Can trading be considered as gambling??

[gabmen]

I do not understand about trading but in my opinion is very different from gambling. because basically gambling is risky and can not use any tricks. different from a trading using calculations subuah

If you are just differentiating trading and gambling with risk maybe you can check it again because they are both risky. But they are totally different on how it goes gambling is a fast game of money where the chances of losing is fast too but in trading you need to use your skills and knowledge upon on how market moves.

The same thing can also be applied with gambling, we can use our skills and to have a knowledge is necessary. But base on the what we have witness as we are gamblers and traders at the same time, we can tell that we loses more in gambling than trading. So that concludes, trading is easier than gambling in terms of chances to be profitable.

Yes that makes trading easier way to get profit because we know that in gambling chances of winning is like 30/70 but in trading you have more chances of getting profit depending on how you are going to apply those skills you got. I prefer to trade for the profit and I prefer to gamble when I just wanted to have some fun it yet both had risk.

That should be our way of thinking, think that gambling is for fun and trading is for serious business to earn money. Both are hard in terms of making money but we know where we can have a bigger chance. Thinking that we are good in gambling and we can get profit more than the traders, then that is something we need to prove first, we should basing on the record and not just on what we feel we can get.

Well we can't really prove that you can earn more money in gambling than trading except if you're one very lucky guy. I think it would be easier if we compare experienced gamblers from experienced traders. By far experienced traders are earning more consistently that experienced gamblers. It's possible that every now and then we may earn more from gambling than trading but if you talk about consistency, it would have to be trading

[Winner]

It all depends on how you trade, if you like trading with a lot of leverage, and just trade on gut feeling only without having ever read a book about it, then yes I'd say you're basically gambling at that point. However if you've got a lot of experience and trade with your own money then it can be a steady source of income so I wouldn't call it gambling.

Hi BigBoom3599,

thanks for the point about the leverage trading scenario. I didn't think about that, good stuff. Leverage trading definitely has a higher risk to reward ratio so it would be considered "Gambling" in a sense.


For those that don't know what leverage trading is:

Leverage trading allows an individual to trade 0.01 Bitcoin (BTC) with a broker while that 0.01 BTC gets counted as if it was 0.10 BTC. So even though the person only entered the trade with 0.01 BTC, that person could lose/win Bitcoins within seconds after entering the trade.

Additional information on leverage trading found in the website link below.

Code:

http://www.forexfactory.com/showthread.php?t=22121

Researching and calculating the spread allows a less chance of failure.

Leverage trading is considered "Trading" so technically that isn't called "Gambling" but you could grasp the idea.

Trading normally is the proper method to make money if you know what you're doing. Remember to be careful because anything could happen and don't use your whole life-savings gambling/trading.

[Mr.grin]

I once read an article that said that trading would be a gambling game, when you do not know how the system works, and if you're just relying on luck. Well, the actual trading is a technique of analysis, you can predict where prices will be achieved on a coin, or the market price. and I think that it is a true statement.

[lusinda]

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 think if you trade on basis of your own skills, analize market, etc. before making decisions than this is not gambling.
Luck is important part of many activities, but that doesn't mean that every enterprinier or trader can be considered as gambler.

[blackhawkeye1912]

i think not, because trading is a kind of business and assets that can be considered here.
while in gambling this is the place where the gambler finding there luck in the games or
some's are just doing just fun and entertainment only because they are elite type of people.

[Caladonian]

I once read an article that said that trading would be a gambling game, when you do not know how the system works, and if you're just relying on luck. Well, the actual trading is a technique of analysis, you can predict where prices will be achieved on a coin, or the market price. and I think that it is a true statement.

that's right every time that you place an entry you should be equipped of knowledge regarding to this business its okay if you are a first timer but if you already done it before you should do more on research about the trade that you will be entering with, the more information you have the more chances of succeeding and earning good profits.

[just_Alice]

Yes, trading is like gambling in many ways. First of, like in gambling no one can actually predict what will happen next. In gambling it's about what number you will roll or what card will appear next. In trading it's about which coin will be pumped today and which will be dumped. Second, like in gambling, the higher the amount of money you risk in trading the higher your profit might be in case your predictions were right ones.

[cryp24x]

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 think if you trade on basis of your own skills, analize market, etc. before making decisions than this is not gambling.
Luck is important part of many activities, but that doesn't mean that every enterprinier or trader can be considered as gambler.

Luck is important part only  to those who failed to do their research, analyze the market and does not have the skill to predict the trend or the market price.  If the trader only relies on luck then he think of trading as gambling, better yet he should just play gambling games and maybe his luck will work more on the Gambling Casinos.

