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Author Topic: Do you consider trading as gambling?  (Read 45375 times)
freedomgo
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September 13, 2016, 06:35:57 AM

Yes i consider trading as gambling because the trading and gambling is  both them risky because you can win or lose . The trading is like gambling or buy a bitcoin altcoins but you never know when it increases and can decrease the kays sold so you can simply sink or eventually beat . Also gambling you can win or lose so they are both risky .

After a lot of thinking, I must say that gambling is different to trading. Yes, it is both risky ( I agree with you ) and there is always a possibility that you will lose but, trading have one difference. The difference between them is that, you have a hold on the coins/thing that you've traded which is different to gambling. Even the price of the traded coins have sunked out, remember that you still have the coins in your hand.

Yes in both case the risk is same, but the risk percentage is different in both gambling and trading. And the skill set also different in trading we need to know about market price, and we have to follow the daily market updates, etc. But in gambling, if you have luck you will make a profit without any skills and hard work. In trading profit, percentahe is bit high and in gambling, it is bit low.
Or let us just say it this way, more traders are successful compared to the gamblers using the same goal in making money, they have risk both but it seems that trading is more profitable so it is fine if we are gambling when we trade as long as we can make profit in the end.



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September 13, 2016, 06:46:17 AM

It can be considered gambling when the investor is only based on chart analysis, forgetting to follow the development of the project in which the investment is made.
good point if the investors is just reading the charts and not dealing with the real project and developments they are just staking to what they believes charts will bring them so its gambling to their fate.

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September 13, 2016, 07:01:00 AM

It can be considered gambling when the investor is only based on chart analysis, forgetting to follow the development of the project in which the investment is made.
good point if the investors is just reading the charts and not dealing with the real project and developments they are just staking to what they believes charts will bring them so its gambling to their fate.
How? Charts are very good companion for every trader. If you are able to read charts, then you can predict the market directions very accurately. Because visual things are easy to interpret and will be helping for decision making. I guess only when a trader believing on his luck, he will become a gambler but with his trades.

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September 13, 2016, 01:32:31 PM

It can be considered gambling when the investor is only based on chart analysis, forgetting to follow the development of the project in which the investment is made.
good point if the investors is just reading the charts and not dealing with the real project and developments they are just staking to what they believes charts will bring them so its gambling to their fate.
How? Charts are very good companion for every trader. If you are able to read charts, then you can predict the market directions very accurately. Because visual things are easy to interpret and will be helping for decision making. I guess only when a trader believing on his luck, he will become a gambler but with his trades.
Yes, I too believe, only the factor luck will differentiate between trading and gambling. Charts are intelligent tools. So it cannot be excluded from traders' success formula. But, lacking of knowledge in trading and blindly placing orders are definitely moving your trading into gambling.

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September 13, 2016, 01:58:08 PM

It can be considered gambling when the investor is only based on chart analysis, forgetting to follow the development of the project in which the investment is made.
good point if the investors is just reading the charts and not dealing with the real project and developments they are just staking to what they believes charts will bring them so its gambling to their fate.
How? Charts are very good companion for every trader. If you are able to read charts, then you can predict the market directions very accurately. Because visual things are easy to interpret and will be helping for decision making. I guess only when a trader believing on his luck, he will become a gambler but with his trades.
Yes, I too believe, only the factor luck will differentiate between trading and gambling. Charts are intelligent tools. So it cannot be excluded from traders' success formula. But, lacking of knowledge in trading and blindly placing orders are definitely moving your trading into gambling.
It could result to a win sometimes but in the long run you will still lose like in gambling, what is good in trading is we can get relevant information that is useful in our trading job, we are confident in placing orders because we were able to study the history of a certain coins including the trends and statistics.

