Can trading be considered as gambling??

[South Park]

Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.

Talking about the risk, it depends on the traders. For some people with less knowledge about trading then it has high risk as well. Trading can be considered as gambling or not, people have their own opinion. Some may say it is the same as gambling because prediction is involved like sports betting but some others may say trading is not gambling because it is not 100% based on luck.

The problem with many of the newbie traders is they do not even take the time to read a book about trading, they just trade by instinct, one of the first things taught to you in any book is to learn how to reduce your risk, so even if you learned nothing more than that in the book you will be able to become a better trader by reducing your risk.

[Fireblade]

Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.

Talking about the risk, it depends on the traders. For some people with less knowledge about trading then it has high risk as well. Trading can be considered as gambling or not, people have their own opinion. Some may say it is the same as gambling because prediction is involved like sports betting but some others may say trading is not gambling because it is not 100% based on luck.

The problem with many of the newbie traders is they do not even take the time to read a book about trading, they just trade by instinct, one of the first things taught to you in any book is to learn how to reduce your risk, so even if you learned nothing more than that in the book you will be able to become a better trader by reducing your risk.

In fact trading is not such an easy job it require a lot fo experience and skill. and one can get the experience through practice and spending time. so it is too much important to spend a good time in trading and then we can expect to make some money from trading. Otherwise trfading is more risky even than gambling, where we completly depending on our luck.

[Oceat]

Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.

Talking about the risk, it depends on the traders. For some people with less knowledge about trading then it has high risk as well. Trading can be considered as gambling or not, people have their own opinion. Some may say it is the same as gambling because prediction is involved like sports betting but some others may say trading is not gambling because it is not 100% based on luck.

The problem with many of the newbie traders is they do not even take the time to read a book about trading, they just trade by instinct, one of the first things taught to you in any book is to learn how to reduce your risk, so even if you learned nothing more than that in the book you will be able to become a better trader by reducing your risk.

In fact trading is not such an easy job it require a lot fo experience and skill. and one can get the experience through practice and spending time. so it is too much important to spend a good time in trading and then we can expect to make some money from trading. Otherwise trfading is more risky even than gambling, where we completly depending on our luck.

What risk did the book taught us? If you really want to learn something just take the risk to invest your time and effort on reading and trading. By the time you are able to surpass this, your effort and hard work will pays off. Sometimes you just need to control your emotion on everyday life because one you are patient enough to wait, you can handle every stress and pressure that's coming for you.

[biskitop]

could be, trading also bet to get profit. people who are trading should dare to make the right decision to risk their money, to buy and then be sold in the hope of making a profit.

[aldrian09]

could be, trading also bet to get profit. people who are trading should dare to make the right decision to risk their money, to buy and then be sold in the hope of making a profit.

I think if we risk something its still consider as gambling but different kind of gambling though, so yeah you are correct trading is somehow a gambling but a good way of gambling our money.

[tbterryboy]

as far as i am concerned, trading is not gambling . It is true that the risks and the possibilities of winning are similar, that you might get rich if everything goes okay as you can in one second lose everything , but trading is a job , it doesn’t depend on just luck and you have to work hard for it. the difference between trading and gambling is both the amount of effort and investment put into trading.

Risk and possibilities on trading and gambling isnt really similar at all but they are both ways on earning money but the risk level factor isnt really the same.Trading would only be just considered as gambling if you dont have knowledge on doing it and yes gambling would really rely on luck which on trading it doesnt since skills would really matter on this one.

Gambling cannot be learnt while trading can be and risk is involved in every profession or game. Both are poles apart in their nature. Indeed both involve risk and depend upon future predictions but a trading expert can beat his difficulties by communication or rather persuading skills.

This is what trading is all about, buy stuff in low price, sell in high while gambling is putting  money on the machine or some other player.

[gwapsz]

as far as i am concerned, trading is not gambling . It is true that the risks and the possibilities of winning are similar, that you might get rich if everything goes okay as you can in one second lose everything , but trading is a job , it doesn’t depend on just luck and you have to work hard for it. the difference between trading and gambling is both the amount of effort and investment put into trading.

Risk and possibilities on trading and gambling isnt really similar at all but they are both ways on earning money but the risk level factor isnt really the same.Trading would only be just considered as gambling if you dont have knowledge on doing it and yes gambling would really rely on luck which on trading it doesnt since skills would really matter on this one.

Gambling cannot be learnt while trading can be and risk is involved in every profession or game. Both are poles apart in their nature. Indeed both involve risk and depend upon future predictions but a trading expert can beat his difficulties by communication or rather persuading skills.

This is what trading is all about, buy stuff in low price, sell in high while gambling is putting  money on the machine or some other player.

