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Author Topic: Do you consider trading as gambling?  (Read 47281 times)
Oilacris
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August 21, 2017, 03:36:22 PM
 #1981

Well for me trading looks a bit lead to gambling from the level of risk and put the capital. But when viewed on more detail again trading is still different from gambling from the nature of both. Gambling i think just depends on lucky only, but trading isn't just lucky only but must have more skills and knowledge of price movements.

Trading is 100% gambling and it is rather the control measures like "stop loss" and "take profit " that makes trading less risky because gambling can instantly drain your pocket whereas trading can be stopped when it moves out of your preferred range and thereby preventing further losses.
I don't think so. There is a huge difference in trading and gambling. How? Let me explain it.
When you go for gambling you have two things in mind either you win and double or whatever adds to your money you offered for a bet  and Incas case if you lose you lose all your money, there is no chance of a second survival with the same amount of money. Trading on the other hand is quite opposite to that, you don't lose all your money invested at the same time.
Gambling is a one go game with giving you on the spot result while for trading you will have to wait for your investment to give you a result.
Trading would really have the edge anytime regarding on possible profits and talking with lesser capital. Investment compared to entertainment can really be differentiated regarding on the level of risk. Gambling is gambling which do purely rely on luck and Trading goes on opposite way too and it does need knowledge and skills for you to earn for long term which you cant do on gambling.

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August 21, 2017, 11:55:31 PM
 #1982

Well for me trading looks a bit lead to gambling from the level of risk and put the capital. But when viewed on more detail again trading is still different from gambling from the nature of both. Gambling i think just depends on lucky only, but trading isn't just lucky only but must have more skills and knowledge of price movements.

Trading is 100% gambling and it is rather the control measures like "stop loss" and "take profit " that makes trading less risky because gambling can instantly drain your pocket whereas trading can be stopped when it moves out of your preferred range and thereby preventing further losses.
I do not agree with this thinking there is a change of opinion. I like to know things from the narrow shades rather than putting everything in a single baggage. If someone is trying to pursue that gambling and trading have similar characteristics such as profit and loss, I am sorry but it is not acceptable to me.
Both the gambling and trading have the risk to lose but it is very different. Saying they both are the same will be considering a suicide and a murder as a same in which the end result is death but it doesn’t mean that they are the same.
In gambling you don’t have any choice to withdraw the half of your betting amount while in trading you have it.
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August 21, 2017, 11:56:55 PM
 #1983

yeah i can consider trading as gambling once you enter your money or deposit your money in your exchanger account and trade with some altcoins there you can call that a gambling why? because you deposit your money without knowing that you can be 100% sure that it will gain profits.
The thing about Gambling is that you depend solely on luck and whatever you put on the table is surely lost forever. However, Trading is more of a business than Retreat. The other difference between trading and gambling is that in Trading, you have a clear concept about the Market and the Traders' Board where all the deals and the losses are checked and counted. It is for this reason that Traders have more success in recent times than Gamblers. According to recent research, more people are opting for Trading business than Gambling cause the risk is less and the chances of having an estimated sum of money is higher.
Trading has no doubt a lower risk of loss and a high return even if the return is not so high still it will be better than gambling where you will get to opt for some change of strategy and can continue your journey holding the same amount in gambling you are totally dependent on your and no strategies work in it. Trading is something depends on your hard work, dedication and understanding.
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August 22, 2017, 12:00:13 AM
 #1984

Well for me trading looks a bit lead to gambling from the level of risk and put the capital. But when viewed on more detail again trading is still different from gambling from the nature of both. Gambling i think just depends on lucky only, but trading isn't just lucky only but must have more skills and knowledge of price movements.

