How is trading *not* gambling?

[D05GTO]

Trading is based on skills and not luck the more skills you develop the more profits you can make in trading and gambling is exactly opposite to it as there is no room for improvement of development of skills and your luck will only determine your results.

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[daneranon89]

Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

[dearbesz1219]

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?

If you really wanna learn the basic trading here is the link for you to explore your idea about it just click this link https://bitcointalk.org/index.php?topic=1024457.msg11085774#msg11085774 because trading is not gambling that depending in luck most of the time.

[lionheart78]

Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

It is not hard to differentiate trading from gambling.  Trading have controlled risk, you can even nullify it, and if in case trade market of your stocks is not good, you can always cut losses or even profit from the fluctuation while doing your exit move.  While gambling once you bet and the roll is executed, you cannot do anything about it but to wait on the result.  You cannot cut your loses and it is dependent on its internal settings.

[stephanirain]

Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

It is not hard to differentiate trading from gambling.  Trading have controlled risk, you can even nullify it, and if in case trade market of your stocks is not good, you can always cut losses or even profit from the fluctuation while doing your exit move.  While gambling once you bet and the roll is executed, you cannot do anything about it but to wait on the result.  You cannot cut your loses and it is dependent on its internal settings.

Trading's risk can't actually be controlled since market is unpredictable same as gambling that you will wait until your bet won. They differ simply in once description. Trading's probability of winning is upon the market or a currency while gambling is upon the probability of winning between the house edge and a player.

[zidanw]

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?

trading more sense than gambling and we can minimize the loss in trading. gambling is more to the game that relies on pure luck but in trading is calculation.

[the.scientist]

There are very few elements in gambling that resemble those you'll see in trading. In gambling there are a lot of variables that you can not control... This makes things difficult when it comes to creating and applying strategies.

[Sled]

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?

trading more sense than gambling and we can minimize the loss in trading. gambling is more to the game that relies on pure luck but in trading is calculation.

That is the main difference between gambling and trading is the availability for you to control the game. If you do gambling then you are just a person or a tester and just depending in your luck and the system that is applied while in trading you can control your performance by doing analysis and because of your experience you will earn more bitcoin than in gambling with just based in luck.

[Oilacris]

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?

trading more sense than gambling and we can minimize the loss in trading. gambling is more to the game that relies on pure luck but in trading is calculation.

That is the main difference between gambling and trading is the availability for you to control the game. If you do gambling then you are just a person or a tester and just depending in your luck and the system that is applied while in trading you can control your performance by doing analysis and because of your experience you will earn more bitcoin than in gambling with just based in luck.

On most cases gambling does really fully rely on luck when we are basing on pure luck games but there are still games which do also need analysis but still needs luck same on trading it does still need luck but mostly on skill you do have.We cant control both sides gambling=luck, trading=price movement/analysis.

[Kevin77]

Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

It is not hard to differentiate trading from gambling.  Trading have controlled risk, you can even nullify it, and if in case trade market of your stocks is not good, you can always cut losses or even profit from the fluctuation while doing your exit move.  While gambling once you bet and the roll is executed, you cannot do anything about it but to wait on the result.  You cannot cut your loses and it is dependent on its internal settings.

In trading also, once we open positions and you could not do anything with it other than just waiting for the exit points (either with profits or losses). Yes only till entering into a position, we will be having all the control like when to enter /at which price levels to enter.

I believe there are similar aspect between when trading and gambling but trading could never become gambling, but few traders are going for throwing blind balls by imagining trading is another variation of gambling.

[barbara44]

Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

It is not hard to differentiate trading from gambling.  Trading have controlled risk, you can even nullify it, and if in case trade market of your stocks is not good, you can always cut losses or even profit from the fluctuation while doing your exit move.  While gambling once you bet and the roll is executed, you cannot do anything about it but to wait on the result.  You cannot cut your loses and it is dependent on its internal settings.

