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Author Topic: How is trading *not* gambling?  (Read 23390 times)
richardsNY
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March 14, 2017, 06:53:00 PM
 #201

certainly there is a big difference between gambling with trades. I think a trade is a job that requires 80% accurate analysis, so we need a high precision. while gambling is a game that relies on luck, for me 80% of luck is needed to win a gambling game. concluded the gambling and trading are different things.

I can agree with your skill/luck percentage when it comes to trading, but not per se with how you see gambling. It highly depend on what game you are playing. In some cases like poker it's also the understanding of the game that gains you an advantage, but in general gambling is just gambling. Slots, dice, roulette, etc. These are games that require you to have the full 100% of luck -- zero skills are involved here.
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March 14, 2017, 10:59:56 PM
 #202

How different is trading from just gambling? I know there seems to be a  big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?

I think this will really be depend on the understanding of individuals, even we emphasize several times here that trading is different in gambling others may not understand it so well, but their differences are very simple only,  trading is a kind of assets or investment which you need to analyze and to minimize the risk involved in it. while gambling is just a form of amusement type only.
And in gambling is just lucky factor that is able to make us to gain a profit,
Not need for lessons to become a professional gambler. That's very different with trading.
Yes trading is very different in gambling because gambling is all about random and luck while trading is can be learn by someone and take advantage of his knowledge while gambling is all about just go with the flow and trusting for his luck. In scaling which gives more profit there is not doubt that trading gives profit because you can easily get profit since there are basis in making trades or decision while in gambling doesn't have.
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March 14, 2017, 11:09:10 PM
 #203

certainly there is a big difference between gambling with trades. I think a trade is a job that requires 80% accurate analysis, so we need a high precision. while gambling is a game that relies on luck, for me 80% of luck is needed to win a gambling game. concluded the gambling and trading are different things.
yes that is very right to say that trading is almost different from gambling. i think trading is most difficult job, because if a person want to make money from trading then he need to get good experience in trading. while in gambling we do not need for any kind of experience and skill.
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March 15, 2017, 03:45:59 AM
 #204

How different is trading from just gambling? I know there seems to be a  big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?

I think this will really be depend on the understanding of individuals, even we emphasize several times here that trading is different in gambling others may not understand it so well, but their differences are very simple only,  trading is a kind of assets or investment which you need to analyze and to minimize the risk involved in it. while gambling is just a form of amusement type only.
And in gambling is just lucky factor that is able to make us to gain a profit,
Not need for lessons to become a professional gambler. That's very different with trading.
Yes trading is very different in gambling because gambling is all about random and luck while trading is can be learn by someone and take advantage of his knowledge while gambling is all about just go with the flow and trusting for his luck. In scaling which gives more profit there is not doubt that trading gives profit because you can easily get profit since there are basis in making trades or decision while in gambling doesn't have.
Well, with gambling no person who gained wealth. That there are in fact bankrupt in our real business.
Whereas with trading, many people who become rich by trading.
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March 15, 2017, 03:57:25 AM
 #205

certainly there is a big difference between gambling with trades. I think a trade is a job that requires 80% accurate analysis, so we need a high precision. while gambling is a game that relies on luck, for me 80% of luck is needed to win a gambling game. concluded the gambling and trading are different things.

Very true. Gambling and trading have very different things, although they are basically have similar systems. But please be aware that gambling can make someone addicted and make them can't do something good when their thoughts have been very obvious addiction, only a loss they can get. In contrast to trading, whatever they do will not create addiction and most of the people doing the trading correct will get good results
 
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March 15, 2017, 04:07:10 AM
 #206

Trading we can consider as gambling, you gamble your funds or take a risks in trading in any investment. Gambling its like you want to entertain a couple of time, minutes, everyday or day by day. However, trading and gambling is risks wether you may win or loose at all.
no we cannot consider trading as gambling. there is a big difference between the two. in gambling we do not need for any experience and skill. while in trading you need to be a good trader and you can only be a good trader if you do not have any experience and skill in trading.