Trading is 100% gambling and it is rather the control measures like "stop loss" and "take profit " that makes trading less risky because gambling can instantly drain your pocket whereas trading can be stopped when it moves out of your preferred range and thereby preventing further losses.
I don't think so. There is a huge difference in trading and gambling. How? Let me explain it.
When you go for gambling you have two things in mind either you win and double or whatever adds to your money you offered for a bet  and Incas case if you lose you lose all your money, there is no chance of a second survival with the same amount of money. Trading on the other hand is quite opposite to that, you don't lose all your money invested at the same time.
Gambling is a one go game with giving you on the spot result while for trading you will have to wait for your investment to give you a result.
Trading would really have the edge anytime regarding on possible profits and talking with lesser capital. Investment compared to entertainment can really be differentiated regarding on the level of risk. Gambling is gambling which do purely rely on luck and Trading goes on opposite way too and it does need knowledge and skills for you to earn for long term which you cant do on gambling.
I guess in both the cases if it is gambling or trading luck plays its role but in gambling it seems more vital than that in the trading. Both of the individuals are ready to bear risk but the one who is trading is dealing with a calculated risk while the other gambling has no risk calculation and thus depends solely on luck. Skills works more in trading than the gambling.
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August 22, 2017, 11:11:06 AM
 #1985

Well for me trading looks a bit lead to gambling from the level of risk and put the capital. But when viewed on more detail again trading is still different from gambling from the nature of both. Gambling i think just depends on lucky only, but trading isn't just lucky only but must have more skills and knowledge of price movements.

Trading is 100% gambling and it is rather the control measures like "stop loss" and "take profit " that makes trading less risky because gambling can instantly drain your pocket whereas trading can be stopped when it moves out of your preferred range and thereby preventing further losses.
I don't think so. There is a huge difference in trading and gambling. How? Let me explain it.
When you go for gambling you have two things in mind either you win and double or whatever adds to your money you offered for a bet  and Incas case if you lose you lose all your money, there is no chance of a second survival with the same amount of money. Trading on the other hand is quite opposite to that, you don't lose all your money invested at the same time.
Gambling is a one go game with giving you on the spot result while for trading you will have to wait for your investment to give you a result.
Trading would really have the edge anytime regarding on possible profits and talking with lesser capital. Investment compared to entertainment can really be differentiated regarding on the level of risk. Gambling is gambling which do purely rely on luck and Trading goes on opposite way too and it does need knowledge and skills for you to earn for long term which you cant do on gambling.
I guess in both the cases if it is gambling or trading luck plays its role but in gambling it seems more vital than that in the trading. Both of the individuals are ready to bear risk but the one who is trading is dealing with a calculated risk while the other gambling has no risk calculation and thus depends solely on luck. Skills works more in trading than the gambling.
Luck would really be vital on playing gambling, Trading might need some luck for sometime but not all the times as long you do know how to calculate or make analysis on each trade on which on this thing trading do really have the edge since you can make studies and plans while you are planning to put orders and also trading and gambling is on different field i believe.

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August 22, 2017, 11:23:01 AM
 #1986

No. Of course, there are risks in trade, but for successful profit making, you need to spend a lot of time getting knowledge and analysis. There are many traders who successfully make a profit unlike gambling.

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August 22, 2017, 02:04:46 PM
 #1987

No. Of course, there are risks in trade, but for successful profit making, you need to spend a lot of time getting knowledge and analysis. There are many traders who successfully make a profit, unlike gambling.
Trading will kill more time, but it is profitable in the long term if we learn in depth in trading. Spending the time to learn to trade is not a waste of time it is more useful and worth. But the same spending time in gambling is just time pass there is no use from this gambling except you will get some relaxation from your stress and will get fun. But sometimes both need luck to make money this is common in both trading and gambling.
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August 22, 2017, 04:39:41 PM
 #1988

yeah i can consider trading as gambling once you enter your money or deposit your money in your exchanger account and trade with some altcoins there you can call that a gambling why? because you deposit your money without knowing that you can be 100% sure that it will gain profits.
Trading can not be called a gambling. Because trading can be done with the strategy and also analysis for the benefit, in contrast to gambling is entirely by utilizing luck. Trading does not always require luck, the most important is an appropriate analysis.
If trading was gambling, we would have called it gambling, not trading. Trading involves less risk and the situations are always under control if the person is a good trader. Anyone with sharp analytical skills and patience can earn huge profits in trading however gambling is pure luck.
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August 22, 2017, 04:51:10 PM
 #1989