But when people want to try gambling with few aspects of trading they do get confused between trading and gambling. Because few strategies suggest us to go gambling with calculated risk and predetermined loss levels.

These are for controlling your losses in gambling still gambling could never become similar to trading to get good results from it.

[delliaerd]

There are very few elements in gambling that resemble those you'll see in trading. In gambling there are a lot of variables that you can not control... This makes things difficult when it comes to creating and applying strategies.

I think for people who do not want to really learn about trading then he will only make trades like gambling, so he does not do technical analysis or fundamental. if these are left out then we will not know the limits of motion of a price, and estimated the price movement. Another important thing is that we must develop a trading plan, due to the success it was planned and not a miracle.

[tigershark]

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 the difference is in the fact that gambling can be completelely random in the results and you can't do research or study the roulette table to improve results. In trading, you can study the charts and pay attention to the news to make an informed decision.

[poetra2501]

There are very few elements in gambling that resemble those you'll see in trading. In gambling there are a lot of variables that you can not control... This makes things difficult when it comes to creating and applying strategies.

I think for people who do not want to really learn about trading then he will only make trades like gambling, so he does not do technical analysis or fundamental. if these are left out then we will not know the limits of motion of a price, and estimated the price movement. Another important thing is that we must develop a trading plan, due to the success it was planned and not a miracle.

If with gambling we shouldn't have the skill or analysis such as technical or fundamental analysis.
Gambling just need luck or a miracle to always be winner. While in trading we
must be able to mastering any analysis as above. Without having any technical
or fundamental analysis then it will be the same as gamble.

[cramcram21]

Well I don't really consider it as gambling if the traders are using its knowledge,
I mean we know that gambling is a game of luck while in trading you have to analyze it before getting into it or buying some.

[richmcrich]

Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

It is not hard to differentiate trading from gambling.  Trading have controlled risk, you can even nullify it, and if in case trade market of your stocks is not good, you can always cut losses or even profit from the fluctuation while doing your exit move.  While gambling once you bet and the roll is executed, you cannot do anything about it but to wait on the result.  You cannot cut your loses and it is dependent on its internal settings.

But when people want to try gambling with few aspects of trading they do get confused between trading and gambling. Because few strategies suggest us to go gambling with calculated risk and predetermined loss levels.

These are for controlling your losses in gambling still gambling could never become similar to trading to get good results from it.

Yes when people who are trying to find their luck trading, I too believe this must be misinterpretation between gambling and trading.

When they learn about the possibilities profit making with trading and how the basics of trading works, then they will never try trading with their luck. I'm very much sure that trading will never get good results when we are trying it with our luck. We must do trading only in a proper way, trying different things may work sometimes but not in long-term basis.

[iram3130]

Well I don't really consider it as gambling if the traders are using its knowledge,
I mean we know that gambling is a game of luck while in trading you have to analyze it before getting into it or buying some.

If you think it through then you'll understand that there is analyzing in gambling also as well as need luck in trading.
If you want to have a certain chance of winning in gambling then you have to analyze what is going on. If you are betting then the analyzing part is more with statistics and all.
I have personally feel lucky when it comes to trading, I have got some good pumps when predicted and dumps when I wanted to buy..

[gabbie2010]

Trading is different from gambling in trading you will learn technical and fundamental analysis with respect to trading unlike gambling which is like tossing of a coin.

[grandy]

Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

i do not think that it is such a hard to explain, as the main difference between gambling and trading is that gambling is more risky than trading,

[klf]

Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

i do not think that it is such a hard to explain, as the main difference between gambling and trading is that gambling is more risky than trading,

If people do the trading without any knowledge of trading then it is also similar to trading because they are just trading based on believe or luck. Gambling games are mainly for fun and entertainment so you need to spend money for these entertainments. If you manage trading well then you can surely make decent profits over the time but in gambling, it is not possible to make a profit in the longer run.