the chances of loss are much more higher.In trading depends on the nature of the market even there is also danger but lesser than gambling.In trading you make money on based of your knowledge and experience while market situation also helps.
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