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September 13, 2016, 02:32:17 PM

It can be considered gambling when the investor is only based on chart analysis, forgetting to follow the development of the project in which the investment is made.
good point if the investors is just reading the charts and not dealing with the real project and developments they are just staking to what they believes charts will bring them so its gambling to their fate.
How? Charts are very good companion for every trader. If you are able to read charts, then you can predict the market directions very accurately. Because visual things are easy to interpret and will be helping for decision making. I guess only when a trader believing on his luck, he will become a gambler but with his trades.
Yes, I too believe, only the factor luck will differentiate between trading and gambling. Charts are intelligent tools. So it cannot be excluded from traders' success formula. But, lacking of knowledge in trading and blindly placing orders are definitely moving your trading into gambling.
No, for trading also luck is essential as you can not predict the direction of movement all the time so accurate.
So you can not differentiate trading and gambling based on influence of luck.

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September 13, 2016, 02:38:12 PM

It can be considered gambling when the investor is only based on chart analysis, forgetting to follow the development of the project in which the investment is made.
good point if the investors is just reading the charts and not dealing with the real project and developments they are just staking to what they believes charts will bring them so its gambling to their fate.
How? Charts are very good companion for every trader. If you are able to read charts, then you can predict the market directions very accurately. Because visual things are easy to interpret and will be helping for decision making. I guess only when a trader believing on his luck, he will become a gambler but with his trades.
Yes, I too believe, only the factor luck will differentiate between trading and gambling. Charts are intelligent tools. So it cannot be excluded from traders' success formula. But, lacking of knowledge in trading and blindly placing orders are definitely moving your trading into gambling.

Well in trading you are not just going to depend with luck but you must also depend on your  skill and invest to time same as money. Unlike in gambling you are completely going to depend with your luck. The risk is just going to be the thing that is going to be considered the same with both of them, but without it they are totally different.



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September 13, 2016, 06:57:26 PM



Well in trading you are not just going to depend with luck but you must also depend on your  skill and invest to time same as money. Unlike in gambling you are completely going to depend with your luck. The risk is just going to be the thing that is going to be considered the same with both of them, but without it they are totally different.

Luck must be accompanied by skills and good analyzation so that traders will have a good moves to their trading action. They are incomplete if one of these is not present.

Unlike in the usual gambling where you just need 100% luck like you stated.


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September 13, 2016, 11:12:08 PM

It can be considered gambling when the investor is only based on chart analysis, forgetting to follow the development of the project in which the investment is made.
good point if the investors is just reading the charts and not dealing with the real project and developments they are just staking to what they believes charts will bring them so its gambling to their fate.
How? Charts are very good companion for every trader. If you are able to read charts, then you can predict the market directions very accurately. Because visual things are easy to interpret and will be helping for decision making. I guess only when a trader believing on his luck, he will become a gambler but with his trades.
Yes, I too believe, only the factor luck will differentiate between trading and gambling. Charts are intelligent tools. So it cannot be excluded from traders' success formula. But, lacking of knowledge in trading and blindly placing orders are definitely moving your trading into gambling.

Well in trading you are not just going to depend with luck but you must also depend on your  skill and invest to time same as money. Unlike in gambling you are completely going to depend with your luck. The risk is just going to be the thing that is going to be considered the same with both of them, but without it they are totally different.

luck in trading and luck in gambling is different. because in trading, if we look on charts, we can make some points where the rate will going and we make sell or buy order, then luck will be play. if our luck good, then we can get our sell or buy order fill. then if our order buy and sell is missed, then our money is not lose but change into other altcoins. but in gambling, our luck is the most important factor if we want to win the game. if we don't have good luck, then we lose our money.

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September 13, 2016, 11:57:55 PM

It can be considered gambling when the investor is only based on chart analysis, forgetting to follow the development of the project in which the investment is made.
good point if the investors is just reading the charts and not dealing with the real project and developments they are just staking to what they believes charts will bring them so its gambling to their fate.
How? Charts are very good companion for every trader. If you are able to read charts, then you can predict the market directions very accurately. Because visual things are easy to interpret and will be helping for decision making. I guess only when a trader believing on his luck, he will become a gambler but with his trades.
Yes, I too believe, only the factor luck will differentiate between trading and gambling. Charts are intelligent tools. So it cannot be excluded from traders' success formula. But, lacking of knowledge in trading and blindly placing orders are definitely moving your trading into gambling.

