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Author Topic: Do you consider trading as gambling?  (Read 45264 times)
prtty2gal2
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September 14, 2016, 01:32:35 PM
 #901

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.
Yes, luck and knowledge differentiate trading and gambling. When you are having enough knowledge about your trading, you need not to dependent on luck factor. As long as you are not trading based on your blind decisions or simply based on your luck factor, you will not find your trading equivalent to gambling.

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September 14, 2016, 01:40:59 PM
 #902

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.
Yes, luck and knowledge differentiate trading and gambling. When you are having enough knowledge about your trading, you need not to dependent on luck factor. As long as you are not trading based on your blind decisions or simply based on your luck factor, you will not find your trading equivalent to gambling.

Well i think they're a bit similar when you're just new to trading and you're just trying to familiarize yourself with how it works but as you are able to understand and learn in the long run, chance and luck plays a lesser part

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September 14, 2016, 01:48:30 PM
 #903

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.
Yes, luck and knowledge differentiate trading and gambling. When you are having enough knowledge about your trading, you need not to dependent on luck factor. As long as you are not trading based on your blind decisions or simply based on your luck factor, you will not find your trading equivalent to gambling.

Well i think they're a bit similar when you're just new to trading and you're just trying to familiarize yourself with how it works but as you are able to understand and learn in the long run, chance and luck plays a lesser part
when you are new in trading you need to explore all the possibilities to gain, but you do not need to start with a bigger amount of money as definitely you are like experimenting in the early stage. In trading the longer you do the job the more you improve which is a different story for gambling.



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September 14, 2016, 02:05:39 PM
 #904

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.
Yes, luck and knowledge differentiate trading and gambling. When you are having enough knowledge about your trading, you need not to dependent on luck factor. As long as you are not trading based on your blind decisions or simply based on your luck factor, you will not find your trading equivalent to gambling.

Well i think they're a bit similar when you're just new to trading and you're just trying to familiarize yourself with how it works but as you are able to understand and learn in the long run, chance and luck plays a lesser part
when you are new in trading you need to explore all the possibilities to gain, but you do not need to start with a bigger amount of money as definitely you are like experimenting in the early stage. In trading the longer you do the job the more you improve which is a different story for gambling.
Exactly, because experience is the best teacher and if you will not apply what you read in the book you will never learn and not all written in the book right and we will know that if we use it when we trade. Trading is risky therefore we need to be cautious and do not jump to any investment without careful planning.

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September 14, 2016, 03:42:28 PM
 #905

Trading and Gambling are both same for me, as both are risky and waste of time, both involves risk of your money, which you can loose at any stage, so its better to stay away from both.
I do not consider trading as gambling because with trading you get something back but that is not the case with gambling.
With gambling you are not sure if you are going to win or lose.
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September 14, 2016, 06:52:05 PM
 #906

Trading and Gambling are both same for me, as both are risky and waste of time, both involves risk of your money, which you can loose at any stage, so its better to stay away from both.
I do not consider trading as gambling because with trading you get something back but that is not the case with gambling.
With gambling you are not sure if you are going to win or lose.

You just said it "with gambling you are not sure if you are going to win or lose" so meaning chances of something back is possible in gambling even for low percentage.

As long as you are risking money you can considered that as a gamble. Any investment is a gamble too. It's up to the person now how they will handle and play with the gambling risk.

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September 15, 2016, 01:40:17 AM
 #907

Trading and Gambling are both same for me, as both are risky and waste of time, both involves risk of your money, which you can loose at any stage, so its better to stay away from both.
I do not consider trading as gambling because with trading you get something back but that is not the case with gambling.
With gambling you are not sure if you are going to win or lose.

You just said it "with gambling you are not sure if you are going to win or lose" so meaning chances of something back is possible in gambling even for low percentage.

As long as you are risking money you can considered that as a gamble. Any investment is a gamble too. It's up to the person now how they will handle and play with the gambling risk.


I agree with it, because all investments are risky too so you don't know if your investment is going to get profit because you are still basing to your skills,knowledge and as well as luck.

So trading is really considered as gambling because you are going to play for with your money in it.

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September 15, 2016, 01:51:39 AM
 #908

Both have a similarity, which is the purpose of profit. But with regard to risk, things are very different. Trading has a much lower risk, in addition you can reduce this risks with proper research and trading techniques.

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September 15, 2016, 03:21:56 AM
 #909

Both have a similarity, which is the purpose of profit. But with regard to risk, things are very different. Trading has a much lower risk, in addition you can reduce this risks with proper research and trading techniques.
I think they have the same risk, the risk will only depend on the people managing the money, if a certain trader does not do the right research before trading then I would say the risk is high on that scenario the same goes with gambling, I think. They have different approach but both are risky.

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September 15, 2016, 03:39:50 AM
 #910

Both have a similarity, which is the purpose of profit. But with regard to risk, things are very different. Trading has a much lower risk, in addition you can reduce this risks with proper research and trading techniques.
I think they have the same risk, the risk will only depend on the people managing the money, if a certain trader does not do the right research before trading then I would say the risk is high on that scenario the same goes with gambling, I think. They have different approach but both are risky.

Same risk on lossing money indeed but  in trading  you could possibly lessen the risk  with proper knowledge  and good trading pattern. Not same as gambling that you risk your money blindly which is  a different thing  to compare it from trading.  Gambling does  only require luck.

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September 15, 2016, 03:47:29 AM
 #911

Both have a similarity, which is the purpose of profit. But with regard to risk, things are very different. Trading has a much lower risk, in addition you can reduce this risks with proper research and trading techniques.
I think they have the same risk, the risk will only depend on the people managing the money, if a certain trader does not do the right research before trading then I would say the risk is high on that scenario the same goes with gambling, I think. They have different approach but both are risky.

