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Author Topic: Can trading be considered as gambling??  (Read 21228 times)
wahb
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February 12, 2017, 08:49:47 PM
 #421

Binary trading looks gambling to me, you are predicting the price at a very short time and it will give you a result. On the other hand, I like trading because you have an ample time to do a research before you can finalize your decision. I tried binary and that does not give me success, so in order to earn, we should look for a better ways where we feel we have a chance to realize it.
I admit binary trading may look like gambling to some, but I think that is if you do the 1 minute trades there are positions that can last as long as a week depending on the instrument you are trading and the platform you use to trade.
Trading is a form of gambling as both involve risk and making money at the end of it and i really do not think how long it takes for binary options take to complete  can disqualify it from being gambling.
i think trading can not be consider as gambling, because gambling depend on your experience and skill. while in gambling we totally depend on luck. but trading can be more worst if we are not playing it in a write way. if we do not have any skill and experience in trading.
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February 12, 2017, 10:07:15 PM
 #422

i think trading can not be consider as gambling, because gambling depend on your experience and skill. while in gambling we totally depend on luck. but trading can be more worst if we are not playing it in a write way. if we do not have any skill and experience in trading.
What kind of experience do you need to gamble.If you have the money and the guts to do so you can very well be a gambler and you do not need any skills or experience for that and you need luck when you are gambling as well as when you are trading as timing is important while entering and exiting a trade and it all depends upon your luck.
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February 13, 2017, 04:05:34 AM
 #423

Yes it is can, trading be considered as gambling if the traders doesn't use analysis technical or fundamental,
it is mean they open order buy or sell depend on their lucky,
they open order buy or sell not depend on condition of market and analysis, they play gambling on trading.
That is make opinions trading is gambling.
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February 13, 2017, 04:16:15 AM
 #424

i think trading can not be consider as gambling, because gambling depend on your experience and skill. while in gambling we totally depend on luck. but trading can be more worst if we are not playing it in a write way. if we do not have any skill and experience in trading.
What kind of experience do you need to gamble.If you have the money and the guts to do so you can very well be a gambler and you do not need any skills or experience for that and you need luck when you are gambling as well as when you are trading as timing is important while entering and exiting a trade and it all depends upon your luck.

the experience is not for all games. there are a certain number of different games that require some experience for the players to be able to even play them. for example if you don't know what poker is you can't open up a site and start playing it. but with dice you can open and click a button and you are gambling.
and that expereince is the only way you can win in those certain number of games. and there is no other way around it.

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February 13, 2017, 04:16:48 AM
 #425

Yes it is can, trading be considered as gambling if the traders doesn't use analysis technical or fundamental,
it is mean they open order buy or sell depend on their lucky,
they open order buy or sell not depend on condition of market and analysis, they play gambling on trading.
That is make opinions trading is gambling.

that's right mate without better information and just relying with luck in terms of trading will results into like playing dice or high and low you are just waiting if what you choose will give you the right results, the best practice for trading is to analyze and observe, see all the edge and allow your self to analyze what would be the possible result in your advantage.

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February 13, 2017, 04:21:20 AM
 #426

Yes it is can, trading be considered as gambling if the traders doesn't use analysis technical or fundamental,
it is mean they open order buy or sell depend on their lucky,
they open order buy or sell not depend on condition of market and analysis, they play gambling on trading.
That is make opinions trading is gambling.
Yeah but the traders who actually don't use analysis are the ones actually lose lot's of money.
Even though if you say those traders who simply buy and sell there are 2 out of 10 people who get lucky and win. Idk if you trade or not but if your trading like this then I think it can be risky for you.
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February 13, 2017, 04:25:26 AM
 #427

Yes it is can, trading be considered as gambling if the traders doesn't use analysis technical or fundamental,
it is mean they open order buy or sell depend on their lucky,
they open order buy or sell not depend on condition of market and analysis, they play gambling on trading.
That is make opinions trading is gambling.
You're right but that move is just useless if you only consider your luck , it is battle of luck to other traders . Trading is a serious play as gambling if you want to earn profits .They have chances if you pick the right Altcoin without knowing that it is a good coin .Gambling will be not to it your luck will depends on your own hands especially computer programmed games.
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February 13, 2017, 04:26:49 AM
 #428

Yes it is can, trading be considered as gambling if the traders doesn't use analysis technical or fundamental,
it is mean they open order buy or sell depend on their lucky,
they open order buy or sell not depend on condition of market and analysis, they play gambling on trading.
That is make opinions trading is gambling.

that's right mate without better information and just relying with luck in terms of trading will results into like playing dice or high and low you are just waiting if what you choose will give you the right results, the best practice for trading is to analyze and observe, see all the edge and allow your self to analyze what would be the possible result in your advantage.
Actually analysis on trading is still not enough, because accurate of analysis is 50:50 and it is mean gambling, must needs other way on trading until can not be considered as gambling,
we must have rules for doing cut lost if our analysis is wrong, because basiccally there are not people who know about future, it will make a little losing money on trading.
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February 13, 2017, 04:27:29 AM
Last edit: February 16, 2017, 04:11:04 AM by wxa7115
 #429

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.
No, trading and gambling share some characteristics, like the possibility of losing your money, but in gambling once you put your bet there is nothing you can do, but in trading you can reduce your losses, or accept some losses with the hope the markets changes direction and put you into the profit zone.
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February 13, 2017, 05:11:01 AM
 #430

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.
No, trading and gambling share some characteristics, like the possibility of losing your money, but in gambling once you pout your bet there is nothing you can do, but in trading you can reduce your losses, or accept some losses with the hope the markets changes direction and put you into the profit zone.