Well in trading you are not just going to depend with luck but you must also depend on your  skill and invest to time same as money. Unlike in gambling you are completely going to depend with your luck. The risk is just going to be the thing that is going to be considered the same with both of them, but without it they are totally different.

yes along with luck and skills trade also depend on knowledge and past history of the trader and the coin or any other asset and these things are easily achievable for a mankind while in gambling we are unable to take the support of any of our senses or mind or any other thing without to wait for the luck to meet us with a good time.


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September 14, 2016, 01:24:37 AM

From my perspective, trading  bitcoins or altcoins can be considered  as gambling, with a much  lower level of risk, of course. When i trade i'm researching coins same as some  sports gambler research football  teams. In both cases it's gamble  if you don't have some reliable insider info..
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September 14, 2016, 01:38:12 AM

From my perspective, trading  bitcoins or altcoins can be considered  as gambling, with a much  lower level of risk, of course. When i trade i'm researching coins same as some  sports gambler research football  teams. In both cases it's gamble  if you don't have some reliable insider info..

You are right with it and I would say that not just trading is going to be considered as gambling but all types of investments are good to consider that they are all types of gambling.

Because you are going to risk your money or bitcoin in able to make grow of it. We are just like the same as gamblers if you a trader.

They are gambling for the aim of growing their bitcoins fast and you are also do.

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September 14, 2016, 05:34:10 AM

Trading actually involves a deep study  before you invest your money  or put your possession into it .  So, for those people whom just listen  to one or two articles, and  then go straight into trading for  that stocks, would be more like gambling.
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September 14, 2016, 06:14:57 AM

From my perspective, trading  bitcoins or altcoins can be considered  as gambling, with a much  lower level of risk, of course. When i trade i'm researching coins same as some  sports gambler research football  teams. In both cases it's gamble  if you don't have some reliable insider info..
if you compared trading with sports betting yeah it's makes sense both are requiered some research to maximize your chance to win and get profit but if you compare trading with a casino games like blackjack, roulette , lotterry , slots machine , dice etc could you still call it as same thing as trading ? no of course not.

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September 14, 2016, 06:40:31 AM

From my perspective, trading  bitcoins or altcoins can be considered  as gambling, with a much  lower level of risk, of course. When i trade i'm researching coins same as some  sports gambler research football  teams. In both cases it's gamble  if you don't have some reliable insider info..
if you compared trading with sports betting yeah it's makes sense both are requiered some research to maximize your chance to win and get profit but if you compare trading with a casino games like blackjack, roulette , lotterry , slots machine , dice etc could you still call it as same thing as trading ? no of course not.

even if you are comparing trading with those gambling games that require skills more than luck like betting on sports, there is still a lot of big differences between gambling and trading.

because although there is so little need to luck in trading, there is a lot of luck needed in gambling even if you are gather information on the sports and making a good bet, you are still risking a lot.














 

 

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September 14, 2016, 07:40:57 AM

From my perspective, trading  bitcoins or altcoins can be considered  as gambling, with a much  lower level of risk, of course. When i trade i'm researching coins same as some  sports gambler research football  teams. In both cases it's gamble  if you don't have some reliable insider info..
if you compared trading with sports betting yeah it's makes sense both are requiered some research to maximize your chance to win and get profit but if you compare trading with a casino games like blackjack, roulette , lotterry , slots machine , dice etc could you still call it as same thing as trading ? no of course not.

even if you are comparing trading with those gambling games that require skills more than luck like betting on sports, there is still a lot of big differences between gambling and trading.

because although there is so little need to luck in trading, there is a lot of luck needed in gambling even if you are gather information on the sports and making a good bet, you are still risking a lot.
You will not look for your luck if you are confident enough that what you are doing is right and it will bring your good result, regardless if it is gambling or trading but the main outcome is money. I would say evaluate your skills and if you have good in trading then you only focus that doing different things that will only make you ineffective.