Totally agree! In trading there is I guess 98% chance of having a profit, if and only you have an effective strategy and you know the market status. In gambling,  there is no assurance of winning even if you have your strategies because it is just based on pure luck. Although the two has a quite similarities, still, trading can't be considered as gambling.

[mirakal]

could be, trading also bet to get profit. people who are trading should dare to make the right decision to risk their money, to buy and then be sold in the hope of making a profit.

I think if we risk something its still consider as gambling but different kind of gambling though, so yeah you are correct trading is somehow a gambling but a good way of gambling our money.

Trading is a form or risking your money to make more money and that is very similar to gambling, however in trading you can make a good analysis as you play based on the real market movement, you predict based on the news and as long as you will continue to educate yourself you will have more success in predicting, the risk will only be bigger if you are just trading blindly.

[adzino]

could be, trading also bet to get profit. people who are trading should dare to make the right decision to risk their money, to buy and then be sold in the hope of making a profit.

I think if we risk something its still consider as gambling but different kind of gambling though, so yeah you are correct trading is somehow a gambling but a good way of gambling our money.

Not really. Gambling depends totally on luck. There are no statistics or data which can be used to predict your luck in gambling. Everything depends upon pure luck. It's like you either win or lose all. But in trading you can collect statistics and data to predict future price which are accurate or nearly accurate most of the time. You can exit out anything with minimum loss. So risk while trading is more manageable and can be minimized.

[eann014]

I think that trade is not like gambling, because with the acquisition of experience and knowledge it is possible to consistently receive a good income unlike gambling which is based only on luck.

I agree they are different they cannot be considered the same, gambling is only base on luck which we don't know when we will make profit from it, unlike trading we can use our knowledge and analization we can make a good profit from it..

They are different but not completely. Anytime a gambling may become trading and trading is more vulnerable to become similar to gambling. A trader is betting on prices and a sports betting gambler is betting on a football player. If you go for deep consideration you may realize the exact similarities between these two.

I don't agree that they have similarities, we bet in gambling while at the same time we play a game. Trading is not a game, we all know when we enter trading, we wants to gain profit right? And in gambling, we all know that we can win and we can lose, so there is no assurance at all. Trading cannot be gambling.

They might doesn't have similarities, but at some point both has got some coincidence in terms of benefiting the user involved into it. With gambling when the user gets lucky earns in a short even if he doesn't have any idea regarding the game. Same is with trading, when the user is lucky the asset he bought pumps in a very short time profiting high.

You are comparing the two with how lucky we are. That is not the point here. I think this topic asking that trading is considered as gambling because it has both money involves but trading will not be considered as gambling since gambling is not using a lot knowledge while in trading we need to be a lot of knowledge's inside our head so we can achieved what we wanted by the time we want to sell our bitcoin. Gambling is a game and does not need to have a lot of learning’s and knowledge before entering.

[Catswold]

Trading and gambling are the polls apart as gambling is dependent only on luck and trading involves knowledge, skills and strategies but if you are investing in trading blindly without any knowledge and if you are depending only on luck to make profits from trading then there is no difference between trading and gambling.

[South Park]

as far as i am concerned, trading is not gambling . It is true that the risks and the possibilities of winning are similar, that you might get rich if everything goes okay as you can in one second lose everything , but trading is a job , it doesn’t depend on just luck and you have to work hard for it. the difference between trading and gambling is both the amount of effort and investment put into trading.

Risk and possibilities on trading and gambling isnt really similar at all but they are both ways on earning money but the risk level factor isnt really the same.Trading would only be just considered as gambling if you dont have knowledge on doing it and yes gambling would really rely on luck which on trading it doesnt since skills would really matter on this one.

Gambling cannot be learnt while trading can be and risk is involved in every profession or game. Both are poles apart in their nature. Indeed both involve risk and depend upon future predictions but a trading expert can beat his difficulties by communication or rather persuading skills.

This is what trading is all about, buy stuff in low price, sell in high while gambling is putting  money on the machine or some other player.

Totally agree! In trading there is I guess 98% chance of having a profit, if and only you have an effective strategy and you know the market status. In gambling,  there is no assurance of winning even if you have your strategies because it is just based on pure luck. Although the two has a quite similarities, still, trading can't be considered as gambling.

The chances of having profits while trading are not that high, many traders lose money, after all trading is an activity in which if someone one wins money someone needs to lose money and if someone earns a lot of money then that means 10 guys lost money, so your stats are wrong.

[YellowRiver]

could be, trading also bet to get profit. people who are trading should dare to make the right decision to risk their money, to buy and then be sold in the hope of making a profit.

I think if we risk something its still consider as gambling but different kind of gambling though, so yeah you are correct trading is somehow a gambling but a good way of gambling our money.

