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Author Topic: Do you consider trading as gambling?  (Read 47257 times)
stadus
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October 26, 2016, 03:09:38 AM
 #1381

No, gambling and trading is different things
because if we gambling we can play it only on gambling site
if trading we only do it on exchange or marketplace
but yeah both is have same risky we can get lose/profit when we trading and gambling
In the point of Risk both are same I agree, Because In Trading or Gambling both factors making money is not easy. Both have different play style in Gambling the profit depends on the game, But in Trading the profit depends on market price. But in both condition we need investment, and we have to put our money in a risk to make a profit.
Gambling is hard to succeed but trading there is a chance, the big difference is that the longer you trade the more chances you can master and might be profitable but in gambling those gamblers who gamble regularly are subject to losing as we can never master a game with a house edge.

i agree for the risk is the same for trading and gambling, but in trading, we only waiting for next jump for the price to sell it and in gambling, we have loss all of our money. both is hard to get succeed and its need work smart to get success and i think trading have a big chance to get success.

and i am not consider trading as gambling because the reason is in trading we don't loss all of our money, it has change into other form and waiting for next price to sell it.
It's not the same for me, as gambling has a house edge and the odds kills us if we are aiming on making money while trading can give us real and updated information that would be our basis to analyze the market to make an appropriate prediction that would give us success.

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October 26, 2016, 05:57:27 AM
 #1382

Yes...I consider trading a gamble.  Anytime one risks their money on a speculation or on an event that is not certain they are gambling.  They are betting that the value of their investment will increase or decrease when they trade.  It's not that much different from laying a wager on a sports event.
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October 26, 2016, 06:05:18 AM
 #1383

Yes...I consider trading a gamble.  Anytime one risks their money on a speculation or on an event that is not certain they are gambling.  They are betting that the value of their investment will increase or decrease when they trade.  It's not that much different from laying a wager on a sports event.
But I think if a person is involved in a place from longer period and can know that what is happening next in there and can know that he will lose his money or gain and can know the factors because of which he will lose or win then it is not gambling and the same occurs in tarde only a few traders do not know much.
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October 26, 2016, 06:29:46 AM
 #1384

Yes...I consider trading a gamble.  Anytime one risks their money on a speculation or on an event that is not certain they are gambling.  They are betting that the value of their investment will increase or decrease when they trade.  It's not that much different from laying a wager on a sports event.
But at least we can calculate the risk in trading compared to gambling that it is more on relying on your luck. No way you will improve your knowledge and skills in gambling, but in trading that is possible for anyone who will study and give time to improve his skills.

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October 26, 2016, 06:56:57 AM
 #1385

Yes...I consider trading a gamble.  Anytime one risks their money on a speculation or on an event that is not certain they are gambling.  They are betting that the value of their investment will increase or decrease when they trade.  It's not that much different from laying a wager on a sports event.
But at least we can calculate the risk in trading compared to gambling that it is more on relying on your luck. No way you will improve your knowledge and skills in gambling, but in trading that is possible for anyone who will study and give time to improve his skills.

That's the difference of trading with gambling, the risk are just being limited with trading as you know the alt coins that you are going to trade but still the risk is still there. And yes, gambling is completely relying on your luck but with trading you need to have knowledge, timing , skills and luck in able to get some good profit.

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October 26, 2016, 08:19:58 AM
 #1386

Yes...I consider trading a gamble.  Anytime one risks their money on a speculation or on an event that is not certain they are gambling.  They are betting that the value of their investment will increase or decrease when they trade.  It's not that much different from laying a wager on a sports event.
But at least we can calculate the risk in trading compared to gambling that it is more on relying on your luck. No way you will improve your knowledge and skills in gambling, but in trading that is possible for anyone who will study and give time to improve his skills.

That's the difference of trading with gambling, the risk are just being limited with trading as you know the alt coins that you are going to trade but still the risk is still there. And yes, gambling is completely relying on your luck but with trading you need to have knowledge, timing , skills and luck in able to get some good profit.