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September 14, 2016, 08:12:38 AM

From my perspective, trading  bitcoins or altcoins can be considered  as gambling, with a much  lower level of risk, of course. When i trade i'm researching coins same as some  sports gambler research football  teams. In both cases it's gamble  if you don't have some reliable insider info..
if you compared trading with sports betting yeah it's makes sense both are requiered some research to maximize your chance to win and get profit but if you compare trading with a casino games like blackjack, roulette , lotterry , slots machine , dice etc could you still call it as same thing as trading ? no of course not.

even if you are comparing trading with those gambling games that require skills more than luck like betting on sports, there is still a lot of big differences between gambling and trading.

because although there is so little need to luck in trading, there is a lot of luck needed in gambling even if you are gather information on the sports and making a good bet, you are still risking a lot.
You will not look for your luck if you are confident enough that what you are doing is right and it will bring your good result, regardless if it is gambling or trading but the main outcome is money. I would say evaluate your skills and if you have good in trading then you only focus that doing different things that will only make you ineffective.
yes focusing yourself to convert your skills into a profitable ways is a good choice never do two things at the time because for sure mistakes will happen so if you think trading would be your great avenue just continue doing it and master your skills to earn profits

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September 14, 2016, 10:09:32 AM

Trading actually involves a deep study  before you invest your money  or put your possession into it .  So, for those people whom just listen  to one or two articles, and  then go straight into trading for  that stocks, would be more like gambling.

True, whoever invest money in trading without understanding about the product which is investing is like gambling because they just guess at future prices may go up so they can make money from the trade. Gambling also same people put money just by guessing something.

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September 14, 2016, 12:13:43 PM

For a part I consider it as gambling but I also think that is logical due to the fact that its very risky and you are exchanging money for something.
I think its almost the same and that the risks are the same as it so yes!
The thing that a lotnof people think that trading is just like gambling because they have no idea in trading.
Everyone know that trading and gambling is two different thing .
They compared in risk factor only , nothing more?

You are indeed correct, actual trading is gambling. But trading is better used for those who do not want to get addicted and don't want to get something very bad thing if the always use it. Gambling and trading differences did exist in the risk, so if we see well then all the gambling and trading the same
Good point! Trading is not addictive as gambling really addictive.
Have same factor on risk doesnt mean it can considered as same thing.
Gambling and trading is two different thing with different method to reach certain goal.

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September 14, 2016, 01:17:09 PM

For a part I consider it as gambling but I also think that is logical due to the fact that its very risky and you are exchanging money for something.
I think its almost the same and that the risks are the same as it so yes!
The thing that a lotnof people think that trading is just like gambling because they have no idea in trading.
Everyone know that trading and gambling is two different thing .
They compared in risk factor only , nothing more?

You are indeed correct, actual trading is gambling. But trading is better used for those who do not want to get addicted and don't want to get something very bad thing if the always use it. Gambling and trading differences did exist in the risk, so if we see well then all the gambling and trading the same
Good point! Trading is not addictive as gambling really addictive.
Have same factor on risk doesnt mean it can considered as same thing.
Gambling and trading is two different thing with different method to reach certain goal.
There are some common similarities between gambling and trading
- both of it need capital to stake
- we don't know for sure what the results (loss or profits)
- we can analysis both of it to win
- risky is just one part of it
You're right that gambling and trading are two different things, but I can say trading could consider as gambling as they have some similarities.



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     ▀█▄ ░░░▒▒█▄▄      ▄██▒▒▒▒▒░    █     
       ▀▄▄ ░░▒▒▒▓█    ██▒▒▒▒▒▒░   ▄▄█     
        ▐▀█▄░░▒▒▓██  █▓▒▒▒▒▒▒░  ▄█▀ ▐▌     
        ▐▌ ▀▀█▒▓███░▐█▓▒▒▒▒░░ ▄█▀   ▐▌     
        ▐▌      ▀██ ▐█▓▓▒▒▄▄▄█▀     ▐▌     
         █        ▀  █▓█▀▀█         █     
         ▐█          ▐▄▓░ █▄       █▌     
          ▀█▄         ▀█▒░ ▀█▄   ▄█▀       
            ▀█▄         ▀█▄▄▄█▌▄█▀         
              ▀██▄▄       ▀▄▄██▀           
                 ▀▀████████▀▀             

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