Trading is more easier than gambling if your seek for a source of income. Gambling is only good if you are an expert and you have played a game and able to prove that you can make a living with gambling. This two should be different, trading is not fun but it can give you good income if you do your job educating yourself, while gambling even how much time and effort your spent searching for the technique, it does not guarantee a success.

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February 13, 2017, 06:59:19 AM
 #431

no, Trading job is different from gambling, for trading, we need to analyze the market a scientific way, what we need to do is find out information, then apply our minds to accurate value judgments. It's a job that requires high skills, it does not depend on your luck, so trading is not gambling, you are a trader, not a gambling man. Be confident about that, your job is done proud.
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February 13, 2017, 10:55:03 AM
 #432

no, Trading job is different from gambling, for trading, we need to analyze the market a scientific way, what we need to do is find out information, then apply our minds to accurate value judgments. It's a job that requires high skills, it does not depend on your luck, so trading is not gambling, you are a trader, not a gambling man. Be confident about that, your job is done proud.


there is no scientific way to analize the market what they calls TA is bullshit it doesn't work for everyone and it work some times, those who created TA are deceiving noobs in thinking that there is actually a way to predict the market and make always a +ev choice, what they don't say is that they are actually part of the market itself, thet are the one that manipulate the market and therefore can make the market move where they want

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February 13, 2017, 11:17:20 AM
 #433

no, Trading job is different from gambling, for trading, we need to analyze the market a scientific way, what we need to do is find out information, then apply our minds to accurate value judgments. It's a job that requires high skills, it does not depend on your luck, so trading is not gambling, you are a trader, not a gambling man. Be confident about that, your job is done proud.


there is no scientific way to analize the market what they calls TA is bullshit it doesn't work for everyone and it work some times, those who created TA are deceiving noobs in thinking that there is actually a way to predict the market and make always a +ev choice, what they don't say is that they are actually part of the market itself, thet are the one that manipulate the market and therefore can make the market move where they want
Most of the time mate those we called whales are the ones who make the market moves and without any idea newbies and weak holders are been slaughters by this people even you are thinking that you already checked the market but things can be change by their actions.

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February 13, 2017, 12:16:04 PM
 #434

no, Trading job is different from gambling, for trading, we need to analyze the market a scientific way, what we need to do is find out information, then apply our minds to accurate value judgments. It's a job that requires high skills, it does not depend on your luck, so trading is not gambling, you are a trader, not a gambling man. Be confident about that, your job is done proud.


there is no scientific way to analize the market what they calls TA is bullshit it doesn't work for everyone and it work some times, those who created TA are deceiving noobs in thinking that there is actually a way to predict the market and make always a +ev choice, what they don't say is that they are actually part of the market itself, thet are the one that manipulate the market and therefore can make the market move where they want
Most of the time mate those we called whales are the ones who make the market moves and without any idea newbies and weak holders are been slaughters by this people even you are thinking that you already checked the market but things can be change by their actions.
That's fine, newbie should learn from their experience and as they go along, they will learn a lot of things. I believe that it is not enough to just have the knowledge but also we have to mature with our experience and use that to be successful in the long run. There are news online which we can read from time to time, pick a relevant news only coming from a reputable publisher and use that to analyze to predict the price movement.

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February 13, 2017, 12:45:26 PM
 #435

no, Trading job is different from gambling, for trading, we need to analyze the market a scientific way, what we need to do is find out information, then apply our minds to accurate value judgments. It's a job that requires high skills, it does not depend on your luck, so trading is not gambling, you are a trader, not a gambling man. Be confident about that, your job is done proud.


there is no scientific way to analize the market what they calls TA is bullshit it doesn't work for everyone and it work some times, those who created TA are deceiving noobs in thinking that there is actually a way to predict the market and make always a +ev choice, what they don't say is that they are actually part of the market itself, thet are the one that manipulate the market and therefore can make the market move where they want

Exactly that's why trading can be considered as gambling. If you are just one person who are trying to make profits with trading not belonging to any team of professionals you can make profit only if you are very lucky. I'm not saying it's impossible to profit from trading, but like in gambling it depends mostly on your luck.
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February 13, 2017, 02:20:21 PM
 #436

no, Trading job is different from gambling, for trading, we need to analyze the market a scientific way, what we need to do is find out information, then apply our minds to accurate value judgments. It's a job that requires high skills, it does not depend on your luck, so trading is not gambling, you are a trader, not a gambling man. Be confident about that, your job is done proud.


there is no scientific way to analize the market what they calls TA is bullshit it doesn't work for everyone and it work some times, those who created TA are deceiving noobs in thinking that there is actually a way to predict the market and make always a +ev choice, what they don't say is that they are actually part of the market itself, thet are the one that manipulate the market and therefore can make the market move where they want

Exactly that's why trading can be considered as gambling. If you are just one person who are trying to make profits with trading not belonging to any team of professionals you can make profit only if you are very lucky. I'm not saying it's impossible to profit from trading, but like in gambling it depends mostly on your luck.

