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Author Topic: Do you consider trading as gambling?  (Read 47334 times)
znickelbackz
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February 26, 2016, 02:40:20 PM
 #21

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.

stay away from gambling is good, but don't stay away from trading, it's not bad. come closer to it, it's not waste of time. losing money can come back in trading.
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February 26, 2016, 02:53:48 PM
 #22

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.

stay away from gambling is good, but don't stay away from trading, it's not bad. come closer to it, it's not waste of time. losing money can come back in trading.
I consider some trading gambling, and some gambling trading.

I used to use betfair a lot, and you can really trade in play quite a lot.  As something like a tennis match evolves, you can trade positions and end up with a green book, or a red book.  That is as much trading as FX trading is.
Trading something like bitcoin or an alt is pretty much gambling, especially if you do it with leverage.  They are too risky to be considered real trading, and without any prior warning you can lose everything in no time (unlikely in FX trading, unless you were short the CHF!)

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February 26, 2016, 03:03:58 PM
 #23

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.

stay away from gambling is good, but don't stay away from trading, it's not bad. come closer to it, it's not waste of time. losing money can come back in trading.
I consider some trading gambling, and some gambling trading.

I used to use betfair a lot, and you can really trade in play quite a lot.  As something like a tennis match evolves, you can trade positions and end up with a green book, or a red book.  That is as much trading as FX trading is.
Trading something like bitcoin or an alt is pretty much gambling, especially if you do it with leverage.  They are too risky to be considered real trading, and without any prior warning you can lose everything in no time (unlikely in FX trading, unless you were short the CHF!)



what ever trading or gambling you have to keep limit, but in trading like betfair for sports you get chance for both side making profit, like in cricket their you can see that when a team is in favorite in low odd you can lay it and in between the other team goes good then you will get other team low that time you can lay that team and make both site book, like this trading you can win always , let it be a small winning but it is better than a loss.

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February 26, 2016, 03:14:08 PM
 #24

Yes they pretty much have the same outcome therefor gambling is trading in my eyes. You get to lose one way or another and also profit the same way but with one you could increase the chances to an extent and with the other one you can't and have to be on point when you do the trades.

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February 26, 2016, 03:19:02 PM
 #25

In a way,yes ,logically speaking NO.Warren Buffet is a trader ,a stock expert .Stocks is somehow in the layman's words called gambling for people who don't know the rules.Warren Buffet read a lot of books,went through companies financial strategies ,their paper work and predicted what's the financial value of the stock will be and hence he always played right .So no gambling  here just very logical approach.But not sure what trading implies here if you want to know if switching of coins from one exchange to other for the sake of rate profit values ,I don't think its related to gambling anyway.
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February 26, 2016, 03:49:29 PM
 #26

trading and gambling both of these have high risk to do so but bad affect from gambling can make you addictive and trading obviously will not make you an addicting
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February 26, 2016, 03:52:22 PM
 #27

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

There definitely is a gambling aspect to it.
I, for one, don't believe in technical analysis.  Smiley
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February 26, 2016, 03:53:15 PM
 #28

yeah, sometimes i feel like i have to gamble on what coin to buy and if it is going to go up or down. and there is no other ways of knowing in such cases, so i take a huge risk and invest.

this way also is not going to be always successful and/or profitable!

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February 26, 2016, 05:46:40 PM
 #29

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

Gambling and Trading are nothing alike. Actually once you start looking into trading closely and start to understand what is going on then you will realize how different they are. Sure, random events can happen there also, like anywhere in life. Gambling is pure randomness, there is nothing you can really do to predict the outcome. Trading however has many things that allow you to guess the right outcome, for example news. If the news is positive, the price moves up, if it is negative it goes down. Simple isn't it ? Can you trade just by news ? Yes you can. The opportunities will not happen very often but it is doable Smiley
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February 26, 2016, 05:53:26 PM
 #30

no, trading is not a gambling, you take risk, but if you know  what youre doing, like investing in bitcoins, thats 99% that you will win money if you won't sel them after first dump

 
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February 26, 2016, 09:12:46 PM
 #31

no, trading is not a gambling, you take risk, but if you know  what youre doing, like investing in bitcoins, thats 99% that you will win money if you won't sel them after first dump

Well in a way it is gambling, but yet it is called investing. For me it is an investment becaues i believe the risk are way less then you have with gambling.
But i understand where you are going with this.
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February 26, 2016, 09:17:22 PM
 #32

no, trading is not a gambling, you take risk, but if you know  what youre doing, like investing in bitcoins, thats 99% that you will win money if you won't sel them after first dump
Do you take risks in gambling ? Your bitcoin example is as same as a gambler hitting a jackpot of a million dollars right ? I mean people have won and they will continue to be.How can you be so sure that the prices of bitcoins will not fall and you won't lose money ?I agree that trading is not same as gambling but you gave a vague explanation.
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February 26, 2016, 09:22:11 PM
 #33

yes i do consider that as gamble
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February 26, 2016, 09:30:53 PM
 #34

For me yes, you are making a guess what will win or lose, but in gambling you can't do research because bookmakers are already done doing it, but in trading you have a lots of opportunity to study first before doing your first trade and also in trading even you already losing it a lots of opportunity to regain your money.

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February 26, 2016, 09:55:13 PM
 #35

For people who don't know any knowledge about trading, mostly they do trading as gamble.
But for people who knows what trading it is, how market move it can be learned and it's not gambling for them.
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February 26, 2016, 09:58:42 PM
 #36

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.

stay away from gambling is good, but don't stay away from trading, it's not bad. come closer to it, it's not waste of time. losing money can come back in trading.
Trading will win if u really have understand market.. But only 5% win and 95% losing.. Market broker collect your profit if u not smart and lucky! I think Trading is good choice more than Gambling.. But maybe everybody like "Easy come, easy go"..=> Gambling have more interested!
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February 26, 2016, 10:16:47 PM
 #37

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.

stay away from gambling is good, but don't stay away from trading, it's not bad. come closer to it, it's not waste of time. losing money can come back in trading.
Trading will win if u really have understand market.. But only 5% win and 95% losing.. Market broker collect your profit if u not smart and lucky! I think Trading is good choice more than Gambling.. But maybe everybody like "Easy come, easy go"..=> Gambling have more interested!

Well I think it still falling under the category from gambling, trading is a risk and you are a sort of gambling if you ask me because you are betting money on something right ?
Its of course always risky and than its just a matter of luck you need I think its the same gambling has some more risk in my opinion but its almost the same thing in my opinion.
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February 26, 2016, 11:27:05 PM
 #38

Yes, trading is the same as gambling for me Cheesy

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February 27, 2016, 12:45:15 AM
 #39

Yes, trading is the same as gambling for me Cheesy

If any one do a day trading than it is almost same as gambling because no one can predict how market can fluctuate for short period. But if any on invest money for long term perspective than I won't say it is gambling because surely one will not lose all money at one shot in investing and they will get opportunity to withdraw some of there money but in gambling losing means all money will disappear at once.
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February 27, 2016, 12:51:08 AM
 #40

If you trade without an escrow,it is gambling since you never know if the other side will deliver what he promised  Grin
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