Not really. Gambling depends totally on luck. There are no statistics or data which can be used to predict your luck in gambling. Everything depends upon pure luck. It's like you either win or lose all. But in trading you can collect statistics and data to predict future price which are accurate or nearly accurate most of the time. You can exit out anything with minimum loss. So risk while trading is more manageable and can be minimized.

Trading is nowhere near to gambling. Indeed both involves risk but that does not make them siblings or relatives in any way. Trading is a decent profession where people use skill and earn money the hard way. It is not only about luck, a man has to work hard and smart. While gambling is just a stupid game that not only wastes time and money but eventually eats up the player. My experience of gambling is a pathetic one so I just don't like it.

[MinerHQ]

Trading and gambling are the polls apart as gambling is dependent only on luck and trading involves knowledge, skills and strategies but if you are investing in trading blindly without any knowledge and if you are depending only on luck to make profits from trading then there is no difference between trading and gambling.

Also if you're into day trading with skills and knowledge it is also considered as almost like a gambling because no experts can predict the prices accurately on a daily basis. So don't go to trading to make a quick buck instead if you can wait for the prices to go up then it is much better option than gambling to make money.

[nethan1btc]

Trading and gambling are the polls apart as gambling is dependent only on luck and trading involves knowledge, skills and strategies but if you are investing in trading blindly without any knowledge and if you are depending only on luck to make profits from trading then there is no difference between trading and gambling.

Also if you're into day trading with skills and knowledge it is also considered as almost like a gambling because no experts can predict the prices accurately on a daily basis. So don't go to trading to make a quick buck instead if you can wait for the prices to go up then it is much better option than gambling to make money.

I agree, Actually in the starting, everyone thinking that it is just like gambling. But i think its difficult to keep our effort to stay normal and we can control our emotion so we dont get stuck in gambling or trading. One thing that trading provides better than gambling is the minimizing of loss. This is not possible with gambling, you need to be lucky to profit else you need to accept the loss.

[Cobalt9317]

It could not be considered as gambling no unlucky guy is going to lose half of his salary in trading if not all, hodling some actions might be really profitable, while on the other hand gambling was unprofitable if you aren't that charismatic.

In any case we could say that trading is the genuine essence what is the important of hodl.

[Botnake]

Trading and gambling are the polls apart as gambling is dependent only on luck and trading involves knowledge, skills and strategies but if you are investing in trading blindly without any knowledge and if you are depending only on luck to make profits from trading then there is no difference between trading and gambling.

Also if you're into day trading with skills and knowledge it is also considered as almost like a gambling because no experts can predict the prices accurately on a daily basis. So don't go to trading to make a quick buck instead if you can wait for the prices to go up then it is much better option than gambling to make money.

I agree, Actually in the starting, everyone thinking that it is just like gambling. But i think its difficult to keep our effort to stay normal and we can control our emotion so we dont get stuck in gambling or trading. One thing that trading provides better than gambling is the minimizing of loss. This is not possible with gambling, you need to be lucky to profit else you need to accept the loss.

In trading you need to be more smart that lucky in order to succeed, it's a journey that you have to make but since there are basis on whatever
you do you will eventually learn and improve your strategy. I'll choose to master how to trade than spend a lot of time in gambling because the I know
the success rate is very low.

[Gotottack]

I want to know what you guys think about this, I have stopped gambling but still trade so does this mean I am still gambling?? I don't trade on basis of luck I trade using my skills would it still be considered gambling??

Please tell me what do you think.

I believe that trading is still gambling as business, in itself, is gambling. So yes, I think you can still be considered into gambling because you gamble using your money through investments on the pretext that you will obtain profit out of it.

I do not think it is accurate to say that gambling does not require skills but only luck. It does. We create our own luck using our skills. Remember you have to be smart when you gamble. So do not equate skills to trading and luck to gambling. It does not follow.

[iyan33]

I think trading with gambling is 2 different activities, because trading certainly requires the ability and skills in the implementation and in need of accuracy in analyzing market prices, while gambling can be done even without the ability and adequate skills and sometimes hope will be a lucky only.though both are equally risking money to make a profit, but trading has an object in trading while gambling only has money in the bet is not in the trade.

[emberbekas]

I think trading with gambling is 2 different activities, because trading certainly requires the ability and skills in the implementation and in need of accuracy in analyzing market prices, while gambling can be done even without the ability and adequate skills and sometimes hope will be a lucky only.though both are equally risking money to make a profit, but trading has an object in trading while gambling only has money in the bet is not in the trade.

Don't forget, even with no such ability people still can do trading as well. Meanwhile, not every traders could make an accurate prediction in regard with the price movement. Such traders, who trading with low knowledge and depend solely on their feeling, can be considered as gambler instead of trader.