Trading going for longer terms are safer than going with short term trading. Because in short time no one can predict how markets will react but if you choose to invest in good business then surely they will give profits in the longer term. And one should learn basics before going to trading. I made a decent profit from trading but not always.
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February 13, 2017, 02:27:45 PM
 #437

no, Trading job is different from gambling, for trading, we need to analyze the market a scientific way, what we need to do is find out information, then apply our minds to accurate value judgments. It's a job that requires high skills, it does not depend on your luck, so trading is not gambling, you are a trader, not a gambling man. Be confident about that, your job is done proud.


there is no scientific way to analize the market what they calls TA is bullshit it doesn't work for everyone and it work some times, those who created TA are deceiving noobs in thinking that there is actually a way to predict the market and make always a +ev choice, what they don't say is that they are actually part of the market itself, thet are the one that manipulate the market and therefore can make the market move where they want

Exactly that's why trading can be considered as gambling. If you are just one person who are trying to make profits with trading not belonging to any team of professionals you can make profit only if you are very lucky. I'm not saying it's impossible to profit from trading, but like in gambling it depends mostly on your luck.

Trading going for longer terms are safer than going with short term trading. Because in short time no one can predict how markets will react but if you choose to invest in good business then surely they will give profits in the longer term. And one should learn basics before going to trading. I made a decent profit from trading but not always.

I agree, trading is better than gambling. But it is not that easy to do. You need to gain some knowledge about that before doing it. You need to learn how to read the graph, the volume, and the number of traders that are buying and selling. If you know that well you can follow the trend and make profit from trading.
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February 13, 2017, 02:39:48 PM
 #438

i think trading can not be consider as gambling, because gambling depend on your experience and skill. while in gambling we totally depend on luck. but trading can be more worst if we are not playing it in a write way. if we do not have any skill and experience in trading.
What kind of experience do you need to gamble.If you have the money and the guts to do so you can very well be a gambler and you do not need any skills or experience for that and you need luck when you are gambling as well as when you are trading as timing is important while entering and exiting a trade and it all depends upon your luck.
Without skills and experience a person can start gambling and will earn some money if he was lucky but it all will depend on his luck while if he will continue for longer to gamble and will get more experience and will know gradually about the games and will be skillful in gambling then it will not only depend on luck alone but his experience will also play a good role.
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February 14, 2017, 01:55:28 AM
 #439

Binary trading looks gambling to me, you are predicting the price at a very short time and it will give you a result. On the other hand, I like trading because you have an ample time to do a research before you can finalize your decision. I tried binary and that does not give me success, so in order to earn, we should look for a better ways where we feel we have a chance to realize it.
I admit binary trading may look like gambling to some, but I think that is if you do the 1 minute trades there are positions that can last as long as a week depending on the instrument you are trading and the platform you use to trade.
Trading is a form of gambling as both involve risk and making money at the end of it and i really do not think how long it takes for binary options take to complete  can disqualify it from being gambling.
The length of time affects a lots, while it does not change the nature of binary trading, what it happens is with a 1 minute trade there is not much you can do to try to predict where the market is going, so that is more like a coin flip, but if the binary option last longer then you have the possibility of applying technical analysis and give yourself better chances to get it right.
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February 14, 2017, 05:48:58 AM
 #440

i think trading can not be consider as gambling, because gambling depend on your experience and skill. while in gambling we totally depend on luck. but trading can be more worst if we are not playing it in a write way. if we do not have any skill and experience in trading.
What kind of experience do you need to gamble.If you have the money and the guts to do so you can very well be a gambler and you do not need any skills or experience for that and you need luck when you are gambling as well as when you are trading as timing is important while entering and exiting a trade and it all depends upon your luck.
Without skills and experience a person can start gambling and will earn some money if he was lucky but it all will depend on his luck while if he will continue for longer to gamble and will get more experience and will know gradually about the games and will be skillful in gambling then it will not only depend on luck alone but his experience will also play a good role.
The experience maybe not affect major win in gambling. It just makes us more familiar with the technique of playing, it is the experience like in poker, blackjack and sports betting was a little needed but the rest will depend on luck. So gambling is a game that relies entirely on luck, skill and experience needed just a little bit in some games. There are also trade that included gambling such as trade binary options, it's just a guess prices go up / down and in my opinion included into gambling.
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