Much of the same analysis that's utilized in sports betting or commodity futures is also considered while trading.  They both require a statistical analysis of collected data.  They are very similar.
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October 26, 2016, 09:17:15 AM
 #1387

No I do not consider trading to be the same as gambling. With trading you get something back.
With gambling you are not sure if you get something at all. The risk is much higher with gambling.
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October 26, 2016, 09:54:52 AM
 #1388

Definitely trading, this is due to the fact that many people are addicted to gambling and got their life wreck while in trading many people got succeeded and they are already enjoying a comfortable life, in trading you need to to gamble also as in everything venture that involves money the risk is always present but if you learn the basic and eventually master it you will have a good future in trading and you begin to consistently earn more money.
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October 26, 2016, 10:00:15 AM
 #1389

You can consider it as gambling I have no doubts about it and I also think it is a sort of gambling to be honest because its like gambling with the risks it has these days.
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October 26, 2016, 10:05:03 AM
 #1390

You can consider it as gambling I have no doubts about it and I also think it is a sort of gambling to be honest because its like gambling with the risks it has these days.
Trading considered as gambling not just about taking risk on both.
But also things make both similar is when you have to make a guess and prediction on an uncertain outcome / price.
People too quick to make a judgement , it is obviously different if you are really a trader you will feel it and know it.
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October 26, 2016, 10:17:44 AM
 #1391

No I do not consider trading to be the same as gambling. With trading you get something back.
With gambling you are not sure if you get something at all. The risk is much higher with gambling.
I agree that in gambling the risk is far greater than Trading. But in gambling also you can get something back if you play safe games. Don't play slot games just play skill games and do sports betting. In sports betting, we can able to make decent amount if we have enough knowledge on sports. This is also risky, but you can get back something. Try this once.
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October 26, 2016, 11:45:52 AM
 #1392

No I do not consider trading to be the same as gambling. With trading you get something back.
With gambling you are not sure if you get something at all. The risk is much higher with gambling.
I agree that in gambling the risk is far greater than Trading. But in gambling also you can get something back if you play safe games. Don't play slot games just play skill games and do sports betting. In sports betting, we can able to make decent amount if we have enough knowledge on sports. This is also risky, but you can get back something. Try this once.
It cannot be argued as a bunch of us here are losers in gambling which  sometimes we make money in trading. Sometimes I realize, is it possible that we are making money in trading but at the end of the day we are just burning our profit in trading to gambling. It could be possible right?

Because we want to earn more, we think (double or nothing) Grin
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October 26, 2016, 09:55:41 PM
 #1393

Yes...I consider trading a gamble.  Anytime one risks their money on a speculation or on an event that is not certain they are gambling.  They are betting that the value of their investment will increase or decrease when they trade.  It's not that much different from laying a wager on a sports event.
But at least we can calculate the risk in trading compared to gambling that it is more on relying on your luck. No way you will improve your knowledge and skills in gambling, but in trading that is possible for anyone who will study and give time to improve his skills.
This is a mistake we can calculate very precisely what our chances of winning are in a gambling game, in fact I will say that this can be done with a lot more precision than in trading the only problem is that the odds are always against us.

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October 27, 2016, 12:38:19 AM
 #1394

I think there is a lot of gray area when defining gambling. Some games are purely chance and others have some skill involved. I don't think of trading as gambling, but I can see that there is some unknown as to what the outcome will be so it could be in that gray area.

 
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October 27, 2016, 01:18:26 AM
 #1395

I think there is a lot of gray area when defining gambling. Some games are purely chance and others have some skill involved. I don't think of trading as gambling, but I can see that there is some unknown as to what the outcome will be so it could be in that gray area.
In general you cannot consider trading as gambling as there are even course offered when you can study trading online and even in physical school. But gambling there's not such thing like that, gamblers can become professional but that's what only base on how we look ourselves since there's not proper way to determine on how to become professional.