Same risk on lossing money indeed but  in trading  you could possibly lessen the risk  with proper knowledge  and good trading pattern. Not same as gambling that you risk your money blindly which is  a different thing  to compare it from trading.  Gambling does  only require luck.

I agree with you, trading is just like gambling but lesser the risk you can get if you know how to trade properly and you are not just going to depend on your luck in trading. You must have proper researching and enough knowledge in it unlike in gambling even you are going to have knowledge on it still the luck is more working on it.



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September 15, 2016, 04:11:41 AM
 #912

Both have a similarity, which is the purpose of profit. But with regard to risk, things are very different. Trading has a much lower risk, in addition you can reduce this risks with proper research and trading techniques.
I think they have the same risk, the risk will only depend on the people managing the money, if a certain trader does not do the right research before trading then I would say the risk is high on that scenario the same goes with gambling, I think. They have different approach but both are risky.

Same risk on lossing money indeed but  in trading  you could possibly lessen the risk  with proper knowledge  and good trading pattern. Not same as gambling that you risk your money blindly which is  a different thing  to compare it from trading.  Gambling does  only require luck.

I agree with you, trading is just like gambling but lesser the risk you can get if you know how to trade properly and you are not just going to depend on your luck in trading. You must have proper researching and enough knowledge in it unlike in gambling even you are going to have knowledge on it still the luck is more working on it.
yes mate skills and knowledge a perfect combination for you to able to be successful inside trading if you have knowledge risk is too little but in gambling even the stronger team or player can lose always luck is where you relied your fate.

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September 15, 2016, 09:41:03 AM
 #913

Both have a similarity, which is the purpose of profit. But with regard to risk, things are very different. Trading has a much lower risk, in addition you can reduce this risks with proper research and trading techniques.
I think they have the same risk, the risk will only depend on the people managing the money, if a certain trader does not do the right research before trading then I would say the risk is high on that scenario the same goes with gambling, I think. They have different approach but both are risky.
No, the risk levels for gambling and trading is not same. Comparatively gambling has more risk for the given time period. Trading will be safeguarded with a proper well tested strategy whereas gambling has no room for applaying anything such. As long as trading is not influenced by luck, it is not risk involved like gambling.

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September 15, 2016, 12:45:29 PM
 #914

I think trading is not gambling and I do not ever consider it. Trading can indeed be harmful but if we can learn and master it will definitely be an advantage that can be obtained continuously. Whereas gambling is just a game we can win or lose depending on our luck.
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September 15, 2016, 12:51:11 PM
 #915

I think trading is not gambling and I do not ever consider it. Trading can indeed be harmful but if we can learn and master it will definitely be an advantage that can be obtained continuously. Whereas gambling is just a game we can win or lose depending on our luck.

you are quite right. But if you look at the detail of each system existing in the main trading it has similarities with gambling. the similarity is gambling and trading were both risking money for profit. the risks it brings have in common that are thin enough, but better use trading than gambling. Because trading is not going to be addicted, but if gambling is definitely addictive


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September 15, 2016, 01:20:02 PM
 #916

no absolutely not. trading is not a gambling it is a sacrad prfession. trading is the core of every society. socities and states are run of trading while gambling is quite opposite.
nah trading is like gambling because you take the risk of losing money too but in trading the difference between that too is in trading you can easily grow your bitcoin there depends on the alt coin you are going to trade with and in gambling your playing your money where theres a big chance of losing it.
no trading is not like gambling. there is a clear difference between the two. although both are risky and have a chance of loosing money, but in trading you have always a chance of recovering your lose, while in gambling you do not have any chance of recovering your money.
Yeah that is totally true but of course gambling is risky for those who are looking for money using gambling. We cannot make money in an instant in gambling unless you are really to lucky to win in 1st bet. And then in my opinion trading will be just risky if you do not have enough knowledge to do it.



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September 15, 2016, 04:32:37 PM
 #917

For inexperienced person gambling and trading is same thing and I was thinking same sometimes ago. Once I came to know how to read and understand the trading chart I have changed my opinion about them both. gambling is purely luck based while there is a match involved in trading if you go accordingly. Trading and gambling are not same this is where I reached now.
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September 15, 2016, 04:36:01 PM
 #918

For inexperienced person gambling and trading is same thing and I was thinking same sometimes ago. Once I came to know how to read and understand the trading chart I have changed my opinion about them both. gambling is purely luck based while there is a match involved in trading if you go accordingly. Trading and gambling are not same this is where I reached now.

Both of them consider as gambling activity since they both have their own risk !
If trading consider not as gambling then people can easily win or being rich from trading right ?

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September 15, 2016, 05:36:30 PM
 #919

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
Both are risky but they differ in how to earn . Because gambling bigger than you losing than your winnings . The first trading because you just lose especially if you are new to trading you expect that, you will lose money at first but when you trade you have studied it carefully will easily earn just because you know how to trade and had profits . Gambling because if you have no luck where are you exhausted all your money .


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September 15, 2016, 06:40:00 PM
 #920


Both are risky but they differ in how to earn . Because gambling bigger than you losing than your winnings . The first trading because you just lose especially if you are new to trading you expect that, you will lose money at first but when you trade you have studied it carefully will easily earn just because you know how to trade and had profits . Gambling because if you have no luck where are you exhausted all your money .

You can't called it easy but rather you can just play along with the situation with comfortability. And with this you can able to make such plan on what will you do on your next move.

Advance trader still experiencing loss up to today so still it can't be considered as an easy one since cryptocurrencies' price fluctuations really moves a lot especially in altcoins.

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