Experience is required in both gambling as well as in trading to be successful. You need experience in poker to have better chances to win. Same cannot be said in roulette as it is more of a luck oriented game. Another point is that in trading you can contain your losses by having stop-loss. It is very hard to do the same in gambling.
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March 15, 2017, 04:37:51 AM
 #207

Trading and gambling has a big difference. Trading is required skills and knowledge to begin with for you to earn profit. While gambling you play to entertain with luck for you to earn or win the game. Its hard to play on gambling because it gives an addiction to a user, and its hard to win because you might win or lose.
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March 15, 2017, 04:42:00 AM
 #208

This discussed many times ,but still it is unclear for those who don't understand the matter of difference in between of this two.
Trading is not gambling because at first it is not intended for us to play just to earn it need a big knowledge ,experience and skills in the future to which can make us profit .
In Gambling is a form of entertainment that will allow us to have fun and some profit if we lose so its a matter of betting and playing games . If we size all of the difference we will be lacking out of time just to make things clear and it is impossible for you if you don't accept and experience what we are trying to say.


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marketone
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March 15, 2017, 05:11:26 AM
 #209

I don't know why people are comparing both trading and gambling. Many people have already these questions many times, to be clear Op should understand trading is always profitable when compared to gambling. Because in trading we have multiple chances where we can make profits with the little investment, whereas gambling is completely risk when compared to trading and chances of winning the game is unpredictable.
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March 15, 2017, 11:32:12 AM
 #210

Trading is not gambling because gambling is a game for entertainment and trading is business and investment..
Trading is a good choice to invest and it needs to study in order to make a good profit.. that is why people are losing in trading because they are deciding a wrong decision.. investing in altcoin is very risky.. much better to trade with bitcoin every time the price is increase set your own margin..
try this site for analysis https://bitcoinwisdom.com/markets/bitstamp/btcusd
If you can see the right side you can see wall for buy and sell.. and the movement of trading is fast. not a movement of fluctuate..
much better to stay in bitcoin the more you invest the more you can make a good profit..

Hey sir i may be a newbie but i already tried little of trading and been focusing on alts,I just want to ask or to know why is that alt coins are more risky than trading BTC?well i just  want to clarify because most of the people suggesting or endorsing to me is that trade alts and i've already heard that its risky but i cant figure out why is it more risky than trading bitcoin?


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March 15, 2017, 02:56:32 PM
 #211

Trading is not gambling because gambling is a game for entertainment and trading is business and investment..
Trading is a good choice to invest and it needs to study in order to make a good profit.. that is why people are losing in trading because they are deciding a wrong decision.. investing in altcoin is very risky.. much better to trade with bitcoin every time the price is increase set your own margin..
try this site for analysis https://bitcoinwisdom.com/markets/bitstamp/btcusd
If you can see the right side you can see wall for buy and sell.. and the movement of trading is fast. not a movement of fluctuate..
much better to stay in bitcoin the more you invest the more you can make a good profit..

Hey sir i may be a newbie but i already tried little of trading and been focusing on alts,I just want to ask or to know why is that alt coins are more risky than trading BTC?well i just  want to clarify because most of the people suggesting or endorsing to me is that trade alts and i've already heard that its risky but i cant figure out why is it more risky than trading bitcoin?

Because bitcoin has a much more solid foundation than all the other altcoins. You can't do long term trading with most altcoin at all because the coin was made for the sole purpose of the developers making money and for the early investors to dump the coin right away. Most altcoin campaigns also offer bounty in here and all of the participants choose to dump the coin right when they got it.

Bitcoins, on the other hand, a lot of people are here for the long term. Even if some whale dumps his coins, it's alright because there are people that are willing to buy more bitcoins when the price goes down a little. It's like they are catching the coin whenever it goes down so it goes back up in a short period of time.