Nope i even not consider that  gambling is jist liked a trading. Because gambling is gambling, percantage of win is always 50/50 and we can't changed it because it is functionally programed. Just thinking that i even not consider gambling as a trading because trading have many sides that need to learn.

beside that, gambling have many games that we can play but trading need some skills to analyze and choose the coins. although the chance for trading and gambling is almost the same, but I don't think that trading as gambling. but I am prefer with trading than gambling because I think with trading I can make profit although its small.
skills in gambling actually won't give you any guarantee to have a bigger chance to win. but at least it always gives you a confidence that leading to a winning. i sometimes consider trading as gambling whenever you are in doubt to start place a buy and sell position. that time you are trading but with a little bit random guessing due that unsure/doubts.

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August 22, 2017, 04:59:56 PM
 #1990

There is an overlap between them because luck, logic, studies and strategies exist in gambling as much in training, but the second is more about knowledge and science than a kind of luck that's why beginners never win in training while in gambling beginners and lucky are always winners !

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August 22, 2017, 05:30:23 PM
 #1991

There is an overlap between them because luck, logic, studies and strategies exist in gambling as much in training, but the second is more about knowledge and science than a kind of luck that's why beginners never win in training while in gambling beginners and lucky are always winners !

 You are pretty much in delusion. To tell you the truth, about 50% trader rely on luck as well, most are speculators that only trade based on rumours without actually know which direction it is going to be. It is pretty much the same as gambling which totally rely on luck atleast for some people
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August 22, 2017, 05:39:27 PM
 #1992

yeah i can consider trading as gambling once you enter your money or deposit your money in your exchanger account and trade with some altcoins there you can call that a gambling why? because you deposit your money without knowing that you can be 100% sure that it will gain profits.
Trading can not be called a gambling. Because trading can be done with the strategy and also analysis for the benefit, in contrast to gambling is entirely by utilizing luck. Trading does not always require luck, the most important is an appropriate analysis.
If trading was gambling, we would have called it gambling, not trading. Trading involves less risk and the situations are always under control if the person is a good trader. Anyone with sharp analytical skills and patience can earn huge profits in trading however gambling is pure luck.
- Yes, trading and gambling have many similarities but the purpose is very different. When we talk about gambling, most of us would say we depend on luck and the purpose of gambling is entertainment, wrong if someone thinks gambling is to make money. And when we talk about trading, we all know the purpose of trading is to make money and make money, luck is only a part, skills, experience and ability to analyze are all in trading


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August 22, 2017, 05:40:43 PM
 #1993

If talking about schemes in gambling,
You should have more than one gambling scheme
In every game that begins must have some randomly-executed scheme.
This may help you benefit from the system created by the gambling house.
If you think this is still bad.
It seems you should start learning in trading, because this is not much different from gambling

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August 22, 2017, 05:51:04 PM
 #1994

yeah i can consider trading as gambling once you enter your money or deposit your money in your exchanger account and trade with some altcoins there you can call that a gambling why? because you deposit your money without knowing that you can be 100% sure that it will gain profits.

Trading as gambling not only enough because of deposit money.
Actually, people think that trading is same like gambling because of risk.
But you are right, the way of doing both of them is just like same, we deposit our money and exchange account and trade with altcoin and try to make profit than in gambling we play different type of games and try to win and make profit.
I do not consider trading as gambling. No doubt both are methods to earn more money with the present amount. Trading is done on the base of analysis and skills whereas gambling is more about luck. Trading involves less risk and if the price of a certain asset decreases, you just need to be patient.
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August 22, 2017, 05:59:22 PM
 #1995

No. Of course, there are risks in trade, but for successful profit making, you need to spend a lot of time getting knowledge and analysis. There are many traders who successfully make a profit, unlike gambling.
Trading will kill more time, but it is profitable in the long term if we learn in depth in trading. Spending the time to learn to trade is not a waste of time it is more useful and worth. But the same spending time in gambling is just time pass there is no use from this gambling except you will get some relaxation from your stress and will get fun. But sometimes both need luck to make money this is common in both trading and gambling.