[HaXX0R1337]

Yes, trading is like gambling in many ways. First of, like in gambling no one can actually predict what will happen next. In gambling it's about what number you will roll or what card will appear next. In trading it's about which coin will be pumped today and which will be dumped. Second, like in gambling, the higher the amount of money you risk in trading the higher your profit might be in case your predictions were right ones.

If you think like that then i have to say that any form of investment is like gambling.When it comes to trading you have to consider the fundamentals and the future prospects if you are planning to invest a serious amount of money and that is not the case with gambling as gambling is pure luck and does not have any fundamentals.

[darewaller]

Yes, trading is like gambling in many ways. First of, like in gambling no one can actually predict what will happen next. In gambling it's about what number you will roll or what card will appear next. In trading it's about which coin will be pumped today and which will be dumped. Second, like in gambling, the higher the amount of money you risk in trading the higher your profit might be in case your predictions were right ones.

If you think like that then i have to say that any form of investment is like gambling.When it comes to trading you have to consider the fundamentals and the future prospects if you are planning to invest a serious amount of money and that is not the case with gambling as gambling is pure luck and does not have any fundamentals.

True, when money goes out of our hands then there will be no control/recovery will be possible which are typical characteristics of gambling. So trading or investments are just an improved versions of gambling. But literally we are taking risks and we are gambling our hard earned money.

[stadus]

Yes, trading is like gambling in many ways. First of, like in gambling no one can actually predict what will happen next. In gambling it's about what number you will roll or what card will appear next. In trading it's about which coin will be pumped today and which will be dumped. Second, like in gambling, the higher the amount of money you risk in trading the higher your profit might be in case your predictions were right ones.

If you think like that then i have to say that any form of investment is like gambling.When it comes to trading you have to consider the fundamentals and the future prospects if you are planning to invest a serious amount of money and that is not the case with gambling as gambling is pure luck and does not have any fundamentals.

True, when money goes out of our hands then there will be no control/recovery will be possible which are typical characteristics of gambling. So trading or investments are just an improved versions of gambling. But literally we are taking risks and we are gambling our hard earned money.

If you say an improve version of gambling then it is gambling, I don't think that way. Trading is very different in gambling, in gambling you can have fun because the main purpose why it is created in to entertain gamblers that is why there is a house edge, that characteristics is not present in trading, so no.

[The_prodigy]

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.

FOr me yes it is already considered as gambling as well if we are loosing money even if its lottery nor free tickets it already a gambling where you can waste or win money i don't think to stop gambling coz this is where i get money to help and support my self for financial problems.

[daringdiscovered]

Yes, trading is like gambling in many ways. First of, like in gambling no one can actually predict what will happen next. In gambling it's about what number you will roll or what card will appear next. In trading it's about which coin will be pumped today and which will be dumped. Second, like in gambling, the higher the amount of money you risk in trading the higher your profit might be in case your predictions were right ones.

If you think like that then i have to say that any form of investment is like gambling.When it comes to trading you have to consider the fundamentals and the future prospects if you are planning to invest a serious amount of money and that is not the case with gambling as gambling is pure luck and does not have any fundamentals.

True, when money goes out of our hands then there will be no control/recovery will be possible which are typical characteristics of gambling. So trading or investments are just an improved versions of gambling. But literally we are taking risks and we are gambling our hard earned money.

If you say an improve version of gambling then it is gambling, I don't think that way. Trading is very different in gambling, in gambling you can have fun because the main purpose why it is created in to entertain gamblers that is why there is a house edge, that characteristics is not present in trading, so no.

Trading is meant to earn profit. If someone would treat it as only for fun then that person is really just wasting his money on anything he wants. In trading, luck is very optional to have. What will help you the best is your skills and strategy from it. Unlike in gambling you can only rely on luck for you to win. Whatever the strategy you use it won't work in a long time because the house will immediately notice it.

[dunfida]

Yes, trading is like gambling in many ways. First of, like in gambling no one can actually predict what will happen next. In gambling it's about what number you will roll or what card will appear next. In trading it's about which coin will be pumped today and which will be dumped. Second, like in gambling, the higher the amount of money you risk in trading the higher your profit might be in case your predictions were right ones.

If you think like that then i have to say that any form of investment is like gambling.When it comes to trading you have to consider the fundamentals and the future prospects if you are planning to invest a serious amount of money and that is not the case with gambling as gambling is pure luck and does not have any fundamentals.

True, when money goes out of our hands then there will be no control/recovery will be possible which are typical characteristics of gambling. So trading or investments are just an improved versions of gambling. But literally we are taking risks and we are gambling our hard earned money.

If you say an improve version of gambling then it is gambling, I don't think that way. Trading is very different in gambling, in gambling you can have fun because the main purpose why it is created in to entertain gamblers that is why there is a house edge, that characteristics is not present in trading, so no.