From what I know, gambling is for fun and trading is a serious business by investing in yourself hoping you skills and knowledge will give you money.

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futurebit640
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October 27, 2016, 01:27:12 AM
 #1396

I think there is a lot of gray area when defining gambling. Some games are purely chance and others have some skill involved. I don't think of trading as gambling, but I can see that there is some unknown as to what the outcome will be so it could be in that gray area.

But if you do a day trading then it is almost same a gambling because in day trading most of the people trading just by the assumptions that price will go up based on some news or something else. That kind of trading is almost same as gambling because you're not trading based on any trade basics.
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October 27, 2016, 02:29:19 AM
 #1397

I think there is a lot of gray area when defining gambling. Some games are purely chance and others have some skill involved. I don't think of trading as gambling, but I can see that there is some unknown as to what the outcome will be so it could be in that gray area.

But if you do a day trading then it is almost same a gambling because in day trading most of the people trading just by the assumptions that price will go up based on some news or something else. That kind of trading is almost same as gambling because you're not trading based on any trade basics.
It's not like that, day trading belongs to trading so it is still not the same with gambling. Gambling most of the time relies only on luck while in trading we need to have the skills and knowledge to be able to succeed in our venture of making money, and this is a continuing learning while gambling is not.

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October 27, 2016, 07:02:58 AM
 #1398

I think there is a lot of gray area when defining gambling. Some games are purely chance and others have some skill involved. I don't think of trading as gambling, but I can see that there is some unknown as to what the outcome will be so it could be in that gray area.

But if you do a day trading then it is almost same a gambling because in day trading most of the people trading just by the assumptions that price will go up based on some news or something else. That kind of trading is almost same as gambling because you're not trading based on any trade basics.
It's not like that, day trading belongs to trading so it is still not the same with gambling. Gambling most of the time relies only on luck while in trading we need to have the skills and knowledge to be able to succeed in our venture of making money, and this is a continuing learning while gambling is not.

They are really different  of field   but  the main  question here  is about the risk involve  on  both things. Which is  actually the same though  but   the advantage  on trading  is that you could actually able  to  lessen the risk  with  proper knowledge and skills  on trading  unlike  on doing gambling which  you are actually playing   blindly and  just fully relying  on  your  luck   in able  to win  or get profits.

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October 27, 2016, 08:07:53 AM
 #1399

I think there is a lot of gray area when defining gambling. Some games are purely chance and others have some skill involved. I don't think of trading as gambling, but I can see that there is some unknown as to what the outcome will be so it could be in that gray area.

But if you do a day trading then it is almost same a gambling because in day trading most of the people trading just by the assumptions that price will go up based on some news or something else. That kind of trading is almost same as gambling because you're not trading based on any trade basics.
It's not like that, day trading belongs to trading so it is still not the same with gambling. Gambling most of the time relies only on luck while in trading we need to have the skills and knowledge to be able to succeed in our venture of making money, and this is a continuing learning while gambling is not.

They are really different  of field   but  the main  question here  is about the risk involve  on  both things. Which is  actually the same though  but   the advantage  on trading  is that you could actually able  to  lessen the risk  with  proper knowledge and skills  on trading  unlike  on doing gambling which  you are actually playing   blindly and  just fully relying  on  your  luck   in able  to win  or get profits.
Trading could be a serious profession for everyone if they will pursue on their goal but gambling I doubt. There are people who call themselves as professional gambler but if you will take a look of their record they are still in the losing side. So that would only conclude that trading is not a gambling but a gamble to make money.

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October 27, 2016, 08:38:54 AM
 #1400

I think trading is also part of gambling. But in the midst of the general public trading is not gambling . I never heard my government forbids people to do trading, even a lot of advertising on tv who advise people to trade in their place. So it could be said trading is part of gambling but it could also be said not, depending from what angle we view it.
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