Indeed spending time to learn how to trade you can improve your skills in that filed. With gambling the more time you spend the worse your situation become, because you might think you invented a winning strategy but in reality it will be just another "strategy" which will let you down at some point and you will lose all you have.

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August 23, 2017, 05:30:03 AM
 #1996

No. Of course, there are risks in trade, but for successful profit making, you need to spend a lot of time getting knowledge and analysis. There are many traders who successfully make a profit, unlike gambling.
Trading will kill more time, but it is profitable in the long term if we learn in depth in trading. Spending the time to learn to trade is not a waste of time it is more useful and worth. But the same spending time in gambling is just time pass there is no use from this gambling except you will get some relaxation from your stress and will get fun. But sometimes both need luck to make money this is common in both trading and gambling.

Indeed spending time to learn how to trade you can improve your skills in that filed. With gambling the more time you spend the worse your situation become, because you might think you invented a winning strategy but in reality it will be just another "strategy" which will let you down at some point and you will lose all you have.
Gambling does not need more time to make your skills develop because you can do that in just a short period of time if you are really good.
Trading is different, it's a real market and you are not playing against a site, you are playing on the real market movement and no housed edge on that matter so you have a better chance to be profitable. You can easily develop your skills as there with experience, you can read a lot of vital information shared from masters in trading and the more you keep yourself knowledgeable, you have a big chance to improve.

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August 23, 2017, 05:42:05 AM
 #1997

No. Of course, there are risks in trade, but for successful profit making, you need to spend a lot of time getting knowledge and analysis. There are many traders who successfully make a profit, unlike gambling.
Trading will kill more time, but it is profitable in the long term if we learn in depth in trading. Spending the time to learn to trade is not a waste of time it is more useful and worth. But the same spending time in gambling is just time pass there is no use from this gambling except you will get some relaxation from your stress and will get fun. But sometimes both need luck to make money this is common in both trading and gambling.

Indeed spending time to learn how to trade you can improve your skills in that filed. With gambling the more time you spend the worse your situation become, because you might think you invented a winning strategy but in reality it will be just another "strategy" which will let you down at some point and you will lose all you have.
Gambling does not need more time to make your skills develop because you can do that in just a short period of time if you are really good.
Trading is different, it's a real market and you are not playing against a site, you are playing on the real market movement and no housed edge on that matter so you have a better chance to be profitable. You can easily develop your skills as there with experience, you can read a lot of vital information shared from masters in trading and the more you keep yourself knowledgeable, you have a big chance to improve.

It needs alot of information and trading is to make money. Alot of trader has get profit from trading but only a small amount of people have get profit from gambling. We cant have fun in trading however so there are some point that trading doesnt have compare to gambling but it depends on what you are seeking for
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August 23, 2017, 01:43:28 PM
 #1998

No. Of course, there are risks in trade, but for successful profit making, you need to spend a lot of time getting knowledge and analysis. There are many traders who successfully make a profit, unlike gambling.
Trading will kill more time, but it is profitable in the long term if we learn in depth in trading. Spending the time to learn to trade is not a waste of time it is more useful and worth. But the same spending time in gambling is just time pass there is no use from this gambling except you will get some relaxation from your stress and will get fun. But sometimes both need luck to make money this is common in both trading and gambling.

Indeed spending time to learn how to trade you can improve your skills in that filed. With gambling the more time you spend the worse your situation become, because you might think you invented a winning strategy but in reality it will be just another "strategy" which will let you down at some point and you will lose all you have.
Gambling does not need more time to make your skills develop because you can do that in just a short period of time if you are really good.
Trading is different, it's a real market and you are not playing against a site, you are playing on the real market movement and no housed edge on that matter so you have a better chance to be profitable. You can easily develop your skills as there with experience, you can read a lot of vital information shared from masters in trading and the more you keep yourself knowledgeable, you have a big chance to improve.