Trading is meant to earn profit. If someone would treat it as only for fun then that person is really just wasting his money on anything he wants. In trading, luck is very optional to have. What will help you the best is your skills and strategy from it. Unlike in gambling you can only rely on luck for you to win. Whatever the strategy you use it won't work in a long time because the house will immediately notice it.

But there are gambling games that do rely also on knowledge and skills like sports betting and also on card games but still it does need luck because its gambling after all and also on trading it does still need luck but necessarily because it depend most on skills and experience you do have.

[crwth]

Yes, trading is like gambling in many ways. First of, like in gambling no one can actually predict what will happen next. In gambling it's about what number you will roll or what card will appear next. In trading it's about which coin will be pumped today and which will be dumped. Second, like in gambling, the higher the amount of money you risk in trading the higher your profit might be in case your predictions were right ones.

If you think like that then i have to say that any form of investment is like gambling.When it comes to trading you have to consider the fundamentals and the future prospects if you are planning to invest a serious amount of money and that is not the case with gambling as gambling is pure luck and does not have any fundamentals.

True, when money goes out of our hands then there will be no control/recovery will be possible which are typical characteristics of gambling. So trading or investments are just an improved versions of gambling. But literally we are taking risks and we are gambling our hard earned money.

If you say an improve version of gambling then it is gambling, I don't think that way. Trading is very different in gambling, in gambling you can have fun because the main purpose why it is created in to entertain gamblers that is why there is a house edge, that characteristics is not present in trading, so no.

Trading is meant to earn profit. If someone would treat it as only for fun then that person is really just wasting his money on anything he wants. In trading, luck is very optional to have. What will help you the best is your skills and strategy from it. Unlike in gambling you can only rely on luck for you to win. Whatever the strategy you use it won't work in a long time because the house will immediately notice it.

But there are gambling games that do rely also on knowledge and skills like sports betting and also on card games but still it does need luck because its gambling after all and also on trading it does still need luck but necessarily because it depend most on skills and experience you do have.

It's not all the time that you only depend on you luck. You also depend on yourself and knowledge or research on the best strategy that you can have. There are a lot of ways you can really win in gambling, you just have to apply it or make one. Trading on the other hand requires patience and foresight in order to know what you should do, whether sell it or buy. There's always that case.

[Superways]

I once read an article that said that trading would be a gambling game, when you do not know how the system works, and if you're just relying on luck. Well, the actual trading is a technique of analysis, you can predict where prices will be achieved on a coin, or the market price. and I think that it is a true statement.

Yes for those who do not know well about the strategies and do not have knowledge may involve in the same way as if they are gambling. But sometime I think that they may also win some profit but not sure that anyone will win any amount in gambling. As in gambling you will totally rely on the will of the software that what it decide for the future of your invested money in gambling.

[--DarkSecrets--]

I once read an article that said that trading would be a gambling game, when you do not know how the system works, and if you're just relying on luck. Well, the actual trading is a technique of analysis, you can predict where prices will be achieved on a coin, or the market price. and I think that it is a true statement.

Yes for those who do not know well about the strategies and do not have knowledge may involve in the same way as if they are gambling. But sometime I think that they may also win some profit but not sure that anyone will win any amount in gambling. As in gambling you will totally rely on the will of the software that what it decide for the future of your invested money in gambling.

Correction Mate Superways ,it's not software it is programmed by the gambling house which is being monitored for malfunction or any suspicious gambling of the gamblers.Anyway more than not knowing to play gambling is not too hard for that unlike trading that needs a basic knowledge about to start as soon as you learn you can make advatage to win big profit if you can follow the price and play on it.

[blockman]

i think not, because trading is a kind of business and assets that can be considered here.
while in gambling this is the place where the gambler finding there luck in the games or
some's are just doing just fun and entertainment only because they are elite type of people.

There are different and trading is somehow considered as a job and gambling isn't. It's easy to distinguish their similarities and differences. But if you are a trader probably you are also into gambling when you are kind of bored with your trades, you are doing something for it. There are some consider trading as gambling and vice versa.

[EdenHazard]

I once read an article that said that trading would be a gambling game, when you do not know how the system works, and if you're just relying on luck. Well, the actual trading is a technique of analysis, you can predict where prices will be achieved on a coin, or the market price. and I think that it is a true statement.

i guess there is too much similarities between both trading and gambling then people consider each are the same thing. what makes me interesting are there few people only says "can gamble considered as trading?" .

if you think with that way you will find the actual answer.

[hulla]

They can be sort of considered the same cause they are both business or investment which you hope for something good in return and take a risky step. What I love about gambling is that you know your fate in time. While trading may take days or months before you know your fate.