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March 15, 2017, 03:42:56 PM
 #212

How different is trading from just gambling? I know there seems to be a  big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?
Gambling is betting.Its depends 100% on the luck and there is no space for talent.Its not encouragable as most of those who gamble end in a loss.
             Trading is that you invest in a share or a coin and start trading.Here,success depends on the decision you take based on various analysis.When you see your share or coin is going towards a loss, immediately you could take decision to sell it and reinvest in any other asset.Its also a little bit risky,but not like gambling.

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March 15, 2017, 04:50:33 PM
 #213

To a pro-trader who has mastered everything about trading with information, or statistics as well as timing will agree 100% that there is a huge difference between trading and gambling but not for someone like me who go into trading because of hearsay and ended up been bitten as a result of things not working as predicted will see the two as same and if there will be any difference, it will be a thin one.
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March 15, 2017, 06:36:24 PM
 #214

Trading can't be called gambling completely, but a "may or may not be" kind of a scene may apply here. Trading may be gambling when we trade based on luck itself which is the most important part in gambling too, but we have analysis in terms of trading and gambling (sports betting and many other types of gambling) both. Trading may not be gambling when we are sure about the market's direction based on fundamentals that are being provided, whereas gambling is a completely random action.

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March 16, 2017, 03:17:23 AM
 #215

How different is trading from just gambling? I know there seems to be a  big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?

I think this will really be depend on the understanding of individuals, even we emphasize several times here that trading is different in gambling others may not understand it so well, but their differences are very simple only,  trading is a kind of assets or investment which you need to analyze and to minimize the risk involved in it. while gambling is just a form of amusement type only.
And in gambling is just lucky factor that is able to make us to gain a profit,
Not need for lessons to become a professional gambler. That's very different with trading.
Gambling is about the provably fair and if the owner setting his script to fool his users and you will never get profit with your luck. This is about the honest feel of the site owner.

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March 16, 2017, 03:23:44 AM
 #216

Gambling in a game like dice is completely left to chance and you will lose the entire bet if you lose the roll. However with trading, it can be based on knowledge and research and even making a bad trade doesn't mean you will lose all of your money.
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March 16, 2017, 03:27:32 AM
 #217

Gambling in a game like dice is completely left to chance and you will lose the entire bet if you lose the roll. However with trading, it can be based on knowledge and research and even making a bad trade doesn't mean you will lose all of your money.
that's the advantage when you are trading because you are not  completely lose your money in entire trade day unlike in gambling you will lose everything if you bet on the losing side, in trading you can lessen the loses and you can always go out and by another trade to chase back your loses while you still in the exchange.
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March 16, 2017, 11:10:54 AM
 #218

Well, have a trading system that is completely different from gambling. you can control what you seek income from trading. basically trading is simply buying and selling. it is just like buying gold, and wait for the price to be rising. whereas gambling is a game that risked valuable objects.

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March 16, 2017, 11:56:34 AM
 #219

Well, have a trading system that is completely different from gambling. you can control what you seek income from trading. basically trading is simply buying and selling. it is just like buying gold, and wait for the price to be rising. whereas gambling is a game that risked valuable objects.
But you cannot ignore the risk involved with the trading when comparing to gambling. Yes, both trading and gambling has their own level of risks associated with them.

In few aspects, trading is similar with gambling. Level of risk is one of them. When we your neglecting the technical analysis of trading, our trading will go in gambling way otherwise both are completely different.
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March 16, 2017, 01:33:40 PM
 #220

Well, have a trading system that is completely different from gambling. you can control what you seek income from trading. basically trading is simply buying and selling. it is just like buying gold, and wait for the price to be rising. whereas gambling is a game that risked valuable objects.

You made your explanation too simple and left out other things. Imo, They both have similar and different aspects but in the end trading will

always be the one to be worth it. Trading becomes similar to gambling when you have a 50-50 percent chance of profiting, A great example

is buying a newly released coin or its ICO. Many people are still losing money because of this, They thought that the coin will be promising

after some weeks but it most of the time its not.

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