Although I don't think that house edge has a big impact on our chances to win, I agree with you in general. Experience matters big time in trading, while in gambling it can be to your disadvantage. Sometimes I think trading is very much like gambling but in fact there are differences which were mentioned in this thread.

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August 23, 2017, 02:35:05 PM
 #1999

No. Of course, there are risks in trade, but for successful profit making, you need to spend a lot of time getting knowledge and analysis. There are many traders who successfully make a profit, unlike gambling.
Trading will kill more time, but it is profitable in the long term if we learn in depth in trading. Spending the time to learn to trade is not a waste of time it is more useful and worth. But the same spending time in gambling is just time pass there is no use from this gambling except you will get some relaxation from your stress and will get fun. But sometimes both need luck to make money this is common in both trading and gambling.

Indeed spending time to learn how to trade you can improve your skills in that filed. With gambling the more time you spend the worse your situation become, because you might think you invented a winning strategy but in reality it will be just another "strategy" which will let you down at some point and you will lose all you have.
Gambling does not need more time to make your skills develop because you can do that in just a short period of time if you are really good.
Trading is different, it's a real market and you are not playing against a site, you are playing on the real market movement and no housed edge on that matter so you have a better chance to be profitable. You can easily develop your skills as there with experience, you can read a lot of vital information shared from masters in trading and the more you keep yourself knowledgeable, you have a big chance to improve.

Although I don't think that house edge has a big impact on our chances to win, I agree with you in general. Experience matters big time in trading, while in gambling it can be to your disadvantage. Sometimes I think trading is very much like gambling but in fact there are differences which were mentioned in this thread.
For you house edge wont give an impact but for some they do really believe that this is the one what makes them lose on playing gambling.We do see small percentage on edge but it does really affect on our winning rate.Trading would really be like gambling if you dont know on what you are doing because you will just likely throwing your money on the air and just let others earn while you are losing.

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August 24, 2017, 09:09:32 AM
 #2000

No. Of course, there are risks in trade, but for successful profit making, you need to spend a lot of time getting knowledge and analysis. There are many traders who successfully make a profit, unlike gambling.
Trading will kill more time, but it is profitable in the long term if we learn in depth in trading. Spending the time to learn to trade is not a waste of time it is more useful and worth. But the same spending time in gambling is just time pass there is no use from this gambling except you will get some relaxation from your stress and will get fun. But sometimes both need luck to make money this is common in both trading and gambling.

Indeed spending time to learn how to trade you can improve your skills in that filed. With gambling the more time you spend the worse your situation become, because you might think you invented a winning strategy but in reality it will be just another "strategy" which will let you down at some point and you will lose all you have.
Gambling does not need more time to make your skills develop because you can do that in just a short period of time if you are really good.
Trading is different, it's a real market and you are not playing against a site, you are playing on the real market movement and no housed edge on that matter so you have a better chance to be profitable. You can easily develop your skills as there with experience, you can read a lot of vital information shared from masters in trading and the more you keep yourself knowledgeable, you have a big chance to improve.

Although I don't think that house edge has a big impact on our chances to win, I agree with you in general. Experience matters big time in trading, while in gambling it can be to your disadvantage. Sometimes I think trading is very much like gambling but in fact there are differences which were mentioned in this thread.
For you house edge wont give an impact but for some they do really believe that this is the one what makes them lose on playing gambling.We do see small percentage on edge but it does really affect on our winning rate.Trading would really be like gambling if you dont know on what you are doing because you will just likely throwing your money on the air and just let others earn while you are losing.

What I meant is that the house edge is not the crucial factor. If I play dice, for example, and I bet 0.00001 BTC with 0.01% win chance theoretically I should get [my bet]X10,000 in case of winning, but if the site I'm playing on has 1% house edge I get [my bet]X9,900 or 0.099 BTC. It is still a great win so why should I care about being 0.001 short, right? On the other hand if I was so unlucky that I was betting 10,000 times and never hit that 99.99 or 0.00 even if the house edge was zero I'd still lost all my money.

That's why I think that the house edge is not that thing that distinguishes gambling from trading. Definitely, it has its impact on the outcome, but the impact is overestimated.

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